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The median household income ($106,480) for 55305 is less than the median household income for 55345 ($143,287), 55391 ($170,115), 55447 ($128,781), and Minnetonka city ($120,496). But it's more than 55343 ($82,415), 55426 ($96,887), 55441 ($100,288), Hennepin County ($96,339), and Hopkins city ($71,170).
| 55305 | $106,480 |
| Hopkins city | $71,170 |
| Minnetonka city | $120,496 |
| Hennepin County | $96,339 |
The average household income ($147,885) for 55305 is less than the average household income for 55345 ($183,598), 55391 ($279,373), 55447 ($163,304), and Minnetonka city ($164,966). But it's more than 55343 ($105,834), 55426 ($117,740), 55441 ($146,616), Hennepin County ($135,302), and Hopkins city ($93,471).
| 55305 | $147,885 |
| Hopkins city | $93,471 |
| Minnetonka city | $164,966 |
| Hennepin County | $135,302 |
The per-capita income for 55305 is $69,721. The per capita income ($69,721) for 55305 is less than the per capita income for 55345 ($74,363), 55391 ($120,706), and Minnetonka city ($73,713). But it's more than 55343 ($54,599), 55426 ($55,213), 55441 ($63,902), 55447 ($67,061), Hennepin County ($57,633), and Hopkins city ($48,439).
| 55305 | $69,721 |
| Hopkins city | $48,439 |
| Minnetonka city | $73,713 |
| Hennepin County | $57,633 |
19.9% of households make over $200,000 a year. The percent high income households (19.9%) for 55305 is less than the percent high income households for 55345 (32.9%), 55391 (42.5%), 55441 (20.8%), 55447 (27.2%), and Minnetonka city (25.6%). But it's more than 55343 (10.5%), 55426 (13.2%), Hennepin County (18.5%), and Hopkins city (8.4%).
| 55305 | 19.9% |
| Hopkins city | 8.4% |
| Minnetonka city | 25.6% |
| Hennepin County | 18.5% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 55305 | $44,063 | $134,059 | $125,435 | $72,488 |
| Hopkins city | $32,668 | $82,222 | $85,682 | $56,026 |
| Minnetonka city | $66,078 | $148,530 | $144,607 | $87,960 |
| Hennepin County | $50,750 | $106,132 | $120,758 | $67,362 |
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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 2023 5-year estimates. You can find this information and other demographics for 55305 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.
| 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+ | |||||
| 55305 | +/-$6,503 | +/-$11,622 | +/-$5,915 | +/-2.9% | +/-$36,190 | +/-$19,815 | +/-$20,392 | +/-$16,044 |
| Hopkins city | +/-$8,089 | +/-$7,426 | +/-$4,026 | +/-2.0% | +/-$9,243 | +/-$6,267 | +/-$17,894 | +/-$14,955 |
| Minnetonka city | +/-$4,470 | +/-$7,440 | +/-$3,204 | +/-1.9% | +/-$15,320 | +/-$14,810 | +/-$11,183 | +/-$8,572 |
| Hennepin County | +/-$1,033 | +/-$1,202 | +/-$564 | +/-0.4% | +/-$3,219 | +/-$2,031 | +/-$3,168 | +/-$1,681 |
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