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55923 Income Statistics

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Comparison to Surrounding Areas

55923 Median Household Income

The median household income ($90,083) for 55923 is less than the median household income for 55929 ($102,614), 55972 ($92,401), 55976 ($94,107), and Olmsted County ($90,420). But it's more than 55990 ($83,077), 55949 ($77,426), 55975 ($79,231), 55979 ($73,125), 55934 ($86,144), 55935 ($81,250), Winona County ($66,162), Fillmore County ($73,234), and Chatfield city ($88,772).

55923$90,083
Chatfield city$88,772
Fillmore County$73,234
Olmsted County$90,420
Winona County$66,162

55923 Average Household Income

The average household income ($109,650) for 55923 is less than the average household income for 55935 ($113,040), 55972 ($119,322), and Olmsted County ($122,239). But it's more than 55990 ($94,559), 55975 ($90,639), 55976 ($106,321), 55979 ($82,533), 55929 ($109,575), 55934 ($108,267), 55949 ($93,801), Winona County ($83,555), Fillmore County ($88,442), and Chatfield city ($105,055).

55923$109,650
Chatfield city$105,055
Fillmore County$88,442
Olmsted County$122,239
Winona County$83,555

55923 Per-Capita Income

The per-capita income for 55923 is $42,667. The per capita income ($42,667) for 55923 is less than the per capita income for 55935 ($49,545), 55972 ($45,613), and Olmsted County ($49,799). But it's more than 55990 ($37,245), 55975 ($36,221), 55976 ($41,314), 55979 ($29,492), 55929 ($37,604), 55934 ($42,171), 55949 ($36,982), Winona County ($34,889), Fillmore County ($35,645), and Chatfield city ($40,695).

55923$42,667
Chatfield city$40,695
Fillmore County$35,645
Olmsted County$49,799
Winona County$34,889

55923 High Income Households

10.2% of households make over $200,000 a year. The percent high income households (10.2%) for 55923 is more than 55990 (6.1%), 55972 (11.8%), 55975 (6.0%), 55976 (8.1%), 55979 (4.7%), 55929 (6.2%), 55934 (7.4%), 55935 (9.7%), 55949 (6.3%), Olmsted County (13.9%), Winona County (5.1%), Fillmore County (5.1%), and Chatfield city (8.5%).

5592310.2%
Chatfield city8.5%
Fillmore County5.1%
Olmsted County13.9%
Winona County5.1%

55923 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55923$42,000$113,333$111,875$59,412
Chatfield city$42,188$108,750$92,212$57,841
Fillmore County$62,763$91,439$84,365$49,640
Olmsted County$53,890$99,909$117,516$60,684
Winona County$27,270$77,738$87,050$51,777

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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 55923 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+
55923+/-$4,187+/-$6,946+/-$2,841+/-2.3%+/-$7,851+/-$15,581+/-$13,410+/-$11,221
Chatfield city+/-$2,817+/-$10,380+/-$3,791+/-3.2%+/-$8,408+/-$10,460+/-$47,192+/-$18,132
Fillmore County+/-$3,056+/-$2,420+/-$1,046+/-0.7%+/-$20,988+/-$2,946+/-$3,315+/-$2,546
Olmsted County+/-$3,217+/-$2,670+/-$1,055+/-0.9%+/-$3,320+/-$5,589+/-$4,454+/-$4,727
Winona County+/-$4,142+/-$4,207+/-$1,636+/-1.1%+/-$2,557+/-$7,492+/-$7,020+/-$4,197