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55318 Income Statistics

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Comparison to Surrounding Areas

55318 Median Household Income

The median household income ($103,285) for 55318 is less than the median household income for 55387 ($104,969), 55322 ($107,179), 55331 ($156,308), 55347 ($158,475), 55386 ($173,536), 55315 ($123,563), 55317 ($126,455), Carver County ($116,308), Carver city ($125,123), Chanhassen city ($131,633), and Victoria city ($179,515). But it's more than 55379 ($103,278) and Chaska city ($99,988).

55318$103,285
Carver city$125,123
Chanhassen city$131,633
Chaska city$99,988
Victoria city$179,515
Carver County$116,308

55318 Average Household Income

The average household income ($132,895) for 55318 is less than the average household income for 55386 ($194,344), 55315 ($138,286), 55317 ($174,570), 55331 ($237,717), 55347 ($205,277), Carver County ($146,881), Carver city ($140,373), Chanhassen city ($179,719), and Victoria city ($203,507). But it's more than 55322 ($123,808), 55379 ($125,405), 55387 ($129,725), and Chaska city ($130,741).

55318$132,895
Carver city$140,373
Chanhassen city$179,719
Chaska city$130,741
Victoria city$203,507
Carver County$146,881

55318 Per-Capita Income

The per-capita income for 55318 is $51,620. The per capita income ($51,620) for 55318 is less than the per capita income for 55317 ($66,618), 55331 ($91,390), 55347 ($77,498), 55386 ($68,264), Carver County ($55,216), Chanhassen city ($67,775), and Victoria city ($71,237). But it's more than 55315 ($49,379), 55322 ($50,286), 55379 ($44,180), 55387 ($49,992), Carver city ($49,111), and Chaska city ($50,819).

55318$51,620
Carver city$49,111
Chanhassen city$67,775
Chaska city$50,819
Victoria city$71,237
Carver County$55,216

55318 High Income Households

17.6% of households make over $200,000 a year. The percent high income households (17.6%) for 55318 is more than 55387 (18.3%), 55322 (16.4%), 55331 (41.0%), 55347 (38.3%), 55379 (16.9%), 55386 (40.7%), 55315 (22.9%), 55317 (32.5%), Carver County (22.7%), Carver city (23.3%), Chanhassen city (33.8%), Chaska city (17.1%), and Victoria city (43.2%).

5531817.6%
Carver city23.3%
Chanhassen city33.8%
Chaska city17.1%
Victoria city43.2%
Carver County22.7%

55318 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55318$50,553$113,750$134,478$60,405
Carver city$-1$146,875$138,182$41,161
Chanhassen city$82,056$152,292$172,213$68,403
Chaska city$50,513$110,221$136,172$57,668
Victoria city$-1$213,608$184,418$109,044
Carver County$57,308$134,894$142,733$62,512

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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 55318 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+
55318+/-$8,471+/-$6,874+/-$2,704+/-2.4%+/-$8,603+/-$20,098+/-$17,073+/-$10,733
Carver city+/-$12,724+/-$14,406+/-$5,450+/-7.1%+/-$-1+/-$21,289+/-$24,965+/-$39,160
Chanhassen city+/-$9,647+/-$10,423+/-$3,622+/-3.2%+/-$29,971+/-$29,946+/-$17,430+/-$11,860
Chaska city+/-$10,682+/-$7,088+/-$2,788+/-2.5%+/-$8,629+/-$18,426+/-$19,733+/-$12,995
Victoria city+/-$13,945+/-$13,724+/-$4,941+/-5.6%+/-$-1+/-$17,726+/-$16,644+/-$12,408
Carver County+/-$3,386+/-$3,447+/-$1,220+/-1.3%+/-$13,517+/-$8,792+/-$7,617+/-$4,143