55375 Income Statistics

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Comparison to Surrounding Areas

55375 Median Household Income

The median household income ($115,685) for 55375 is less than the median household income for 55331 ($156,308), 55364 ($119,063), Carver County ($116,308), and Minnetrista city ($162,474). But it's more than 55387 ($104,969), 55388 ($96,198), Hennepin County ($92,595), Crown College CDP ($-1), and St. Bonifacius city ($101,319).

55375	$115,685
Crown College CDP	$-1
Minnetrista city	$162,474
St. Bonifacius city	$101,319
Carver County	$116,308
Hennepin County	$92,595

55375 Average Household Income

The average household income ($142,009) for 55375 is less than the average household income for 55331 ($237,717), 55364 ($160,635), Carver County ($146,881), and Minnetrista city ($208,427). But it's more than 55387 ($129,725), 55388 ($110,667), Hennepin County ($130,586), Crown College CDP ($-1), and St. Bonifacius city ($120,570).

55375	$142,009
Crown College CDP	$-1
Minnetrista city	$208,427
St. Bonifacius city	$120,570
Carver County	$146,881
Hennepin County	$130,586

55375 Per-Capita Income

The per-capita income for 55375 is $46,049. The per capita income ($46,049) for 55375 is less than the per capita income for 55364 ($70,991), 55387 ($49,992), 55331 ($91,390), Hennepin County ($55,199), Carver County ($55,216), St. Bonifacius city ($49,457), and Minnetrista city ($69,671). But it's more than 55388 ($42,328) and Crown College CDP ($8,628).

55375	$46,049
Crown College CDP	$8,628
Minnetrista city	$69,671
St. Bonifacius city	$49,457
Carver County	$55,216
Hennepin County	$55,199

55375 High Income Households

17.9% of households make over $200,000 a year. The percent high income households (17.9%) for 55375 is more than 55364 (25.4%), 55331 (41.0%), 55388 (5.9%), 55387 (18.3%), Carver County (22.7%), Hennepin County (17.2%), St. Bonifacius city (9.4%), Minnetrista city (37.2%), and Crown College CDP (0.0%).

55375	17.9%
Crown College CDP	0.0%
Minnetrista city	37.2%
St. Bonifacius city	9.4%
Carver County	22.7%
Hennepin County	17.2%

55375 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
55375	$-1	$152,821	$116,597	$78,365
Crown College CDP	$-1	$-1	$-1	$-1
Minnetrista city	$-1	$187,734	$182,500	$88,214
St. Bonifacius city	$-1	$144,000	$100,268	$79,712
Carver County	$57,308	$134,894	$142,733	$62,512
Hennepin County	$46,678	$102,800	$114,722	$64,906

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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 55375 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+
55375	+/-$19,720	+/-$12,603	+/-$5,007	+/-5.5%	+/-$-1	+/-$44,250	+/-$28,720	+/-$21,100
Crown College CDP	+/-$-1	+/-$-1	+/-$3,058	+/-67.2%	+/-$-1	+/-$-1	+/-$-1	+/-$-1
Minnetrista city	+/-$20,379	+/-$27,837	+/-$8,643	+/-7.1%	+/-$-1	+/-$43,758	+/-$38,054	+/-$22,341
St. Bonifacius city	+/-$17,384	+/-$12,520	+/-$4,748	+/-4.4%	+/-$-1	+/-$68,110	+/-$15,669	+/-$28,928
Carver County	+/-$3,386	+/-$3,447	+/-$1,220	+/-1.3%	+/-$13,517	+/-$8,792	+/-$7,617	+/-$4,143
Hennepin County	+/-$1,005	+/-$1,140	+/-$536	+/-0.3%	+/-$2,682	+/-$1,642	+/-$1,813	+/-$1,337