Comparison to Surrounding Areas
The median household income ($120,715) for 55016 is less than the median household income for 55001 ($133,581), 55068 ($127,798), 55129 ($143,795), and Cottage Grove city ($120,791). But it's more than 55033 ($103,988), 55055 ($71,979), 55071 ($100,798), 55076 ($93,847), and Washington County ($115,345).
| 55016 | $120,715 |
| Cottage Grove city | $120,791 |
| Washington County | $115,345 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($141,247) for 55016 is less than the average household income for 55001 ($160,284), 55068 ($157,006), 55129 ($182,144), and Washington County ($148,415). But it's more than 55033 ($118,889), 55055 ($99,618), 55071 ($102,277), 55076 ($116,325), and Cottage Grove city ($141,179).
| 55016 | $141,247 |
| Cottage Grove city | $141,179 |
| Washington County | $148,415 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 55016 is $49,566. The per capita income ($49,566) for 55016 is less than the per capita income for 55001 ($65,669), 55068 ($57,029), 55076 ($51,885), 55129 ($63,814), and Washington County ($56,954). But it's more than 55033 ($47,501), 55055 ($44,082), 55071 ($44,203), and Cottage Grove city ($49,540).
| 55016 | $49,566 |
| Cottage Grove city | $49,540 |
| Washington County | $56,954 |
Get Per-Capita Income for all Zip Codes in Minnesota.
18% of households make over $200,000 a year. The percent high income households (18.0%) for 55016 is less than the percent high income households for 55001 (25.0%), 55068 (25.3%), 55129 (34.8%), and Washington County (21.8%). But it's more than 55033 (14.6%), 55055 (9.4%), 55071 (4.9%), and 55076 (12.2%). And it's the same as Cottage Grove city (18.0%).
| 55016 | 18.0% |
| Cottage Grove city | 18.0% |
| Washington County | 21.8% |
Get High Income Households for all Zip Codes in Minnesota.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 55016 | $120,901 | $130,705 | $148,719 | $78,923 |
| Cottage Grove city | $120,901 | $131,100 | $148,503 | $79,332 |
| Washington County | $74,638 | $130,445 | $141,006 | $75,658 |
Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 55016 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the 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+ | |||||
| 55016 | +/-$6,346 | +/-$7,144 | +/-$2,636 | +/-2.2% | +/-$90,200 | +/-$7,663 | +/-$8,525 | +/-$4,607 |
| Cottage Grove city | +/-$6,247 | +/-$7,102 | +/-$2,614 | +/-2.2% | +/-$90,200 | +/-$7,595 | +/-$8,743 | +/-$4,550 |
| Washington County | +/-$2,183 | +/-$3,062 | +/-$1,151 | +/-0.8% | +/-$13,761 | +/-$3,944 | +/-$5,555 | +/-$3,125 |