55040 Map

55040 Income Statistics

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Comparison to Surrounding Areas

55040 Median Household Income

The median household income ($88,576) for 55040 is less than the median household income for 55070 ($101,925), 55005 ($109,464), 55056 ($93,601), 55398 ($105,063), 55079 ($111,484), 55371 ($89,674), and St. Francis city ($101,875). But it's more than 55008 ($83,209), Isanti County ($86,573), Cambridge city ($67,632), and Isanti city ($84,412).

55040$88,576
Cambridge city$67,632
Isanti city$84,412
St. Francis city$101,875
Isanti County$86,573

55040 Average Household Income

The average household income ($104,795) for 55040 is less than the average household income for 55005 ($120,306), 55056 ($114,268), 55070 ($106,611), 55079 ($122,887), 55398 ($117,742), and St. Francis city ($107,161). But it's more than 55008 ($93,809), 55371 ($99,581), Isanti County ($101,811), Cambridge city ($79,410), and Isanti city ($94,740).

55040$104,795
Cambridge city$79,410
Isanti city$94,740
St. Francis city$107,161
Isanti County$101,811

55040 Per-Capita Income

The per-capita income for 55040 is $39,665. The per capita income ($39,665) for 55040 is less than the per capita income for 55005 ($43,200), 55008 ($39,767), 55056 ($44,630), 55079 ($46,857), 55398 ($41,435), and Isanti County ($40,123). But it's more than 55070 ($38,174), 55371 ($38,181), Cambridge city ($34,427), Isanti city ($36,048), and St. Francis city ($38,035).

55040$39,665
Cambridge city$34,427
Isanti city$36,048
St. Francis city$38,035
Isanti County$40,123

55040 High Income Households

8.1% of households make over $200,000 a year. The percent high income households (8.1%) for 55040 is less than the percent high income households for 55005 (11.5%), 55056 (9.2%), 55079 (12.9%), 55398 (11.2%), and Isanti County (8.3%). But it's more than 55008 (7.4%), 55070 (5.8%), 55371 (4.8%), Cambridge city (4.6%), Isanti city (5.9%), and St. Francis city (6.2%).

550408.1%
Cambridge city4.6%
Isanti city5.9%
St. Francis city6.2%
Isanti County8.3%

55040 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55040$76,899$115,391$95,514$52,371
Cambridge city$42,500$85,486$95,107$35,574
Isanti city$75,986$114,767$71,466$46,394
St. Francis city$-1$108,333$131,875$59,438
Isanti County$72,500$101,909$102,955$51,015

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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 55040 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+
55040+/-$7,516+/-$8,215+/-$3,251+/-2.6%+/-$15,905+/-$12,283+/-$14,130+/-$8,120
Cambridge city+/-$7,452+/-$5,744+/-$2,203+/-2.3%+/-$21,055+/-$12,557+/-$26,958+/-$4,348
Isanti city+/-$14,579+/-$7,515+/-$3,781+/-3.3%+/-$5,006+/-$17,950+/-$28,278+/-$14,472
St. Francis city+/-$11,284+/-$6,038+/-$2,451+/-2.5%+/-$-1+/-$25,089+/-$8,579+/-$19,389
Isanti County+/-$3,501+/-$3,648+/-$1,295+/-1.5%+/-$22,616+/-$5,048+/-$4,581+/-$2,839