55368 Map

55368 Income Statistics

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Comparison to Surrounding Areas

55368 Median Household Income

The median household income ($76,719) for 55368 is less than the median household income for 55339 ($88,929), 55322 ($112,455), 55338 ($85,347), 56011 ($99,628), 55370 ($117,344), 55397 ($77,227), and Carver County ($123,144). But it's more than Norwood Young America city ($67,857).

55368$76,719
Norwood Young America city$67,857
Carver County$123,144

55368 Average Household Income

The average household income ($96,024) for 55368 is less than the average household income for 55339 ($109,567), 55322 ($130,404), 55338 ($100,172), 56011 ($122,199), 55370 ($114,577), 55397 ($99,086), and Carver County ($154,466). But it's more than Norwood Young America city ($85,095).

55368$96,024
Norwood Young America city$85,095
Carver County$154,466

55368 Per-Capita Income

The per-capita income for 55368 is $40,039. The per capita income ($40,039) for 55368 is less than the per capita income for 55322 ($52,674), 55338 ($42,386), 55339 ($45,584), 56011 ($44,668), and Carver County ($58,254). But it's more than 55370 ($38,514), 55397 ($37,643), and Norwood Young America city ($32,552).

55368$40,039
Norwood Young America city$32,552
Carver County$58,254

55368 High Income Households

7.1% of households make over $200,000 a year. The percent high income households (7.1%) for 55368 is less than the percent high income households for 55322 (20.2%), 55339 (10.7%), 55397 (7.5%), 56011 (15.9%), and Carver County (25.1%). But it's more than 55338 (4.8%), 55370 (6.6%), and Norwood Young America city (4.0%).

553687.1%
Norwood Young America city4.0%
Carver County25.1%

55368 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55368$-1$101,563$96,875$45,792
Norwood Young America city$-1$92,857$78,854$45,875
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 55368 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+
55368+/-$19,726+/-$14,850+/-$5,819+/-3.0%+/-$-1+/-$24,007+/-$28,433+/-$18,561
Norwood Young America city+/-$9,237+/-$7,619+/-$2,953+/-3.4%+/-$-1+/-$31,267+/-$24,955+/-$25,314
Carver County+/-$3,157+/-$4,079+/-$1,437+/-1.3%+/-$20,319+/-$6,856+/-$11,948+/-$3,892