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55604 Income Statistics

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Comparison to Surrounding Areas

55604 Median Household Income

The median household income ($76,375) for 55604 is more than 55606 ($65,625), 55612 ($72,083), 55615 ($62,778), 55731 ($61,394), Cook County ($71,937), and Grand Marais city ($68,640).

55604$76,375
Grand Marais city$68,640
Cook County$71,937

55604 Average Household Income

The average household income ($91,619) for 55604 is less than the average household income for 55606 ($96,050), 55615 ($95,199), and Cook County ($93,044). But it's more than 55612 ($89,840), 55731 ($73,434), and Grand Marais city ($76,360).

55604$91,619
Grand Marais city$76,360
Cook County$93,044

55604 Per-Capita Income

The per-capita income for 55604 is $42,384. The per capita income ($42,384) for 55604 is less than the per capita income for 55606 ($67,628), 55612 ($50,698), and Cook County ($44,316). But it's more than 55615 ($39,683), 55731 ($37,714), and Grand Marais city ($36,814).

55604$42,384
Grand Marais city$36,814
Cook County$44,316

55604 High Income Households

8.8% of households make over $200,000 a year. The percent high income households (8.8%) for 55604 is more than 55606 (22.9%), 55612 (10.0%), 55615 (21.6%), 55731 (2.9%), Cook County (10.2%), and Grand Marais city (2.8%).

556048.8%
Grand Marais city2.8%
Cook County10.2%

55604 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55604$-1$78,333$79,875$73,333
Grand Marais city$-1$71,932$70,463$66,354
Cook County$34,792$77,153$72,292$70,800

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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 2022 5-year estimates. You can find this information and other demographics for 55604 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
under 25 25 to 44 45 to 64 65+
55604+/-$7,810+/-$9,536+/-$3,502+/-4.1%+/-$-1+/-$23,350+/-$10,937+/-$9,979
Grand Marais city+/-$5,461+/-$9,430+/-$6,079+/-2.6%+/-$-1+/-$10,239+/-$8,598+/-$13,282
Cook County+/-$4,681+/-$8,187+/-$3,897+/-2.8%+/-$15,068+/-$17,736+/-$9,450+/-$6,333