55016 Map

55016 Income Statistics

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Comparison to Surrounding Areas

55016 Median Household Income

The median household income ($121,295) for 55016 is less than the median household income for 55001 ($130,625), 55068 ($125,271), 55129 ($152,500), and Cottage Grove city ($121,452). But it's more than 55033 ($102,026), 55055 ($63,365), 55071 ($98,945), 55076 ($98,026), and Washington County ($114,457).

55016$121,295
Cottage Grove city$121,452
Washington County$114,457

55016 Average Household Income

The average household income ($137,642) for 55016 is less than the average household income for 55001 ($179,832), 55068 ($150,505), 55129 ($181,616), Washington County ($148,315), and Cottage Grove city ($137,657). But it's more than 55033 ($117,540), 55055 ($89,921), 55071 ($104,008), and 55076 ($116,165).

55016$137,642
Cottage Grove city$137,657
Washington County$148,315

55016 Per-Capita Income

The per-capita income for 55016 is $47,755. The per capita income ($47,755) for 55016 is less than the per capita income for 55001 ($71,498), 55068 ($54,598), 55076 ($50,712), 55129 ($63,566), Washington County ($56,650), and Cottage Grove city ($47,794). But it's more than 55033 ($47,269), 55055 ($39,124), and 55071 ($41,648).

55016$47,755
Cottage Grove city$47,794
Washington County$56,650

55016 High Income Households

16.6% of households make over $200,000 a year. The percent high income households (16.6%) for 55016 is less than the percent high income households for 55001 (28.9%), 55068 (22.2%), 55129 (34.2%), and Washington County (21.3%). But it's more than 55033 (14.6%), 55055 (8.1%), 55071 (4.6%), 55076 (12.0%), and Cottage Grove city (16.5%).

5501616.6%
Cottage Grove city16.5%
Washington County21.3%

55016 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55016$122,873$129,224$143,144$76,588
Cottage Grove city$122,873$129,634$143,201$76,917
Washington County$71,239$129,361$141,711$75,013

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 55016 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
55016+/-$6,525+/-$7,231+/-$2,521+/-2.1%+/-$116,496+/-$14,951+/-$10,834+/-$6,780
Cottage Grove city+/-$6,531+/-$7,226+/-$2,518+/-2.1%+/-$116,496+/-$15,230+/-$10,853+/-$6,978
Washington County+/-$1,928+/-$2,804+/-$1,055+/-0.8%+/-$11,687+/-$4,531+/-$4,793+/-$3,167