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55374 Income Statistics

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Comparison to Surrounding Areas

55374 Median Household Income

The median household income ($147,833) for 55374 is less than the median household income for 55340 ($169,762), Corcoran city ($155,385), and Rogers city ($154,611). But it's more than 55376 ($123,660), 55330 ($108,077), 55341 ($145,156), 55357 ($140,967), 55369 ($109,543), 55311 ($143,375), 55327 ($145,278), Wright County ($102,980), Hennepin County ($92,595), Dayton city ($138,654), and Otsego city ($122,420).

55374$147,833
Corcoran city$155,385
Dayton city$138,654
Otsego city$122,420
Rogers city$154,611
Hennepin County$92,595
Wright County$102,980

55374 Average Household Income

The average household income ($158,427) for 55374 is less than the average household income for 55311 ($173,103), 55327 ($189,486), 55340 ($229,222), 55357 ($192,247), Dayton city ($183,696), Rogers city ($161,567), and Corcoran city ($179,864). But it's more than 55330 ($121,599), 55341 ($156,739), 55369 ($137,567), 55376 ($140,280), Wright County ($117,983), Hennepin County ($130,586), and Otsego city ($136,360).

55374$158,427
Corcoran city$179,864
Dayton city$183,696
Otsego city$136,360
Rogers city$161,567
Hennepin County$130,586
Wright County$117,983

55374 Per-Capita Income

The per-capita income for 55374 is $53,384. The per capita income ($53,384) for 55374 is less than the per capita income for 55369 ($56,493), 55311 ($63,280), 55327 ($72,750), 55340 ($78,857), 55357 ($66,656), Hennepin County ($55,199), Corcoran city ($67,228), Dayton city ($65,289), and Rogers city ($54,080). But it's more than 55330 ($44,645), 55341 ($52,345), 55376 ($48,325), Wright County ($43,067), and Otsego city ($45,856).

55374$53,384
Corcoran city$67,228
Dayton city$65,289
Otsego city$45,856
Rogers city$54,080
Hennepin County$55,199
Wright County$43,067

55374 High Income Households

25.3% of households make over $200,000 a year. The percent high income households (25.3%) for 55374 is more than 55376 (14.8%), 55327 (30.0%), 55330 (11.6%), 55340 (39.0%), 55341 (25.9%), 55357 (32.6%), 55369 (17.0%), 55311 (31.0%), Wright County (11.4%), Hennepin County (17.2%), Corcoran city (29.2%), Dayton city (31.6%), Otsego city (15.3%), and Rogers city (27.0%).

5537425.3%
Corcoran city29.2%
Dayton city31.6%
Otsego city15.3%
Rogers city27.0%
Hennepin County17.2%
Wright County11.4%

55374 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55374$48,409$183,056$162,333$65,958
Corcoran city$-1$170,833$162,037$103,375
Dayton city$68,382$176,991$158,516$78,958
Otsego city$74,556$135,938$133,036$81,257
Rogers city$-1$187,721$162,957$66,917
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 55374 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+
55374+/-$28,655+/-$14,476+/-$4,246+/-5.4%+/-$37,388+/-$17,809+/-$23,944+/-$5,721
Corcoran city+/-$32,914+/-$25,784+/-$8,078+/-6.7%+/-$-1+/-$21,683+/-$37,164+/-$41,692
Dayton city+/-$28,934+/-$26,320+/-$10,083+/-8.0%+/-$18,890+/-$34,576+/-$41,541+/-$13,996
Otsego city+/-$14,711+/-$8,134+/-$3,177+/-4.2%+/-$64,992+/-$18,858+/-$18,551+/-$18,658
Rogers city+/-$31,829+/-$17,177+/-$5,101+/-6.6%+/-$-1+/-$20,117+/-$29,642+/-$5,135
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