55391 Income Statistics

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55391 Compared to Surrounding Areas

Median Household Income

The median household income ($126,284) for 55391 is less than the median household income for 55340 ($149,000), 55446 ($140,656), 55356 ($138,681), 55331 ($140,520), Orono ($169,557), Deephaven ($132,813), Minnetonka Beach ($250,001), Medina ($156,563), Woodland ($189,375), and Tonka Bay ($135,167). But it's more than 55364 ($99,485), 55305 ($87,461), 55345 ($112,907), 55384 ($48,661), 55447 ($111,808), Hennepin County ($81,169), Spring Park ($48,661), Wayzata ($88,431), Minnetonka ($100,363), Mound ($75,542), and Long Lake ($76,417).

55391$126,284
Tonka Bay$135,167
Medina$156,563
Minnetonka$100,363
Wayzata$88,431
Minnetonka Beach$250,001
Orono$169,557
Spring Park$48,661
Woodland$189,375
Deephaven$132,813
Long Lake$76,417
Mound$75,542
Hennepin County$81,169

Average Household Income

The average household income ($237,803) for 55391 is less than the average household income for 55356 ($319,667), Medina ($244,138), Woodland ($311,983), Orono ($331,803), and Minnetonka Beach ($327,946). But it's more than 55331 ($205,792), 55364 ($162,042), 55340 ($200,183), 55447 ($143,874), 55384 ($80,440), 55446 ($167,586), 55345 ($142,556), 55305 ($130,559), Hennepin County ($114,194), Spring Park ($80,440), Tonka Bay ($227,655), Long Lake ($110,102), Deephaven ($232,771), Minnetonka ($141,366), Wayzata ($207,083), and Mound ($114,405).

55391$237,803
Tonka Bay$227,655
Medina$244,138
Minnetonka$141,366
Wayzata$207,083
Minnetonka Beach$327,946
Orono$331,803
Spring Park$80,440
Woodland$311,983
Deephaven$232,771
Long Lake$110,102
Mound$114,405
Hennepin County$114,194

Per-Capita Income

The per-capita income for 55391 is $100,104. The per capita income ($100,104) for 55391 is less than the per capita income for 55356 ($138,206), Woodland ($112,082), Orono ($137,417), Minnetonka Beach ($118,651), and Wayzata ($101,425). But it's more than 55331 ($78,338), 55364 ($71,022), 55340 ($68,063), 55447 ($58,641), 55384 ($48,612), 55446 ($61,923), 55345 ($57,965), 55305 ($63,039), Hennepin County ($47,618), Medina ($83,221), Spring Park ($48,612), Tonka Bay ($89,631), Deephaven ($92,201), Mound ($55,975), Minnetonka ($62,612), and Long Lake ($45,614).

55391$100,104
Tonka Bay$89,631
Medina$83,221
Minnetonka$62,612
Wayzata$101,425
Minnetonka Beach$118,651
Orono$137,417
Spring Park$48,612
Woodland$112,082
Deephaven$92,201
Long Lake$45,614
Mound$55,975
Hennepin County$47,618

High Income Households

% of households make over $200,000 a year. The percent high income households (35.3%) for 55391 is less than the percent high income households for 55356 (38.7%), Medina (42.3%), Woodland (47.2%), Tonka Bay (35.4%), Orono (45.1%), and Minnetonka Beach (58.2%). But it's more than 55331 (35.2%), 55364 (22.0%), 55340 (34.2%), 55447 (21.3%), 55384 (6.4%), 55446 (31.3%), 55345 (24.0%), 55305 (14.1%), Hennepin County (13.2%), Long Lake (16.6%), Mound (11.6%), Spring Park (6.4%), Wayzata (24.5%), Deephaven (32.6%), and Minnetonka (19.4%).

5539135.3%
Tonka Bay35.4%
Medina42.3%
Minnetonka19.4%
Wayzata24.5%
Minnetonka Beach58.2%
Orono45.1%
Spring Park6.4%
Woodland47.2%
Deephaven32.6%
Long Lake16.6%
Mound11.6%
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
55391 $52,125 $153,750 $168,889 $89,170
Tonka Bay $-1 $202,917 $142,500 $108,750
Medina $-1 $185,694 $197,386 $71,420
Minnetonka $36,932 $124,345 $123,106 $65,659
Wayzata $85,069 $85,313 $121,765 $74,250
Minnetonka Beach $-1 $228,250 $250,001 $202,500
Orono $-1 $153,785 $231,806 $89,531
Spring Park $-1 $46,979 $60,469 $36,414
Woodland $-1 $250,001 $183,750 $145,625
Deephaven $-1 $175,938 $133,250 $98,576
Long Lake $-1 $128,929 $81,667 $32,500
Mound $-1 $80,516 $116,146 $-1
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+
55391 +/-$13,215 +/-$21,212 +/-$8,667 +/-3.3% +/-$41,502 +/-$23,881 +/-$35,559 +/-$9,492
Tonka Bay +/-$13,390 +/-$43,695 +/-$19,426 +/-6.3% +/-$-1 +/-$64,602 +/-$25,725 +/-$23,309
Medina +/-$46,364 +/-$51,279 +/-$17,615 +/-8.5% +/-$-1 +/-$106,358 +/-$62,969 +/-$20,961
Minnetonka +/-$3,599 +/-$6,467 +/-$3,011 +/-1.8% +/-$18,558 +/-$10,020 +/-$9,420 +/-$8,414
Wayzata +/-$7,806 +/-$39,659 +/-$17,707 +/-5.4% +/-$64,973 +/-$46,187 +/-$86,217 +/-$29,116
Minnetonka Beach +/-$-1 +/-$55,728 +/-$17,844 +/-10.4% +/-$-1 +/-$158,995 +/-$-1 +/-$98,886
Orono +/-$33,671 +/-$65,162 +/-$30,357 +/-6.9% +/-$-1 +/-$34,381 +/-$31,361 +/-$85,202
Spring Park +/-$9,574 +/-$13,896 +/-$7,063 +/-3.1% +/-$-1 +/-$19,731 +/-$22,208 +/-$8,040
Woodland +/-$72,498 +/-$73,772 +/-$31,053 +/-16.3% +/-$-1 +/-$-1 +/-$69,863 +/-$69,498
Deephaven +/-$17,487 +/-$48,019 +/-$20,865 +/-6.6% +/-$-1 +/-$60,507 +/-$28,429 +/-$16,331
Long Lake +/-$12,212 +/-$12,670 +/-$4,233 +/-4.7% +/-$-1 +/-$17,092 +/-$21,123 +/-$13,912
Mound +/-$11,204 +/-$18,444 +/-$7,119 +/-3.8% +/-$-1 +/-$11,600 +/-$30,499 +/-$-1
Hennepin County +/-$943 +/-$1,159 +/-$474 +/-0.4% +/-$2,404 +/-$1,585 +/-$2,103 +/-$1,136