55049 Map

55049 Income Statistics

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Comparison to Surrounding Areas

55049 Median Household Income

The median household income ($90,700) for 55049 is less than the median household income for Medford city ($98,375). But it's more than 56093 ($73,210), 55060 ($83,848), 55946 ($80,461), 55985 ($84,853), 55021 ($70,296), 55052 ($78,375), Steele County ($83,448), Rice County ($82,792), and Owatonna city ($81,276).

55049$90,700
Medford city$98,375
Owatonna city$81,276
Rice County$82,792
Steele County$83,448

55049 Average Household Income

The average household income ($103,478) for 55049 is less than the average household income for Rice County ($104,482) and Medford city ($110,983). But it's more than 56093 ($94,336), 55946 ($91,898), 55985 ($98,198), 55021 ($93,775), 55052 ($99,795), 55060 ($103,042), Steele County ($101,912), and Owatonna city ($100,302).

55049$103,478
Medford city$110,983
Owatonna city$100,302
Rice County$104,482
Steele County$101,912

55049 Per-Capita Income

The per-capita income for 55049 is $37,522. The per capita income ($37,522) for 55049 is less than the per capita income for 55985 ($40,462), 55052 ($42,264), 55060 ($42,271), 55946 ($38,367), Rice County ($38,276), Steele County ($41,392), Medford city ($41,238), and Owatonna city ($41,718). But it's more than 55021 ($36,106) and 56093 ($36,900).

55049$37,522
Medford city$41,238
Owatonna city$41,718
Rice County$38,276
Steele County$41,392

55049 High Income Households

8.5% of households make over $200,000 a year. The percent high income households (8.5%) for 55049 is less than the percent high income households for Rice County (8.6%) and Medford city (8.8%). But it's more than 55052 (7.0%), 55985 (7.3%), 56093 (6.3%), 55021 (6.8%), 55946 (4.7%), Steele County (8.3%), and Owatonna city (8.0%). And it's the same as 55060 (8.5%).

550498.5%
Medford city8.8%
Owatonna city8.0%
Rice County8.6%
Steele County8.3%

55049 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55049$41,719$93,636$98,594$68,750
Medford city$-1$104,750$121,750$75,250
Owatonna city$44,375$93,887$99,318$53,571
Rice County$47,679$89,938$103,713$58,710
Steele County$54,417$98,657$101,535$54,384

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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 55049 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+
55049+/-$6,709+/-$7,180+/-$3,104+/-2.7%+/-$25,609+/-$12,431+/-$28,434+/-$17,338
Medford city+/-$17,105+/-$10,921+/-$4,097+/-4.2%+/-$-1+/-$16,377+/-$19,930+/-$19,178
Owatonna city+/-$6,394+/-$6,811+/-$2,673+/-2.2%+/-$30,599+/-$15,782+/-$16,756+/-$6,751
Rice County+/-$2,658+/-$3,359+/-$1,072+/-0.9%+/-$19,019+/-$10,299+/-$8,190+/-$5,244
Steele County+/-$4,523+/-$5,021+/-$1,918+/-1.5%+/-$23,542+/-$11,592+/-$7,824+/-$4,045