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55341 Income Statistics

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Comparison to Surrounding Areas

55341 Median Household Income

The median household income ($145,156) for 55341 is less than the median household income for 55374 ($147,833). But it's more than 55313 ($88,893), 55357 ($140,967), 55376 ($123,660), Hennepin County ($92,595), and Wright County ($102,980). And it's the same as Hanover city ($145,156).

55341$145,156
Hanover city$145,156
Hennepin County$92,595
Wright County$102,980

55341 Average Household Income

The average household income ($156,739) for 55341 is less than the average household income for 55357 ($192,247), 55374 ($158,427), and Hanover city ($158,383). But it's more than 55313 ($112,700), 55376 ($140,280), Hennepin County ($130,586), and Wright County ($117,983).

55341$156,739
Hanover city$158,383
Hennepin County$130,586
Wright County$117,983

55341 Per-Capita Income

The per-capita income for 55341 is $52,345. The per capita income ($52,345) for 55341 is less than the per capita income for 55357 ($66,656), 55374 ($53,384), Hennepin County ($55,199), and Hanover city ($52,891). But it's more than 55313 ($41,816), 55376 ($48,325), and Wright County ($43,067).

55341$52,345
Hanover city$52,891
Hennepin County$55,199
Wright County$43,067

55341 High Income Households

25.9% of households make over $200,000 a year. The percent high income households (25.9%) for 55341 is more than 55313 (10.0%), 55357 (32.6%), 55374 (25.3%), 55376 (14.8%), Wright County (11.4%), Hennepin County (17.2%), and Hanover city (26.1%).

5534125.9%
Hanover city26.1%
Hennepin County17.2%
Wright County11.4%

55341 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55341$-1$159,219$152,308$88,333
Hanover city$-1$159,219$151,731$88,333
Hennepin County$46,678$102,800$114,722$64,906
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 55341 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+
55341+/-$16,144+/-$16,020+/-$5,629+/-7.1%+/-$-1+/-$19,668+/-$27,105+/-$59,254
Hanover city+/-$16,268+/-$16,510+/-$5,704+/-7.1%+/-$-1+/-$19,668+/-$24,876+/-$59,254
Hennepin County+/-$1,005+/-$1,140+/-$536+/-0.3%+/-$2,682+/-$1,642+/-$1,813+/-$1,337
Wright County+/-$3,863+/-$3,144+/-$1,015+/-1.1%+/-$15,750+/-$2,951+/-$7,412+/-$2,815