55356 Income Statistics

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55356 Compared to Surrounding Areas

Median Household Income

The median household income ($138,681) for 55356 is less than the median household income for 55340 ($149,000), Medina ($156,563), and Orono ($169,557). But it's more than 55364 ($99,485), 55391 ($126,284), 55359 ($106,081), Hennepin County ($81,169), and Long Lake ($76,417).

55356$138,681
Long Lake$76,417
Medina$156,563
Orono$169,557
Hennepin County$81,169

Average Household Income

The average household income ($319,667) for 55356 is less than the average household income for Orono ($331,803). But it's more than 55364 ($162,042), 55391 ($237,803), 55340 ($200,183), 55359 ($162,863), Hennepin County ($114,194), Long Lake ($110,102), and Medina ($244,138).

55356$319,667
Long Lake$110,102
Medina$244,138
Orono$331,803
Hennepin County$114,194

Per-Capita Income

The per-capita income for 55356 is $138,206. The per capita income ($138,206) for 55356 is more than 55359 ($56,334), 55364 ($71,022), 55391 ($100,104), 55340 ($68,063), Hennepin County ($47,618), Medina ($83,221), Orono ($137,417), and Long Lake ($45,614).

55356$138,206
Long Lake$45,614
Medina$83,221
Orono$137,417
Hennepin County$47,618

High Income Households

% of households make over $200,000 a year. The percent high income households (38.7%) for 55356 is less than the percent high income households for Medina (42.3%) and Orono (45.1%). But it's more than 55364 (22.0%), 55391 (35.3%), 55340 (34.2%), 55359 (29.2%), Hennepin County (13.2%), and Long Lake (16.6%).

5535638.7%
Long Lake16.6%
Medina42.3%
Orono45.1%
Hennepin County13.2%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55356 $-1 $125,703 $201,298 $65,139
Long Lake $-1 $128,929 $81,667 $32,500
Medina $-1 $185,694 $197,386 $71,420
Orono $-1 $153,785 $231,806 $89,531
Hennepin County $42,318 $88,871 $99,600 $55,899

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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+
55356 +/-$22,159 +/-$79,524 +/-$36,077 +/-7.7% +/-$-1 +/-$57,919 +/-$54,930 +/-$35,279
Long Lake +/-$12,212 +/-$12,670 +/-$4,233 +/-4.7% +/-$-1 +/-$17,092 +/-$21,123 +/-$13,912
Medina +/-$46,364 +/-$51,279 +/-$17,615 +/-8.5% +/-$-1 +/-$106,358 +/-$62,969 +/-$20,961
Orono +/-$33,671 +/-$65,162 +/-$30,357 +/-6.9% +/-$-1 +/-$34,381 +/-$31,361 +/-$85,202
Hennepin County +/-$943 +/-$1,159 +/-$474 +/-0.4% +/-$2,404 +/-$1,585 +/-$2,103 +/-$1,136