| ZIP Code | 55316 |
|---|---|
| City | Champlin |
| State | Minnesota (MN) |
| County | Hennepin County |
| Area Code | 763 |
| Elevation | 853 ft |
| Latitude | 45.172932 |
|---|---|
| Longitude | -93.386829 |
| Timezone | Chicago (DST) |
| FIPS | 27053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.1 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.69 |
| Below Poverty | 7.0% ▼ 30% below avg |
| College Grads | 53.3% ▲ 38% above avg |
| Unemployment | 3.2% ▼ 35% below avg |
| No HS Diploma | 70 (0.4%) |
| HS Graduate | 3,672 (22.5%) |
| Some College | 1,285 (7.9%) |
| Associates | 2,585 (15.9%) |
| Bachelors | 2,769 (17%) |
| Graduate Degree | 5,912 (36.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $115,719 ▲ 52% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $338,400 ▲ 21% above avg ↑ 42% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,597/mo ↑ 30% since 2019 |
| Total Units | 8,932 |
| Vacant Units | 233 |
| Avg HH Size | 2.69 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,932 |
|---|---|
| Vacant | 233 |
| Owner Occupied | 89.5% |
| Renter Occupied | 10.5% |
| Avg HH Size | 2.69 |
ZIP code 55316 is located in Champlin, Minnesota, within Hennepin County. With a population of 23,450, this is a moderately populated ZIP code with a middle-aged community — the median age is 41.1 years. Economically, 55316 is a upper-middle-income ZIP code: the median household income of $115,719 is significantly above the national average.
Real estate in ZIP code 55316 represents a mid-range housing market. The median home value of $338,400 is above the national average. Renters can expect to pay around $1,597 per month in median rent. Homeownership is strong here — 89.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 42% since 2019.
The population of 55316 is primarily White (77.93%). Residents are well-educated — 53.3% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 7.0%. Household income has grown by 25% since 2019.
The unemployment rate in 55316 stands at 3.2%, which is below the national average. About 16% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 55316 in Champlin, MN is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 23,450 residents, a median household income of $115,719, and a median home value of $338,400, it offers a clear picture of life in this part of Minnesota.