55364 Income Statistics

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55364 Compared to Surrounding Areas

Median Household Income

The median household income ($99,485) for 55364 is less than the median household income for 55359 ($106,081), 55375 ($117,667), 55356 ($138,681), 55331 ($140,520), 55391 ($126,284), Shorewood ($146,029), Minnetrista ($144,188), and Orono ($169,557). But it's more than 55384 ($48,661), 55388 ($94,481), Hennepin County ($81,169), and Mound ($75,542).

55364$99,485
Minnetrista$144,188
Mound$75,542
Orono$169,557
Shorewood$146,029
Hennepin County$81,169

Average Household Income

The average household income ($162,042) for 55364 is less than the average household income for 55391 ($237,803), 55356 ($319,667), 55331 ($205,792), 55359 ($162,863), Shorewood ($213,032), Minnetrista ($208,665), and Orono ($331,803). But it's more than 55384 ($80,440), 55375 ($123,649), 55388 ($104,526), Hennepin County ($114,194), and Mound ($114,405).

55364$162,042
Minnetrista$208,665
Mound$114,405
Orono$331,803
Shorewood$213,032
Hennepin County$114,194

Per-Capita Income

The per-capita income for 55364 is $71,022. The per capita income ($71,022) for 55364 is less than the per capita income for 55391 ($100,104), 55356 ($138,206), 55331 ($78,338), Orono ($137,417), Shorewood ($77,829), and Minnetrista ($71,024). But it's more than 55384 ($48,612), 55375 ($38,582), 55388 ($37,367), 55359 ($56,334), Hennepin County ($47,618), and Mound ($55,975).

55364$71,022
Minnetrista$71,024
Mound$55,975
Orono$137,417
Shorewood$77,829
Hennepin County$47,618

High Income Households

% of households make over $200,000 a year. The percent high income households (22.0%) for 55364 is less than the percent high income households for 55391 (35.3%), 55356 (38.7%), 55331 (35.2%), 55359 (29.2%), Shorewood (39.3%), Minnetrista (36.4%), and Orono (45.1%). But it's more than 55384 (6.4%), 55375 (16.5%), 55388 (5.8%), Hennepin County (13.2%), and Mound (11.6%).

5536422.0%
Minnetrista36.4%
Mound11.6%
Orono45.1%
Shorewood39.3%
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
55364 $-1 $96,840 $148,152 $50,592
Minnetrista $-1 $184,194 $148,182 $112,083
Mound $-1 $80,516 $116,146 $-1
Orono $-1 $153,785 $231,806 $89,531
Shorewood $-1 $162,240 $197,277 $97,895
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+
55364 +/-$18,766 +/-$23,080 +/-$8,625 +/-4.0% +/-$-1 +/-$12,459 +/-$21,209 +/-$27,098
Minnetrista +/-$40,369 +/-$33,134 +/-$10,667 +/-9.2% +/-$-1 +/-$25,564 +/-$50,359 +/-$28,211
Mound +/-$11,204 +/-$18,444 +/-$7,119 +/-3.8% +/-$-1 +/-$11,600 +/-$30,499 +/-$-1
Orono +/-$33,671 +/-$65,162 +/-$30,357 +/-6.9% +/-$-1 +/-$34,381 +/-$31,361 +/-$85,202
Shorewood +/-$17,705 +/-$31,492 +/-$12,727 +/-7.5% +/-$-1 +/-$71,127 +/-$50,174 +/-$19,790
Hennepin County +/-$943 +/-$1,159 +/-$474 +/-0.4% +/-$2,404 +/-$1,585 +/-$2,103 +/-$1,136