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The median household income ($99,383) for 55416 is less than the median household income for 55410 ($146,724), 55424 ($225,119), 55436 ($133,630), Edina city ($125,506), and Golden Valley city ($110,026). But it's more than 55427 ($89,608), 55408 ($70,158), 55422 ($88,712), 55426 ($92,245), 55343 ($79,726), 55405 ($66,901), Hennepin County ($92,595), Minneapolis city ($76,332), and St. Louis Park city ($94,263).
| 55416 | $99,383 |
| Edina city | $125,506 |
| Golden Valley city | $110,026 |
| Minneapolis city | $76,332 |
| St. Louis Park city | $94,263 |
| Hennepin County | $92,595 |
The average household income ($139,346) for 55416 is less than the average household income for 55410 ($201,229), 55424 ($323,867), 55436 ($203,280), Edina city ($194,947), and Golden Valley city ($141,436). But it's more than 55427 ($105,809), 55408 ($97,359), 55422 ($123,234), 55426 ($115,557), 55343 ($103,917), 55405 ($108,154), Hennepin County ($130,586), Minneapolis city ($108,980), and St. Louis Park city ($122,725).
| 55416 | $139,346 |
| Edina city | $194,947 |
| Golden Valley city | $141,436 |
| Minneapolis city | $108,980 |
| St. Louis Park city | $122,725 |
| Hennepin County | $130,586 |
The per-capita income for 55416 is $71,422. The per capita income ($71,422) for 55416 is less than the per capita income for 55410 ($82,783), 55424 ($113,672), 55436 ($85,593), and Edina city ($84,049). But it's more than 55427 ($44,991), 55405 ($54,616), 55408 ($50,766), 55422 ($54,507), 55426 ($54,602), 55343 ($51,781), Hennepin County ($55,199), Golden Valley city ($62,819), Minneapolis city ($48,373), and St. Louis Park city ($60,434).
| 55416 | $71,422 |
| Edina city | $84,049 |
| Golden Valley city | $62,819 |
| Minneapolis city | $48,373 |
| St. Louis Park city | $60,434 |
| Hennepin County | $55,199 |
21.0% of households make over $200,000 a year. The percent high income households (21.0%) for 55416 is more than 55436 (35.6%), 55410 (34.2%), 55422 (14.8%), 55424 (53.6%), 55426 (12.3%), 55427 (11.2%), 55343 (10.0%), 55405 (12.1%), 55408 (10.0%), Hennepin County (17.2%), Edina city (32.1%), Golden Valley city (22.6%), Minneapolis city (12.6%), and St. Louis Park city (15.4%).
| 55416 | 21.0% |
| Edina city | 32.1% |
| Golden Valley city | 22.6% |
| Minneapolis city | 12.6% |
| St. Louis Park city | 15.4% |
| Hennepin County | 17.2% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 55416 | $63,164 | $111,756 | $127,368 | $74,217 |
| Edina city | $55,972 | $147,122 | $192,583 | $73,094 |
| Golden Valley city | $65,985 | $146,641 | $116,185 | $65,443 |
| Minneapolis city | $41,369 | $86,499 | $86,818 | $54,736 |
| St. Louis Park city | $63,306 | $108,704 | $115,239 | $59,674 |
| 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 55416 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+ | |||||
| 55416 | +/-$6,594 | +/-$5,908 | +/-$3,046 | +/-2.0% | +/-$3,120 | +/-$11,131 | +/-$11,406 | +/-$6,578 |
| Edina city | +/-$7,558 | +/-$9,443 | +/-$3,608 | +/-2.1% | +/-$15,586 | +/-$13,601 | +/-$18,803 | +/-$7,162 |
| Golden Valley city | +/-$8,636 | +/-$9,263 | +/-$3,766 | +/-2.8% | +/-$20,642 | +/-$20,725 | +/-$14,881 | +/-$7,120 |
| Minneapolis city | +/-$1,389 | +/-$2,030 | +/-$897 | +/-0.5% | +/-$3,326 | +/-$2,080 | +/-$4,415 | +/-$2,553 |
| St. Louis Park city | +/-$3,376 | +/-$3,896 | +/-$2,299 | +/-1.2% | +/-$6,139 | +/-$6,904 | +/-$10,308 | +/-$6,358 |
| Hennepin County | +/-$1,005 | +/-$1,140 | +/-$536 | +/-0.3% | +/-$2,682 | +/-$1,642 | +/-$1,813 | +/-$1,337 |
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