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55306 Income Statistics

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55306 Compared to Surrounding Areas

Median Household Income

The median household income ($74,505) for 55306 is less than 55124 ($90,183), 55044 ($114,137), 55337 ($76,596), 55378 ($120,713), Dakota County ($88,468), and Burnsville ($76,017).

55306$74,505
Burnsville$76,017
Dakota County$88,468

Average Household Income

The average household income ($92,733) for 55306 is less than the average household income for 55124 ($111,781), 55044 ($136,920), 55378 ($138,897), and Dakota County ($109,098). But it's more than 55337 ($91,662) and Burnsville ($91,942).

55306$92,733
Burnsville$91,942
Dakota County$109,098

Per-Capita Income

The per-capita income for 55306 is $36,109. The per capita income ($36,109) for 55306 is less than 55124 ($43,491), 55044 ($48,512), 55337 ($36,755), 55378 ($47,154), Dakota County ($42,588), and Burnsville ($36,575).

55306$36,109
Burnsville$36,575
Dakota County$42,588

High Income Households

% of households make over $200,000 a year. The percent high income households (6.6%) for 55306 is less than the percent high income households for 55124 (10.4%), 55044 (18.7%), 55378 (20.5%), and Dakota County (10.8%). But it's more than 55337 (6.2%) and Burnsville (6.3%).

553066.6%
Burnsville6.3%
Dakota County10.8%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55306 $67,188 $76,203 $92,060 $59,333
Burnsville $56,103 $81,962 $94,079 $58,078
Dakota County $55,791 $94,438 $110,183 $55,856

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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 2020 5-year estimates. These values are in 2020 inflation-adjusted dollars and were downloaded on 17 March 2022.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2020 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+
55306 +/-$4,683 +/-$5,719 +/-$2,444 +/-2.0% +/-$27,076 +/-$6,932 +/-$7,505 +/-$6,533
Burnsville +/-$3,260 +/-$2,965 +/-$1,290 +/-1.0% +/-$6,611 +/-$7,127 +/-$5,304 +/-$3,364
Dakota County +/-$1,334 +/-$1,342 +/-$504 +/-0.5% +/-$4,670 +/-$2,589 +/-$2,510 +/-$2,077