55920 Map

55920 Income Statistics

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Comparison to Surrounding Areas

55920 Median Household Income

The median household income ($126,102) for 55920 is less than the median household income for 55955 ($129,079). But it's more than 55976 ($79,044), 55960 ($122,120), 55963 ($109,464), 55901 ($90,430), 55902 ($111,879), 55940 ($83,906), 55944 ($90,673), Olmsted County ($93,494), and Byron city ($121,681).

55920$126,102
Byron city$121,681
Olmsted County$93,494

55920 Average Household Income

The average household income ($148,704) for 55920 is less than the average household income for 55902 ($188,448) and 55960 ($165,433). But it's more than 55976 ($106,256), 55955 ($141,627), 55963 ($127,169), 55901 ($114,145), 55940 ($98,325), 55944 ($115,554), Olmsted County ($128,162), and Byron city ($146,614).

55920$148,704
Byron city$146,614
Olmsted County$128,162

55920 Per-Capita Income

The per-capita income for 55920 is $52,935. The per capita income ($52,935) for 55920 is less than the per capita income for 55902 ($82,374) and 55960 ($59,911). But it's more than 55976 ($41,674), 55955 ($52,484), 55963 ($48,306), 55901 ($45,743), 55940 ($39,922), 55944 ($42,789), Olmsted County ($52,059), and Byron city ($51,949).

55920$52,935
Byron city$51,949
Olmsted County$52,059

55920 High Income Households

21.1% of households make over $200,000 a year. The percent high income households (21.1%) for 55920 is less than the percent high income households for 55902 (29.8%), 55955 (22.4%), and 55960 (23.9%). But it's more than 55940 (7.3%), 55963 (13.8%), 55976 (8.9%), 55901 (11.1%), 55944 (7.7%), Olmsted County (15.5%), and Byron city (20.0%).

5592021.1%
Byron city20.0%
Olmsted County15.5%

55920 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55920$46,774$139,485$160,917$57,647
Byron city$47,218$134,868$160,438$48,224
Olmsted County$53,985$105,936$121,425$64,164

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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 55920 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+
55920+/-$13,677+/-$17,065+/-$5,791+/-5.0%+/-$18,867+/-$15,789+/-$16,810+/-$18,662
Byron city+/-$18,084+/-$22,861+/-$7,664+/-6.3%+/-$24,009+/-$19,991+/-$28,705+/-$13,769
Olmsted County+/-$3,355+/-$3,338+/-$1,317+/-1.0%+/-$10,264+/-$4,894+/-$5,316+/-$3,388