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55322 Income Statistics

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Comparison to Surrounding Areas

55322 Median Household Income

The median household income ($107,179) for 55322 is less than the median household income for 55315 ($123,563), 55360 ($114,563), Carver County ($116,308), and Cologne city ($114,375). But it's more than 55318 ($103,285), 55368 ($83,472), 55387 ($104,969), 55397 ($77,250), 56011 ($98,692), and Waconia city ($101,619).

55322$107,179
Cologne city$114,375
Waconia city$101,619
Carver County$116,308

55322 Average Household Income

The average household income ($123,808) for 55322 is less than the average household income for 55315 ($138,286), 55318 ($132,895), 55360 ($126,478), 55387 ($129,725), Carver County ($146,881), Cologne city ($129,136), and Waconia city ($125,276). But it's more than 55368 ($105,911), 55397 ($94,214), and 56011 ($115,859).

55322$123,808
Cologne city$129,136
Waconia city$125,276
Carver County$146,881

55322 Per-Capita Income

The per-capita income for 55322 is $50,286. The per capita income ($50,286) for 55322 is less than the per capita income for 55318 ($51,620) and Carver County ($55,216). But it's more than 56011 ($42,296), 55387 ($49,992), 55397 ($35,231), 55315 ($49,379), 55360 ($43,906), 55368 ($42,769), Waconia city ($48,432), and Cologne city ($50,235).

55322$50,286
Cologne city$50,235
Waconia city$48,432
Carver County$55,216

55322 High Income Households

16.4% of households make over $200,000 a year. The percent high income households (16.4%) for 55322 is more than 56011 (15.2%), 55368 (7.8%), 55387 (18.3%), 55397 (4.5%), 55315 (22.9%), 55318 (17.6%), 55360 (9.6%), Carver County (22.7%), Cologne city (22.8%), and Waconia city (17.3%).

5532216.4%
Cologne city22.8%
Waconia city17.3%
Carver County22.7%

55322 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55322$68,875$126,875$121,250$60,833
Cologne city$69,250$122,083$144,167$70,469
Waconia city$-1$133,500$129,491$47,788
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 55322 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+
55322+/-$8,487+/-$10,615+/-$4,683+/-7.6%+/-$6,269+/-$11,281+/-$33,004+/-$15,852
Cologne city+/-$28,409+/-$16,212+/-$7,611+/-12.7%+/-$8,319+/-$16,074+/-$71,459+/-$5,510
Waconia city+/-$11,510+/-$10,147+/-$3,563+/-3.6%+/-$-1+/-$24,451+/-$17,020+/-$16,261
Carver County+/-$3,386+/-$3,447+/-$1,220+/-1.3%+/-$13,517+/-$8,792+/-$7,617+/-$4,143