ZIP Code 55316 — Champlin city, MN Demographics & Data

ZIP code 55316 covers Champlin, MN in Hennepin County with a population of about 23,450.

At a glance, the area shows median age of 41.1 versus a U.S. median of about 38.9.

It sits in telephone area code 763; U.S. House district MN-3; the MINNEAPOLIS - ST. PAUL media market.

Champlin, MN sits in a university / college context (near anoka-ramsey community college (1.7 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 55316 is about $115,719 — about 54% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 7.0%; unemployment rate near 3.2%; 36.6% of adults with a bachelor’s degree or higher (about 2.9 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Retail trade; about 15.6% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $338,400 — about 3% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,436 (about 23% above the U.S. median rent ($1,163)), and owner-occupancy near 89.5% (about 24.1 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 55316 in Champlin, MN, a household would need roughly $93,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,174. That sits below the local median household income ($115,719), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Champlin city, MN as Relatively High (composite score 98.3), which is among the highest nationally. The strongest component scores on US5 are flood (98.0) and wildfire (74.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Champlin city, MN show little to no average snow and around 28.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,664 for ZIP 55316 (Champlin city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.