55331 Map

55331 Income Statistics

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Comparison to Surrounding Areas

55331 Median Household Income

The median household income ($160,029) for 55331 is less than the median household income for 55386 ($191,279), 55391 ($170,115), Orono city ($181,875), Deephaven city ($175,441), Victoria city ($192,821), Shorewood city ($172,325), and Greenwood city ($199,063). But it's more than 55387 ($109,279), 55317 ($133,573), 55318 ($111,781), 55345 ($143,287), 55364 ($111,083), 55375 ($136,250), Carver County ($123,144), Hennepin County ($96,339), Chanhassen city ($138,034), Excelsior city ($108,611), Minnetrista city ($156,346), and Tonka Bay city ($151,563).

55331$160,029
Victoria city$192,821
Shorewood city$172,325
Tonka Bay city$151,563
Chanhassen city$138,034
Deephaven city$175,441
Excelsior city$108,611
Greenwood city$199,063
Minnetrista city$156,346
Orono city$181,875
Hennepin County$96,339
Carver County$123,144

55331 Average Household Income

The average household income ($250,938) for 55331 is less than the average household income for 55391 ($279,373), Deephaven city ($346,417), Greenwood city ($367,723), Orono city ($311,853), and Tonka Bay city ($310,412). But it's more than 55387 ($131,941), 55317 ($188,488), 55318 ($142,462), 55345 ($183,598), 55364 ($171,987), 55375 ($166,421), 55386 ($205,506), Carver County ($154,466), Hennepin County ($135,302), Chanhassen city ($191,377), Excelsior city ($176,141), Minnetrista city ($198,510), Shorewood city ($237,234), and Victoria city ($210,254).

55331$250,938
Victoria city$210,254
Shorewood city$237,234
Tonka Bay city$310,412
Chanhassen city$191,377
Deephaven city$346,417
Excelsior city$176,141
Greenwood city$367,723
Minnetrista city$198,510
Orono city$311,853
Hennepin County$135,302
Carver County$154,466

55331 Per-Capita Income

The per-capita income for 55331 is $97,601. The per capita income ($97,601) for 55331 is less than the per capita income for 55391 ($120,706), Deephaven city ($138,183), Greenwood city ($149,436), Orono city ($131,289), and Tonka Bay city ($133,352). But it's more than 55387 ($51,790), 55317 ($71,098), 55318 ($55,446), 55345 ($74,363), 55364 ($77,130), 55375 ($55,512), 55386 ($72,217), Carver County ($58,254), Hennepin County ($57,633), Chanhassen city ($71,799), Excelsior city ($88,475), Minnetrista city ($68,976), Shorewood city ($87,623), and Victoria city ($74,043).

55331$97,601
Victoria city$74,043
Shorewood city$87,623
Tonka Bay city$133,352
Chanhassen city$71,799
Deephaven city$138,183
Excelsior city$88,475
Greenwood city$149,436
Minnetrista city$68,976
Orono city$131,289
Hennepin County$57,633
Carver County$58,254

55331 High Income Households

40.9% of households make over $200,000 a year. The percent high income households (40.9%) for 55331 is less than the percent high income households for 55386 (45.0%), 55391 (42.5%), Orono city (45.9%), Deephaven city (43.0%), Victoria city (46.6%), Shorewood city (42.8%), and Greenwood city (49.5%). But it's more than 55387 (19.1%), 55317 (33.9%), 55318 (20.3%), 55345 (32.9%), 55364 (28.2%), 55375 (25.3%), Carver County (25.1%), Hennepin County (18.5%), Chanhassen city (34.7%), Excelsior city (25.9%), Minnetrista city (37.7%), and Tonka Bay city (39.7%).

5533140.9%
Victoria city46.6%
Shorewood city42.8%
Tonka Bay city39.7%
Chanhassen city34.7%
Deephaven city43.0%
Excelsior city25.9%
Greenwood city49.5%
Minnetrista city37.7%
Orono city45.9%
Hennepin County18.5%
Carver County25.1%

55331 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55331$-1$181,875$181,563$112,679
Victoria city$108,913$227,279$192,198$118,859
Shorewood city$-1$239,167$186,925$96,550
Tonka Bay city$-1$144,375$158,846$138,333
Chanhassen city$84,718$145,221$186,103$72,108
Deephaven city$-1$137,083$248,542$131,162
Excelsior city$-1$82,012$116,100$136,382
Greenwood city$-1$128,750$250,001$94,167
Minnetrista city$-1$188,000$173,697$92,120
Orono city$-1$202,692$237,568$79,741
Hennepin County$50,750$106,132$120,758$67,362
Carver County$70,321$143,743$153,862$67,675

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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 2023 5-year estimates. You can find this information and other demographics for 55331 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
55331+/-$14,490+/-$21,145+/-$8,173+/-4.0%+/-$-1+/-$29,747+/-$28,317+/-$15,049
Victoria city+/-$12,294+/-$15,409+/-$5,873+/-6.0%+/-$40,543+/-$58,699+/-$16,308+/-$16,088
Shorewood city+/-$24,794+/-$38,427+/-$14,985+/-7.7%+/-$-1+/-$38,200+/-$62,160+/-$15,405
Tonka Bay city+/-$26,155+/-$71,873+/-$32,441+/-8.2%+/-$-1+/-$63,698+/-$34,272+/-$52,426
Chanhassen city+/-$8,867+/-$10,299+/-$3,765+/-2.7%+/-$40,882+/-$19,436+/-$18,756+/-$10,326
Deephaven city+/-$27,244+/-$76,315+/-$30,857+/-8.3%+/-$-1+/-$67,456+/-$77,606+/-$10,250
Excelsior city+/-$28,874+/-$43,210+/-$21,058+/-10.0%+/-$-1+/-$25,177+/-$47,833+/-$107,728
Greenwood city+/-$67,705+/-$154,681+/-$50,941+/-13.0%+/-$-1+/-$8,737+/-$-1+/-$87,305
Minnetrista city+/-$36,532+/-$22,959+/-$8,304+/-7.6%+/-$-1+/-$59,515+/-$52,092+/-$20,869
Orono city+/-$22,023+/-$55,333+/-$35,878+/-5.4%+/-$-1+/-$54,177+/-$20,185+/-$11,322
Hennepin County+/-$1,033+/-$1,202+/-$564+/-0.4%+/-$3,219+/-$2,031+/-$3,168+/-$1,681
Carver County+/-$3,157+/-$4,079+/-$1,437+/-1.3%+/-$20,319+/-$6,856+/-$11,948+/-$3,892