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55748 Income Statistics

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Comparison to Surrounding Areas

55748 Median Household Income

The median household income ($55,167) for 55748 is less than the median household income for 56672 ($56,310), 55785 ($55,781), 56469 ($59,250), 55721 ($80,455), 55744 ($64,158), 55752 ($72,083), Itasca County ($63,962), and Aitkin County ($56,406). But it's more than Hill City city ($43,125).

55748$55,167
Hill City city$43,125
Aitkin County$56,406
Itasca County$63,962

55748 Average Household Income

The average household income ($66,683) for 55748 is less than the average household income for 55721 ($113,213), 55744 ($82,477), 55752 ($83,160), 56672 ($77,214), Aitkin County ($71,757), and Itasca County ($82,091). But it's more than 55785 ($66,496), 56469 ($64,935), and Hill City city ($50,200).

55748$66,683
Hill City city$50,200
Aitkin County$71,757
Itasca County$82,091

55748 Per-Capita Income

The per-capita income for 55748 is $28,548. The per capita income ($28,548) for 55748 is less than the per capita income for 55744 ($35,540), 56469 ($34,128), 56672 ($35,801), 55721 ($40,859), 55752 ($39,014), Itasca County ($34,528), and Aitkin County ($32,980). But it's more than 55785 ($24,439) and Hill City city ($23,715).

55748$28,548
Hill City city$23,715
Aitkin County$32,980
Itasca County$34,528

55748 High Income Households

1.6% of households make over $200,000 a year. The percent high income households (1.6%) for 55748 is more than 56672 (5.3%), 55752 (1.6%), 55785 (0.0%), 56469 (1.9%), 55721 (13.6%), 55744 (5.2%), Itasca County (5.1%), Aitkin County (3.4%), and Hill City city (0.0%).

557481.6%
Hill City city0.0%
Aitkin County3.4%
Itasca County5.1%

55748 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55748$46,250$78,438$78,750$42,500
Hill City city$46,250$44,375$92,625$28,875
Aitkin County$45,781$76,146$70,000$44,977
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 55748 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+
55748+/-$7,560+/-$5,119+/-$2,290+/-1.1%+/-$28,903+/-$20,606+/-$28,085+/-$11,079
Hill City city+/-$8,222+/-$8,042+/-$3,818+/-8.1%+/-$28,903+/-$30,591+/-$43,436+/-$10,655
Aitkin County+/-$2,136+/-$2,117+/-$1,014+/-0.6%+/-$18,837+/-$6,219+/-$3,302+/-$2,158
Itasca County+/-$2,918+/-$2,868+/-$1,100+/-0.9%+/-$4,627+/-$7,801+/-$6,068+/-$3,066