55074 Map

55074 Income Statistics

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Comparison to Surrounding Areas

55074 Median Household Income

The median household income ($105,500) for 55074 is less than the median household income for 55045 ($108,148) and 55073 ($124,500). But it's more than 54009 ($84,583), 54020 ($80,353), 55012 ($88,472), 55084 ($84,500), Chisago County ($97,446), Shafer city ($92,321), and Taylors Falls city ($60,313).

55074$105,500
Shafer city$92,321
Taylors Falls city$60,313
Chisago County$97,446

55074 Average Household Income

The average household income ($114,885) for 55074 is less than the average household income for 55045 ($125,211) and 55073 ($146,780). But it's more than 54009 ($89,575), 54020 ($94,237), 55012 ($100,435), 55084 ($99,877), Chisago County ($111,436), Shafer city ($104,203), and Taylors Falls city ($79,577).

55074$114,885
Shafer city$104,203
Taylors Falls city$79,577
Chisago County$111,436

55074 Per-Capita Income

The per-capita income for 55074 is $43,110. The per capita income ($43,110) for 55074 is less than the per capita income for 55045 ($45,271) and 55073 ($52,542). But it's more than 54009 ($33,566), 54020 ($39,641), 55012 ($41,211), 55084 ($39,190), Chisago County ($41,814), Shafer city ($36,627), and Taylors Falls city ($35,079).

55074$43,110
Shafer city$36,627
Taylors Falls city$35,079
Chisago County$41,814

55074 High Income Households

9.8% of households make over $200,000 a year. The percent high income households (9.8%) for 55074 is more than 55084 (6.6%), 55012 (9.1%), 55045 (11.5%), 55073 (18.9%), 54009 (5.2%), 54020 (7.5%), Chisago County (9.5%), Shafer city (6.2%), and Taylors Falls city (3.9%).

550749.8%
Shafer city6.2%
Taylors Falls city3.9%
Chisago County9.5%

55074 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55074$73,750$104,286$124,167$87,857
Shafer city$72,813$94,167$118,333$48,125
Taylors Falls city$-1$65,625$87,614$46,250
Chisago County$63,661$111,762$117,626$58,618

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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 2022 5-year estimates. You can find this information and other demographics for 55074 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
under 25 25 to 44 45 to 64 65+
55074+/-$9,621+/-$8,854+/-$3,445+/-3.7%+/-$11,399+/-$21,188+/-$16,979+/-$17,164
Shafer city+/-$23,153+/-$12,919+/-$4,725+/-4.4%+/-$17,319+/-$24,229+/-$19,615+/-$12,416
Taylors Falls city+/-$10,402+/-$8,975+/-$4,264+/-3.2%+/-$-1+/-$26,905+/-$17,749+/-$8,259
Chisago County+/-$3,844+/-$4,003+/-$1,371+/-1.2%+/-$24,555+/-$4,559+/-$7,815+/-$4,052