55427 Income Statistics

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Comparison to Surrounding Areas

55427 Median Household Income

The median household income ($89,608) for 55427 is less than the median household income for 55416 ($99,383), 55426 ($92,245), 55441 ($99,017), 55442 ($118,453), Hennepin County ($92,595), and Golden Valley city ($110,026). But it's more than 55422 ($88,712), 55428 ($62,087), Crystal city ($86,288), and New Hope city ($69,244).

55427	$89,608
Crystal city	$86,288
Golden Valley city	$110,026
New Hope city	$69,244
Hennepin County	$92,595

55427 Average Household Income

The average household income ($105,809) for 55427 is less than the average household income for 55422 ($123,234), 55441 ($144,854), 55442 ($157,679), 55416 ($139,346), 55426 ($115,557), Hennepin County ($130,586), and Golden Valley city ($141,436). But it's more than 55428 ($81,530), Crystal city ($100,092), and New Hope city ($89,899).

55427	$105,809
Crystal city	$100,092
Golden Valley city	$141,436
New Hope city	$89,899
Hennepin County	$130,586

55427 Per-Capita Income

The per-capita income for 55427 is $44,991. The per capita income ($44,991) for 55427 is less than the per capita income for 55422 ($54,507), 55441 ($63,607), 55442 ($67,738), 55416 ($71,422), 55426 ($54,602), Hennepin County ($55,199), and Golden Valley city ($62,819). But it's more than 55428 ($32,845), Crystal city ($41,856), and New Hope city ($38,623).

55427	$44,991
Crystal city	$41,856
Golden Valley city	$62,819
New Hope city	$38,623
Hennepin County	$55,199

55427 High Income Households

11.2% of households make over $200,000 a year. The percent high income households (11.2%) for 55427 is more than 55442 (27.0%), 55422 (14.8%), 55426 (12.3%), 55428 (4.8%), 55441 (22.0%), 55416 (21.0%), Hennepin County (17.2%), Crystal city (7.0%), Golden Valley city (22.6%), and New Hope city (6.8%).

55427	11.2%
Crystal city	7.0%
Golden Valley city	22.6%
New Hope city	6.8%
Hennepin County	17.2%

55427 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
55427	$47,305	$112,366	$104,602	$51,207
Crystal city	$47,134	$103,631	$97,759	$46,206
Golden Valley city	$65,985	$146,641	$116,185	$65,443
New Hope city	$-1	$91,250	$85,737	$33,066
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 55427 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19049 Median Household Income in the Past 12 Months (in 2022 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
55427	+/-$8,766	+/-$5,663	+/-$2,486	+/-2.2%	+/-$21,310	+/-$12,431	+/-$11,945	+/-$9,731
Crystal city	+/-$6,826	+/-$5,524	+/-$2,602	+/-1.7%	+/-$37,120	+/-$9,355	+/-$9,876	+/-$7,359
Golden Valley city	+/-$8,636	+/-$9,263	+/-$3,766	+/-2.8%	+/-$20,642	+/-$20,725	+/-$14,881	+/-$7,120
New Hope city	+/-$6,029	+/-$5,838	+/-$2,347	+/-2.0%	+/-$-1	+/-$24,103	+/-$18,393	+/-$6,448
Hennepin County	+/-$1,005	+/-$1,140	+/-$536	+/-0.3%	+/-$2,682	+/-$1,642	+/-$1,813	+/-$1,337