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The median household income ($70,158) for 55408 is less than the median household income for 55407 ($74,518), 55409 ($94,162), 55410 ($146,724), 55416 ($99,383), Hennepin County ($92,595), and Minneapolis city ($76,332). But it's more than 55404 ($40,817) and 55405 ($66,901).
| 55408 | $70,158 |
| Minneapolis city | $76,332 |
| Hennepin County | $92,595 |
The average household income ($97,359) for 55408 is less than the average household income for 55405 ($108,154), 55409 ($124,669), 55410 ($201,229), 55416 ($139,346), Hennepin County ($130,586), and Minneapolis city ($108,980). But it's more than 55404 ($60,946) and 55407 ($95,147).
| 55408 | $97,359 |
| Minneapolis city | $108,980 |
| Hennepin County | $130,586 |
The per-capita income for 55408 is $50,766. The per capita income ($50,766) for 55408 is less than the per capita income for 55405 ($54,616), 55409 ($54,814), 55410 ($82,783), 55416 ($71,422), and Hennepin County ($55,199). But it's more than 55404 ($27,729), 55407 ($38,584), and Minneapolis city ($48,373).
| 55408 | $50,766 |
| Minneapolis city | $48,373 |
| Hennepin County | $55,199 |
10.0% of households make over $200,000 a year. The percent high income households (10.0%) for 55408 is more than 55416 (21.0%), 55409 (15.0%), 55410 (34.2%), 55404 (5.0%), 55405 (12.1%), 55407 (7.6%), Hennepin County (17.2%), and Minneapolis city (12.6%).
| 55408 | 10.0% |
| Minneapolis city | 12.6% |
| Hennepin County | 17.2% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 55408 | $64,245 | $73,702 | $87,805 | $45,609 |
| Minneapolis city | $41,369 | $86,499 | $86,818 | $54,736 |
| 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 55408 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.
| 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+ | |||||
| 55408 | +/-$4,480 | +/-$4,672 | +/-$2,272 | +/-1.5% | +/-$9,897 | +/-$3,350 | +/-$14,809 | +/-$12,483 |
| Minneapolis city | +/-$1,389 | +/-$2,030 | +/-$897 | +/-0.5% | +/-$3,326 | +/-$2,080 | +/-$4,415 | +/-$2,553 |
| Hennepin County | +/-$1,005 | +/-$1,140 | +/-$536 | +/-0.3% | +/-$2,682 | +/-$1,642 | +/-$1,813 | +/-$1,337 |
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