55044 Income Statistics

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Comparison to Surrounding Areas

55044 Median Household Income

The median household income ($133,085) for 55044 is less than the median household income for 55020 ($140,417), 55372 ($137,301), and Credit River city ($154,145). But it's more than 55378 ($122,652), 55088 ($132,917), 55124 ($97,588), 55306 ($94,205), 55024 ($116,536), 55057 ($90,066), 55068 ($122,785), Scott County ($118,268), Dakota County ($101,360), and Lakeville city ($129,069).

55044	$133,085
Credit River city	$154,145
Lakeville city	$129,069
Dakota County	$101,360
Scott County	$118,268

55044 Average Household Income

The average household income ($160,237) for 55044 is less than the average household income for 55372 ($178,707) and Credit River city ($226,709). But it's more than 55378 ($144,832), 55088 ($148,287), 55124 ($123,508), 55306 ($113,571), 55020 ($157,576), 55024 ($127,638), 55057 ($112,143), 55068 ($143,708), Scott County ($144,751), Dakota County ($124,697), and Lakeville city ($150,638).

55044	$160,237
Credit River city	$226,709
Lakeville city	$150,638
Dakota County	$124,697
Scott County	$144,751

55044 Per-Capita Income

The per-capita income for 55044 is $56,277. The per capita income ($56,277) for 55044 is less than the per capita income for 55372 ($64,525) and Credit River city ($76,319). But it's more than 55378 ($51,869), 55088 ($53,474), 55124 ($47,738), 55306 ($45,049), 55020 ($51,329), 55024 ($44,269), 55057 ($39,536), 55068 ($51,702), Scott County ($51,259), Dakota County ($48,894), and Lakeville city ($52,634).

55044	$56,277
Credit River city	$76,319
Lakeville city	$52,634
Dakota County	$48,894
Scott County	$51,259

55044 High Income Households

26.4% of households make over $200,000 a year. The percent high income households (26.4%) for 55044 is more than 55378 (23.0%), 55088 (20.3%), 55124 (13.3%), 55306 (10.0%), 55372 (29.9%), 55020 (19.3%), 55024 (14.1%), 55057 (10.5%), 55068 (19.6%), Scott County (21.7%), Dakota County (15.3%), Credit River city (43.1%), and Lakeville city (23.4%).

55044	26.4%
Credit River city	43.1%
Lakeville city	23.4%
Dakota County	15.3%
Scott County	21.7%

55044 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
55044	$95,682	$141,418	$155,629	$68,897
Credit River city	$-1	$234,375	$178,295	$71,471
Lakeville city	$96,835	$134,313	$148,456	$66,088
Dakota County	$68,279	$110,560	$126,253	$64,353
Scott County	$77,843	$123,110	$143,482	$66,593

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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 55044 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19049 Median Household Income in the Past 12 Months (in 2022 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
55044	+/-$4,624	+/-$6,758	+/-$2,160	+/-2.2%	+/-$35,283	+/-$14,555	+/-$9,035	+/-$11,493
Credit River city	+/-$24,084	+/-$44,228	+/-$13,799	+/-7.5%	+/-$-1	+/-$105,659	+/-$57,040	+/-$16,135
Lakeville city	+/-$6,766	+/-$5,368	+/-$1,695	+/-1.9%	+/-$33,203	+/-$8,676	+/-$7,267	+/-$8,885
Dakota County	+/-$1,174	+/-$1,287	+/-$494	+/-0.5%	+/-$4,557	+/-$2,190	+/-$2,691	+/-$2,015
Scott County	+/-$3,544	+/-$3,912	+/-$1,340	+/-1.4%	+/-$34,281	+/-$6,330	+/-$5,972	+/-$2,962