Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.1 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $338,400 ▲ 21% above avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,597/mo |
| Total Housing Units | 8,932 |
| Vacant Units | 233 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Champlin is a city in Minnesota, located in Hennepin County. The city spans 1 ZIP code and is home to approximately 23,450 residents. It is a middle-aged city, with a median age of 41.1 years.
Economically, Champlin is a upper-middle-income community. The median household income of $115,719 is significantly above the national average. Approximately 7.0% of residents live below the poverty line. The unemployment rate is 3.2%, below the national average.
The real estate market in Champlin is a mid-range housing market. Median home values stand at $338,400, which is above the national average. Renters typically pay around $1,597 per month. Homeownership is high at 89.5%, typical of suburban and family-oriented communities.
The population of Champlin is well-educated. 53.3% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (77.93%).
Champlin, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55316 | 23,450 | $115,719 | $338,400 | $1,597 | 3.2% | 53.3% | 89.5% |