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55357 Income Statistics

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Comparison to Surrounding Areas

55357 Median Household Income

The median household income ($140,967) for 55357 is less than the median household income for 55340 ($169,762), 55341 ($145,156), 55374 ($147,833), Corcoran city ($155,385), Medina city ($202,153), Greenfield city ($142,214), and Independence city ($191,736). But it's more than 55313 ($88,893), 55359 ($125,435), 55373 ($85,538), Hennepin County ($92,595), and Loretto city ($85,625).

55357$140,967
Corcoran city$155,385
Greenfield city$142,214
Independence city$191,736
Loretto city$85,625
Medina city$202,153
Hennepin County$92,595

55357 Average Household Income

The average household income ($192,247) for 55357 is less than the average household income for 55340 ($229,222), 55359 ($216,050), Independence city ($266,059), and Medina city ($316,620). But it's more than 55374 ($158,427), 55313 ($112,700), 55341 ($156,739), 55373 ($112,323), Hennepin County ($130,586), Corcoran city ($179,864), Greenfield city ($173,749), and Loretto city ($143,913).

55357$192,247
Corcoran city$179,864
Greenfield city$173,749
Independence city$266,059
Loretto city$143,913
Medina city$316,620
Hennepin County$130,586

55357 Per-Capita Income

The per-capita income for 55357 is $66,656. The per capita income ($66,656) for 55357 is less than the per capita income for 55340 ($78,857), 55359 ($76,809), Corcoran city ($67,228), Independence city ($86,887), and Medina city ($108,945). But it's more than 55313 ($41,816), 55341 ($52,345), 55373 ($44,311), 55374 ($53,384), Hennepin County ($55,199), Greenfield city ($60,163), and Loretto city ($56,360).

55357$66,656
Corcoran city$67,228
Greenfield city$60,163
Independence city$86,887
Loretto city$56,360
Medina city$108,945
Hennepin County$55,199

55357 High Income Households

32.6% of households make over $200,000 a year. The percent high income households (32.6%) for 55357 is more than 55374 (25.3%), 55313 (10.0%), 55340 (39.0%), 55341 (25.9%), 55359 (32.6%), 55373 (16.9%), Hennepin County (17.2%), Corcoran city (29.2%), Greenfield city (28.7%), Independence city (48.1%), Loretto city (23.2%), and Medina city (50.7%).

5535732.6%
Corcoran city29.2%
Greenfield city28.7%
Independence city48.1%
Loretto city23.2%
Medina city50.7%
Hennepin County17.2%

55357 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55357$-1$179,375$148,333$90,167
Corcoran city$-1$170,833$162,037$103,375
Greenfield city$-1$165,446$153,295$101,875
Independence city$-1$250,001$250,001$83,750
Loretto city$-1$108,125$158,125$44,500
Medina city$-1$250,001$237,820$100,250
Hennepin County$46,678$102,800$114,722$64,906

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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 55357 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+
55357+/-$3,987+/-$24,323+/-$7,905+/-5.9%+/-$-1+/-$77,925+/-$34,957+/-$27,191
Corcoran city+/-$32,914+/-$25,784+/-$8,078+/-6.7%+/-$-1+/-$21,683+/-$37,164+/-$41,692
Greenfield city+/-$17,524+/-$15,493+/-$6,063+/-6.3%+/-$-1+/-$40,099+/-$25,028+/-$49,794
Independence city+/-$39,454+/-$53,874+/-$18,847+/-8.6%+/-$-1+/-$-1+/-$-1+/-$31,971
Loretto city+/-$33,493+/-$42,590+/-$14,478+/-10.0%+/-$-1+/-$56,013+/-$86,964+/-$12,583
Medina city+/-$45,584+/-$62,030+/-$19,256+/-8.7%+/-$-1+/-$-1+/-$63,678+/-$56,777
Hennepin County+/-$1,005+/-$1,140+/-$536+/-0.3%+/-$2,682+/-$1,642+/-$1,813+/-$1,337