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55708 Income Statistics

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Comparison to Surrounding Areas

55708 Median Household Income

The median household income ($63,977) for 55708 is less than the median household income for St. Louis County ($66,491) and Biwabik city ($64,886). But it's more than 55705 ($53,359), 55732 ($58,000), 55741 ($61,029), and 55792 ($52,220).

55708$63,977
Biwabik city$64,886
St. Louis County$66,491

55708 Average Household Income

The average household income ($74,187) for 55708 is less than the average household income for 55732 ($76,829), 55741 ($78,644), St. Louis County ($86,713), and Biwabik city ($75,784). But it's more than 55705 ($69,509) and 55792 ($64,297).

55708$74,187
Biwabik city$75,784
St. Louis County$86,713

55708 Per-Capita Income

The per-capita income for 55708 is $37,776. The per capita income ($37,776) for 55708 is less than the per capita income for St. Louis County ($37,850) and Biwabik city ($38,551). But it's more than 55705 ($35,547), 55732 ($36,309), 55741 ($35,804), and 55792 ($30,602).

55708$37,776
Biwabik city$38,551
St. Louis County$37,850

55708 High Income Households

5.3% of households make over $200,000 a year. The percent high income households (5.3%) for 55708 is more than 55705 (2.7%), 55732 (3.0%), 55741 (3.0%), 55792 (2.5%), St. Louis County (6.0%), and Biwabik city (5.8%).

557085.3%
Biwabik city5.8%
St. Louis County6.0%

55708 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55708$66,346$81,250$83,083$31,563
Biwabik city$66,346$81,250$83,083$32,188
St. Louis County$32,962$81,189$79,808$51,597

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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 55708 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+
55708+/-$18,375+/-$14,145+/-$6,677+/-5.1%+/-$64,852+/-$35,274+/-$48,104+/-$22,434
Biwabik city+/-$18,102+/-$13,939+/-$6,610+/-5.1%+/-$64,852+/-$35,274+/-$43,210+/-$25,068
St. Louis County+/-$1,525+/-$2,515+/-$1,109+/-0.6%+/-$3,485+/-$2,912+/-$3,964+/-$1,225