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The median household income ($72,421) for 55408 is less than the median household income for 55407 ($78,206), 55409 ($98,056), 55410 ($144,973), 55416 ($105,926), Hennepin County ($96,339), and Minneapolis city ($80,269). But it's more than 55404 ($43,932) and 55405 ($70,425).
| 55408 | $72,421 |
| Minneapolis city | $80,269 |
| Hennepin County | $96,339 |
The average household income ($99,219) for 55408 is less than the average household income for 55407 ($101,109), 55410 ($205,390), 55416 ($145,944), 55405 ($110,663), 55409 ($125,111), Hennepin County ($135,302), and Minneapolis city ($112,607). But it's more than 55404 ($65,521).
| 55408 | $99,219 |
| Minneapolis city | $112,607 |
| Hennepin County | $135,302 |
The per-capita income for 55408 is $52,740. The per capita income ($52,740) for 55408 is less than the per capita income for 55405 ($55,059), 55409 ($56,287), 55410 ($86,094), 55416 ($74,673), and Hennepin County ($57,633). But it's more than 55404 ($30,399), 55407 ($40,939), and Minneapolis city ($50,605).
| 55408 | $52,740 |
| Minneapolis city | $50,605 |
| Hennepin County | $57,633 |
10.3% of households make over $200,000 a year. The percent high income households (10.3%) for 55408 is less than the percent high income households for 55405 (13.7%), 55409 (15.5%), 55410 (34.8%), 55416 (22.0%), Hennepin County (18.5%), and Minneapolis city (13.8%). But it's more than 55404 (5.7%) and 55407 (9.2%).
| 55408 | 10.3% |
| Minneapolis city | 13.8% |
| Hennepin County | 18.5% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 55408 | $60,625 | $75,879 | $88,561 | $50,652 |
| Minneapolis city | $43,333 | $91,467 | $93,401 | $57,144 |
| Hennepin County | $50,750 | $106,132 | $120,758 | $67,362 |
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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 2023 5-year estimates. You can find this information and other demographics for 55408 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.
| 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 | +/-$4,628 | +/-$4,466 | +/-$2,532 | +/-1.6% | +/-$10,151 | +/-$3,911 | +/-$15,398 | +/-$10,365 |
| Minneapolis city | +/-$1,569 | +/-$2,269 | +/-$1,007 | +/-0.6% | +/-$3,086 | +/-$1,889 | +/-$5,461 | +/-$3,062 |
| Hennepin County | +/-$1,033 | +/-$1,202 | +/-$564 | +/-0.4% | +/-$3,219 | +/-$2,031 | +/-$3,168 | +/-$1,681 |
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