55362 Income Statistics

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Comparison to Surrounding Areas

55362 Median Household Income

The median household income ($90,873) for 55362 is less than the median household income for 55376 ($123,660), 55320 ($98,491), 55330 ($108,077), 55301 ($118,639), 55308 ($101,829), 55309 ($109,588), 55319 ($111,810), Wright County ($102,980), and Otsego city ($122,420). But it's more than 55313 ($88,893), 55358 ($90,455), Becker city ($87,432), and Monticello city ($80,290).

55362	$90,873
Becker city	$87,432
Monticello city	$80,290
Otsego city	$122,420
Wright County	$102,980

55362 Average Household Income

The average household income ($104,786) for 55362 is less than the average household income for 55376 ($140,280), 55330 ($121,599), 55358 ($117,812), 55301 ($126,478), 55308 ($110,636), 55309 ($128,112), 55313 ($112,700), 55319 ($129,280), 55320 ($128,261), Wright County ($117,983), and Otsego city ($136,360). But it's more than Becker city ($96,175) and Monticello city ($87,474).

55362	$104,786
Becker city	$96,175
Monticello city	$87,474
Otsego city	$136,360
Wright County	$117,983

55362 Per-Capita Income

The per-capita income for 55362 is $39,317. The per capita income ($39,317) for 55362 is less than the per capita income for 55376 ($48,325), 55330 ($44,645), 55358 ($44,603), 55301 ($43,913), 55309 ($44,794), 55313 ($41,816), 55319 ($44,861), 55320 ($46,867), Wright County ($43,067), and Otsego city ($45,856). But it's more than 55308 ($38,253), Becker city ($35,900), and Monticello city ($33,503).

55362	$39,317
Becker city	$35,900
Monticello city	$33,503
Otsego city	$45,856
Wright County	$43,067

55362 High Income Households

7.4% of households make over $200,000 a year. The percent high income households (7.4%) for 55362 is more than 55376 (14.8%), 55319 (15.2%), 55320 (11.2%), 55330 (11.6%), 55358 (12.1%), 55301 (12.4%), 55308 (9.3%), 55309 (12.9%), 55313 (10.0%), Wright County (11.4%), Becker city (7.0%), Monticello city (3.1%), and Otsego city (15.3%).

55362	7.4%
Becker city	7.0%
Monticello city	3.1%
Otsego city	15.3%
Wright County	11.4%

55362 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
55362	$56,797	$106,271	$108,188	$44,238
Becker city	$-1	$112,891	$105,875	$33,649
Monticello city	$56,406	$93,577	$92,586	$36,270
Otsego city	$74,556	$135,938	$133,036	$81,257
Wright County	$72,697	$119,046	$115,778	$54,500

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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 55362 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
55362	+/-$7,423	+/-$5,939	+/-$2,296	+/-1.9%	+/-$14,947	+/-$11,466	+/-$15,464	+/-$5,857
Becker city	+/-$17,918	+/-$10,729	+/-$2,927	+/-3.8%	+/-$-1	+/-$25,131	+/-$25,364	+/-$8,965
Monticello city	+/-$7,343	+/-$4,733	+/-$2,405	+/-1.7%	+/-$12,078	+/-$15,552	+/-$25,280	+/-$7,581
Otsego city	+/-$14,711	+/-$8,134	+/-$3,177	+/-4.2%	+/-$64,992	+/-$18,858	+/-$18,551	+/-$18,658
Wright County	+/-$3,863	+/-$3,144	+/-$1,015	+/-1.1%	+/-$15,750	+/-$2,951	+/-$7,412	+/-$2,815