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55343 Income Statistics

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55343 Compared to Surrounding Areas

Median Household Income

The median household income ($71,659) for 55343 is less than the median household income for 55439 ($153,843), 55345 ($120,204), 55416 ($93,875), 55426 ($84,911), 55436 ($122,500), 55305 ($95,701), 55344 ($80,939), Hennepin County ($85,438), Eden Prairie city ($120,170), Edina city ($115,047), and Minnetonka city ($106,023). But it's more than Hopkins city ($60,824).

55343$71,659
Eden Prairie city$120,170
Edina city$115,047
Hopkins city$60,824
Minnetonka city$106,023
Hennepin County$85,438

Average Household Income

The average household income ($94,320) for 55343 is less than the average household income for 55439 ($220,105), 55345 ($148,889), 55416 ($129,390), 55426 ($105,784), 55436 ($189,796), 55305 ($132,244), 55344 ($109,273), Hennepin County ($120,250), Eden Prairie city ($156,933), Edina city ($179,991), and Minnetonka city ($144,279). But it's more than Hopkins city ($81,585).

55343$94,320
Eden Prairie city$156,933
Edina city$179,991
Hopkins city$81,585
Minnetonka city$144,279
Hennepin County$120,250

Per-Capita Income

The per-capita income for 55343 is $46,702. The per capita income ($46,702) for 55343 is less than the per capita income for 55439 ($82,931), 55345 ($61,442), 55416 ($66,373), 55426 ($50,748), 55436 ($81,152), 55305 ($62,173), 55344 ($49,158), Hennepin County ($50,478), Eden Prairie city ($61,740), Edina city ($77,887), and Minnetonka city ($64,063). But it's more than Hopkins city ($40,770).

55343$46,702
Eden Prairie city$61,740
Edina city$77,887
Hopkins city$40,770
Minnetonka city$64,063
Hennepin County$50,478

High Income Households

7.9% of households make over $200,000 a year. The percent high income households (7.9%) for 55343 is less than the percent high income households for 55439 (39.1%), 55345 (25.7%), 55416 (17.8%), 55426 (9.8%), 55436 (32.2%), 55305 (14.3%), 55344 (8.6%), Hennepin County (14.5%), Eden Prairie city (24.2%), Edina city (28.9%), and Minnetonka city (20.1%). But it's more than Hopkins city (6.1%).

553437.9%
Eden Prairie city24.2%
Edina city28.9%
Hopkins city6.1%
Minnetonka city20.1%
Hennepin County14.5%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55343$52,212$75,621$76,623$56,093
Eden Prairie city$62,917$122,797$135,093$83,501
Edina city$54,833$140,435$177,383$62,202
Hopkins city$50,962$73,220$61,582$45,904
Minnetonka city$50,000$127,339$128,228$73,815
Hennepin County$44,534$94,126$104,748$59,561

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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 2021 5-year estimates. These values are in 2021 inflation-adjusted dollars and were downloaded on 8 Dec 2022.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2021 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2021 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+
55343+/-$4,572+/-$5,608+/-$2,620+/-1.5%+/-$19,604+/-$4,921+/-$4,841+/-$5,116
Eden Prairie city+/-$4,486+/-$6,135+/-$2,453+/-1.7%+/-$36,453+/-$7,675+/-$9,040+/-$4,679
Edina city+/-$5,415+/-$7,724+/-$3,287+/-1.7%+/-$13,669+/-$12,180+/-$15,921+/-$3,496
Hopkins city+/-$9,329+/-$6,084+/-$2,974+/-1.7%+/-$41,106+/-$6,498+/-$15,146+/-$11,289
Minnetonka city+/-$4,365+/-$6,653+/-$2,989+/-1.7%+/-$22,930+/-$12,630+/-$9,212+/-$6,555
Hennepin County+/-$966+/-$1,225+/-$536+/-0.4%+/-$2,701+/-$1,528+/-$2,244+/-$1,133