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55321 Income Statistics

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Comparison to Surrounding Areas

55321 Median Household Income

The median household income ($76,287) for 55321 is less than the median household income for 55302 ($83,479), 55325 ($86,618), 55349 ($93,063), 55381 ($81,103), 55382 ($90,577), and Wright County ($102,980). But it's more than 55350 ($72,133) and Cokato city ($64,844).

55321$76,287
Cokato city$64,844
Wright County$102,980

55321 Average Household Income

The average household income ($90,897) for 55321 is less than the average household income for 55349 ($101,812), 55302 ($104,439), 55325 ($95,311), 55382 ($111,913), 55350 ($96,481), 55381 ($94,406), and Wright County ($117,983). But it's more than Cokato city ($71,822).

55321$90,897
Cokato city$71,822
Wright County$117,983

55321 Per-Capita Income

The per-capita income for 55321 is $32,489. The per capita income ($32,489) for 55321 is less than the per capita income for 55349 ($42,232), 55302 ($41,452), 55325 ($35,770), 55382 ($44,516), 55350 ($42,011), 55381 ($40,096), and Wright County ($43,067). But it's more than Cokato city ($29,242).

55321$32,489
Cokato city$29,242
Wright County$43,067

55321 High Income Households

4.7% of households make over $200,000 a year. The percent high income households (4.7%) for 55321 is more than 55382 (11.6%), 55350 (7.8%), 55381 (5.6%), 55302 (8.9%), 55325 (4.6%), 55349 (7.6%), Wright County (11.4%), and Cokato city (0.6%).

553214.7%
Cokato city0.6%
Wright County11.4%

55321 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55321$76,667$85,788$96,705$43,889
Cokato city$76,667$66,071$79,107$35,658
Wright County$72,697$119,046$115,778$54,500

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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 55321 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+
55321+/-$6,626+/-$5,972+/-$2,564+/-1.3%+/-$4,139+/-$10,220+/-$13,710+/-$9,446
Cokato city+/-$7,322+/-$6,057+/-$3,501+/-0.9%+/-$4,139+/-$30,330+/-$20,669+/-$15,152
Wright County+/-$3,863+/-$3,144+/-$1,015+/-1.1%+/-$15,750+/-$2,951+/-$7,412+/-$2,815