55331 Map

55331 Income Statistics

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55331 Compared to Surrounding Areas

Median Household Income

The median household income ($156,308) for 55331 is less than the median household income for Deephaven city ($164,149), Greenwood city ($197,000), Minnetrista city ($162,474), Orono city ($173,209), Shorewood city ($163,525), and Victoria city ($179,515). But it's more than Carver County ($116,308), Hennepin County ($92,595), Chanhassen city ($131,633), Excelsior city ($92,148), and Tonka Bay city ($141,875).

55331$156,308
Victoria city$179,515
Shorewood city$163,525
Tonka Bay city$141,875
Chanhassen city$131,633
Deephaven city$164,149
Excelsior city$92,148
Greenwood city$197,000
Minnetrista city$162,474
Orono city$173,209
Hennepin County$92,595
Carver County$116,308

Average Household Income

The average household income ($237,717) for 55331 is less than the average household income for Deephaven city ($333,727), Greenwood city ($363,791), Orono city ($325,789), and Tonka Bay city ($268,623). But it's more than Carver County ($146,881), Hennepin County ($130,586), Chanhassen city ($179,719), Excelsior city ($153,254), Minnetrista city ($208,427), Shorewood city ($227,022), and Victoria city ($203,507).

55331$237,717
Victoria city$203,507
Shorewood city$227,022
Tonka Bay city$268,623
Chanhassen city$179,719
Deephaven city$333,727
Excelsior city$153,254
Greenwood city$363,791
Minnetrista city$208,427
Orono city$325,789
Hennepin County$130,586
Carver County$146,881

Per-Capita Income

The per-capita income for 55331 is $91,390. The per capita income ($91,390) for 55331 is less than the per capita income for Deephaven city ($134,031), Greenwood city ($143,541), Orono city ($135,383), and Tonka Bay city ($115,982). But it's more than Carver County ($55,216), Hennepin County ($55,199), Chanhassen city ($67,775), Excelsior city ($73,823), Minnetrista city ($69,671), Shorewood city ($83,841), and Victoria city ($71,237).

55331$91,390
Victoria city$71,237
Shorewood city$83,841
Tonka Bay city$115,982
Chanhassen city$67,775
Deephaven city$134,031
Excelsior city$73,823
Greenwood city$143,541
Minnetrista city$69,671
Orono city$135,383
Hennepin County$55,199
Carver County$55,216

High Income Households

41.0% of households make over $200,000 a year. The percent high income households (41.0%) for 55331 is more than Carver County (22.7%), Hennepin County (17.2%), Chanhassen city (33.8%), Deephaven city (41.2%), Excelsior city (24.3%), Greenwood city (49.6%), Minnetrista city (37.2%), Orono city (43.6%), Shorewood city (42.3%), Tonka Bay city (37.0%), and Victoria city (43.2%).

5533141.0%
Victoria city43.2%
Shorewood city42.3%
Tonka Bay city37.0%
Chanhassen city33.8%
Deephaven city41.2%
Excelsior city24.3%
Greenwood city49.6%
Minnetrista city37.2%
Orono city43.6%
Hennepin County17.2%
Carver County22.7%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55331$13,924$175,724$188,311$105,263
Victoria city$-1$213,608$184,418$109,044
Shorewood city$-1$224,637$194,063$91,625
Tonka Bay city$-1$155,625$168,750$108,611
Chanhassen city$82,056$152,292$172,213$68,403
Deephaven city$-1$163,238$208,854$126,558
Excelsior city$13,785$78,640$111,693$130,368
Greenwood city$-1$191,875$250,001$126,250
Minnetrista city$-1$187,734$182,500$88,214
Orono city$-1$187,344$217,898$94,148
Hennepin County$46,678$102,800$114,722$64,906
Carver County$57,308$134,894$142,733$62,512

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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. 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+
55331+/-$16,134+/-$21,009+/-$8,511+/-4.3%+/-$832+/-$31,314+/-$27,988+/-$15,083
Victoria city+/-$13,945+/-$13,724+/-$4,941+/-5.6%+/-$-1+/-$17,726+/-$16,644+/-$12,408
Shorewood city+/-$22,829+/-$30,313+/-$12,417+/-6.4%+/-$-1+/-$40,302+/-$62,535+/-$18,856
Tonka Bay city+/-$27,191+/-$57,982+/-$25,279+/-6.5%+/-$-1+/-$106,898+/-$44,731+/-$12,014
Chanhassen city+/-$9,647+/-$10,423+/-$3,622+/-3.2%+/-$29,971+/-$29,946+/-$17,430+/-$11,860
Deephaven city+/-$20,487+/-$74,622+/-$32,158+/-8.5%+/-$-1+/-$31,107+/-$91,425+/-$12,367
Excelsior city+/-$36,231+/-$36,261+/-$17,424+/-9.8%+/-$645+/-$12,518+/-$87,500+/-$61,442
Greenwood city+/-$72,723+/-$141,179+/-$50,035+/-12.4%+/-$-1+/-$155,591+/-$-1+/-$65,933
Minnetrista city+/-$20,379+/-$27,837+/-$8,643+/-7.1%+/-$-1+/-$43,758+/-$38,054+/-$22,341
Orono city+/-$20,823+/-$67,977+/-$37,508+/-6.3%+/-$-1+/-$48,181+/-$43,601+/-$20,891
Hennepin County+/-$1,005+/-$1,140+/-$536+/-0.3%+/-$2,682+/-$1,642+/-$1,813+/-$1,337
Carver County+/-$3,386+/-$3,447+/-$1,220+/-1.3%+/-$13,517+/-$8,792+/-$7,617+/-$4,143