55397 Map

55397 Income Statistics

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Comparison to Surrounding Areas

55397 Median Household Income

The median household income ($77,227) for 55397 is less than the median household income for 55354 ($94,950), 55367 ($89,896), 55370 ($117,344), 55322 ($112,455), 55360 ($118,036), McLeod County ($78,468), and Carver County ($123,144). But it's more than 55368 ($76,719) and Norwood Young America city ($67,857).

55397$77,227
Norwood Young America city$67,857
Carver County$123,144
McLeod County$78,468

55397 Average Household Income

The average household income ($99,086) for 55397 is less than the average household income for 55322 ($130,404), 55354 ($108,163), 55360 ($132,416), 55367 ($114,783), 55370 ($114,577), and Carver County ($154,466). But it's more than 55368 ($96,024), McLeod County ($98,060), and Norwood Young America city ($85,095).

55397$99,086
Norwood Young America city$85,095
Carver County$154,466
McLeod County$98,060

55397 Per-Capita Income

The per-capita income for 55397 is $37,643. The per capita income ($37,643) for 55397 is less than the per capita income for 55370 ($38,514), 55367 ($42,059), 55368 ($40,039), 55322 ($52,674), 55354 ($41,368), 55360 ($45,311), McLeod County ($41,336), and Carver County ($58,254). But it's more than Norwood Young America city ($32,552).

55397$37,643
Norwood Young America city$32,552
Carver County$58,254
McLeod County$41,336

55397 High Income Households

7.5% of households make over $200,000 a year. The percent high income households (7.5%) for 55397 is less than the percent high income households for 55322 (20.2%), 55354 (9.6%), 55360 (12.9%), 55367 (14.4%), Carver County (25.1%), and McLeod County (7.7%). But it's more than 55368 (7.1%), 55370 (6.6%), and Norwood Young America city (4.0%).

553977.5%
Norwood Young America city4.0%
Carver County25.1%
McLeod County7.7%

55397 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55397$-1$91,653$95,288$60,326
Norwood Young America city$-1$92,857$78,854$45,875
Carver County$70,321$143,743$153,862$67,675
McLeod County$55,245$93,509$102,480$52,360

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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 55397 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+
55397+/-$7,747+/-$8,278+/-$3,717+/-4.1%+/-$-1+/-$35,874+/-$41,873+/-$2,888
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
McLeod County+/-$4,144+/-$5,594+/-$2,379+/-1.2%+/-$11,931+/-$6,368+/-$6,821+/-$3,644