55705 Map

55705 Income Statistics

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Comparison to Surrounding Areas

55705 Median Household Income

The median household income ($54,047) for 55705 is less than the median household income for 55732 ($62,604), 55750 ($64,653), 55763 ($71,923), 55708 ($68,859), 55741 ($66,528), St. Louis County ($69,455), and Biwabik city ($69,620). But it's more than Aurora city ($42,406).

55705$54,047
Aurora city$42,406
Biwabik city$69,620
St. Louis County$69,455

55705 Average Household Income

The average household income ($72,599) for 55705 is less than the average household income for 55732 ($79,881), 55750 ($73,671), 55763 ($86,616), 55708 ($79,330), 55741 ($88,938), St. Louis County ($90,610), and Biwabik city ($81,608). But it's more than Aurora city ($57,934).

55705$72,599
Aurora city$57,934
Biwabik city$81,608
St. Louis County$90,610

55705 Per-Capita Income

The per-capita income for 55705 is $37,060. The per capita income ($37,060) for 55705 is less than the per capita income for 55741 ($39,638), 55763 ($44,955), and St. Louis County ($39,778). But it's more than 55708 ($35,949), 55732 ($36,683), 55750 ($29,087), Aurora city ($29,475), and Biwabik city ($36,807).

55705$37,060
Aurora city$29,475
Biwabik city$36,807
St. Louis County$39,778

55705 High Income Households

2.8% of households make over $200,000 a year. The percent high income households (2.8%) for 55705 is less than the percent high income households for 55708 (4.9%), 55741 (5.9%), 55750 (4.5%), St. Louis County (6.6%), and Biwabik city (5.3%). But it's more than 55732 (2.6%), 55763 (0.0%), and Aurora city (2.0%).

557052.8%
Aurora city2.0%
Biwabik city5.3%
St. Louis County6.6%

55705 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55705$-1$90,878$61,538$45,403
Aurora city$-1$59,167$30,250$40,764
Biwabik city$68,558$97,404$62,083$51,932
St. Louis County$35,944$85,256$84,653$53,378

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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 55705 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+
55705+/-$11,208+/-$7,811+/-$3,583+/-1.7%+/-$-1+/-$17,579+/-$27,005+/-$10,956
Aurora city+/-$7,522+/-$7,571+/-$3,467+/-1.7%+/-$-1+/-$21,092+/-$21,648+/-$12,745
Biwabik city+/-$8,046+/-$12,065+/-$7,315+/-5.0%+/-$68,163+/-$70,828+/-$19,371+/-$17,169
St. Louis County+/-$1,665+/-$2,591+/-$1,059+/-0.5%+/-$3,588+/-$2,878+/-$3,914+/-$1,663