55387 Map

55387 Income Statistics

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Comparison to Surrounding Areas

55387 Median Household Income

The median household income ($109,279) for 55387 is less than the median household income for 55386 ($191,279), 55360 ($118,036), 55375 ($136,250), 55318 ($111,781), 55322 ($112,455), 55331 ($160,029), Carver County ($123,144), and Minnetrista city ($156,346). But it's more than 55388 ($92,273), Hennepin County ($96,339), and Waconia city ($104,929).

55387$109,279
Minnetrista city$156,346
Waconia city$104,929
Carver County$123,144
Hennepin County$96,339

55387 Average Household Income

The average household income ($131,941) for 55387 is less than the average household income for 55386 ($205,506), 55331 ($250,938), 55360 ($132,416), 55375 ($166,421), 55318 ($142,462), Hennepin County ($135,302), Carver County ($154,466), and Minnetrista city ($198,510). But it's more than 55322 ($130,404), 55388 ($107,645), and Waconia city ($127,363).

55387$131,941
Minnetrista city$198,510
Waconia city$127,363
Carver County$154,466
Hennepin County$135,302

55387 Per-Capita Income

The per-capita income for 55387 is $51,790. The per capita income ($51,790) for 55387 is less than the per capita income for 55386 ($72,217), 55322 ($52,674), 55331 ($97,601), 55375 ($55,512), 55318 ($55,446), Hennepin County ($57,633), Carver County ($58,254), and Minnetrista city ($68,976). But it's more than 55360 ($45,311), 55388 ($41,807), and Waconia city ($50,332).

55387$51,790
Minnetrista city$68,976
Waconia city$50,332
Carver County$58,254
Hennepin County$57,633

55387 High Income Households

19.1% of households make over $200,000 a year. The percent high income households (19.1%) for 55387 is less than the percent high income households for 55322 (20.2%), 55375 (25.3%), 55386 (45.0%), 55318 (20.3%), 55331 (40.9%), Carver County (25.1%), and Minnetrista city (37.7%). But it's more than 55360 (12.9%), 55388 (11.6%), Hennepin County (18.5%), and Waconia city (17.9%).

5538719.1%
Minnetrista city37.7%
Waconia city17.9%
Carver County25.1%
Hennepin County18.5%

55387 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55387$58,699$149,375$130,366$52,500
Minnetrista city$-1$188,000$173,697$92,120
Waconia city$58,647$148,413$123,013$45,256
Carver County$70,321$143,743$153,862$67,675
Hennepin County$50,750$106,132$120,758$67,362

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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 55387 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+
55387+/-$16,243+/-$9,605+/-$3,253+/-3.5%+/-$15,938+/-$21,251+/-$21,334+/-$15,314
Minnetrista city+/-$36,532+/-$22,959+/-$8,304+/-7.6%+/-$-1+/-$59,515+/-$52,092+/-$20,869
Waconia city+/-$18,668+/-$10,634+/-$3,756+/-3.9%+/-$12,511+/-$26,271+/-$27,078+/-$13,735
Carver County+/-$3,157+/-$4,079+/-$1,437+/-1.3%+/-$20,319+/-$6,856+/-$11,948+/-$3,892
Hennepin County+/-$1,033+/-$1,202+/-$564+/-0.4%+/-$3,219+/-$2,031+/-$3,168+/-$1,681