55417 Map

55417 Income Statistics

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Comparison to Surrounding Areas

55417 Median Household Income

The median household income ($122,639) for 55417 is less than the median household income for 55419 ($143,254). But it's more than 55450 ($-1), 55407 ($78,206), 55423 ($84,102), 55105 ($108,200), 55111 ($-1), 55116 ($83,156), 55406 ($91,865), Hennepin County ($96,339), and Minneapolis city ($80,269).

55417$122,639
Minneapolis city$80,269
Hennepin County$96,339

55417 Average Household Income

The average household income ($142,945) for 55417 is less than the average household income for 55105 ($166,521) and 55419 ($186,648). But it's more than 55450 ($-1), 55407 ($101,109), 55423 ($106,518), 55111 ($107,899), 55116 ($124,075), 55406 ($114,202), Hennepin County ($135,302), and Minneapolis city ($112,607).

55417$142,945
Minneapolis city$112,607
Hennepin County$135,302

55417 Per-Capita Income

The per-capita income for 55417 is $61,464. The per capita income ($61,464) for 55417 is less than the per capita income for 55105 ($70,565), 55111 ($107,899), and 55419 ($73,455). But it's more than 55406 ($53,272), 55423 ($46,976), 55450 ($-1), 55116 ($59,932), 55407 ($40,939), Hennepin County ($57,633), and Minneapolis city ($50,605).

55417$61,464
Minneapolis city$50,605
Hennepin County$57,633

55417 High Income Households

21.4% of households make over $200,000 a year. The percent high income households (21.4%) for 55417 is less than the percent high income households for 55105 (25.7%) and 55419 (34.3%). But it's more than 55450 (-1.0%), 55407 (9.2%), 55423 (11.0%), 55111 (0.0%), 55116 (17.6%), 55406 (14.3%), Hennepin County (18.5%), and Minneapolis city (13.8%).

5541721.4%
Minneapolis city13.8%
Hennepin County18.5%

55417 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55417$97,222$152,556$127,969$76,656
Minneapolis city$43,333$91,467$93,401$57,144
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 55417 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+
55417+/-$4,451+/-$7,879+/-$3,084+/-3.0%+/-$45,172+/-$12,454+/-$14,312+/-$12,568
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