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55721 Income Statistics

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Comparison to Surrounding Areas

55721 Median Household Income

The median household income ($80,455) for 55721 is more than 55744 ($64,158), 55748 ($55,167), 56636 ($63,942), 56672 ($56,310), Itasca County ($63,962), and Cohasset city ($76,989).

55721$80,455
Cohasset city$76,989
Itasca County$63,962

55721 Average Household Income

The average household income ($113,213) for 55721 is more than 55744 ($82,477), 55748 ($66,683), 56636 ($76,206), 56672 ($77,214), Itasca County ($82,091), and Cohasset city ($108,181).

55721$113,213
Cohasset city$108,181
Itasca County$82,091

55721 Per-Capita Income

The per-capita income for 55721 is $40,859. The per capita income ($40,859) for 55721 is less than the per capita income for Cohasset city ($43,281). But it's more than 55744 ($35,540), 55748 ($28,548), 56636 ($30,360), 56672 ($35,801), and Itasca County ($34,528).

55721$40,859
Cohasset city$43,281
Itasca County$34,528

55721 High Income Households

13.6% of households make over $200,000 a year. The percent high income households (13.6%) for 55721 is more than 55744 (5.2%), 55748 (1.6%), 56636 (3.6%), 56672 (5.3%), Itasca County (5.1%), and Cohasset city (13.1%).

5572113.6%
Cohasset city13.1%
Itasca County5.1%

55721 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55721$-1$112,885$83,250$53,036
Cohasset city$-1$108,125$110,707$45,069
Itasca County$35,000$82,055$79,175$48,613

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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 55721 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+
55721+/-$8,959+/-$12,828+/-$5,163+/-4.3%+/-$-1+/-$33,942+/-$55,629+/-$9,430
Cohasset city+/-$13,584+/-$16,033+/-$5,888+/-5.1%+/-$-1+/-$27,727+/-$29,919+/-$6,928
Itasca County+/-$2,918+/-$2,868+/-$1,100+/-0.9%+/-$4,627+/-$7,801+/-$6,068+/-$3,066