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55306 Income Statistics

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Comparison to Surrounding Areas

55306 Median Household Income

The median household income ($94,205) for 55306 is less than the median household income for 55044 ($133,085), 55124 ($97,588), 55378 ($122,652), and Dakota County ($101,360). But it's more than 55337 ($83,575) and Burnsville city ($85,801).

55306$94,205
Burnsville city$85,801
Dakota County$101,360

55306 Average Household Income

The average household income ($113,571) for 55306 is less than the average household income for 55044 ($160,237), 55124 ($123,508), 55378 ($144,832), and Dakota County ($124,697). But it's more than 55337 ($102,482) and Burnsville city ($105,236).

55306$113,571
Burnsville city$105,236
Dakota County$124,697

55306 Per-Capita Income

The per-capita income for 55306 is $45,049. The per capita income ($45,049) for 55306 is less than the per capita income for 55044 ($56,277), 55124 ($47,738), 55378 ($51,869), and Dakota County ($48,894). But it's more than 55337 ($41,976) and Burnsville city ($42,761).

55306$45,049
Burnsville city$42,761
Dakota County$48,894

55306 High Income Households

10.0% of households make over $200,000 a year. The percent high income households (10.0%) for 55306 is more than 55044 (26.4%), 55124 (13.3%), 55337 (8.5%), 55378 (23.0%), Dakota County (15.3%), and Burnsville city (8.9%).

5530610.0%
Burnsville city8.9%
Dakota County15.3%

55306 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55306$51,167$95,000$126,372$70,274
Burnsville city$52,535$93,559$107,231$66,903
Dakota County$68,279$110,560$126,253$64,353

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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 55306 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+
55306+/-$10,047+/-$7,506+/-$3,357+/-2.2%+/-$17,833+/-$16,169+/-$11,934+/-$7,258
Burnsville city+/-$4,577+/-$3,490+/-$1,573+/-1.2%+/-$12,434+/-$10,219+/-$10,423+/-$4,651
Dakota County+/-$1,174+/-$1,287+/-$494+/-0.5%+/-$4,557+/-$2,190+/-$2,691+/-$2,015