Comparison to Surrounding Areas
The median household income ($81,957) for 55397 is less than the median household income for 55322 ($124,861), 55354 ($97,941), 55360 ($122,117), 55367 ($94,107), 55370 ($103,750), and Carver County ($125,946). But it's more than 55368 ($71,250), McLeod County ($80,084), and Norwood Young America city ($71,364).
| 55397 | $81,957 |
| Norwood Young America city | $71,364 |
| Carver County | $125,946 |
| McLeod County | $80,084 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($103,728) for 55397 is less than the average household income for 55322 ($134,753), 55354 ($113,709), 55360 ($139,058), 55367 ($116,042), 55370 ($107,897), and Carver County ($159,987). But it's more than 55368 ($86,461), McLeod County ($99,958), and Norwood Young America city ($89,497).
| 55397 | $103,728 |
| Norwood Young America city | $89,497 |
| Carver County | $159,987 |
| McLeod County | $99,958 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 55397 is $39,081. The per capita income ($39,081) for 55397 is less than the per capita income for 55322 ($54,563), 55354 ($41,856), 55360 ($48,938), 55367 ($43,052), Carver County ($60,893), and McLeod County ($42,495). But it's more than 55368 ($36,562), 55370 ($37,901), and Norwood Young America city ($34,019).
| 55397 | $39,081 |
| Norwood Young America city | $34,019 |
| Carver County | $60,893 |
| McLeod County | $42,495 |
Get Per-Capita Income for all Zip Codes in Minnesota.
7.9% of households make over $200,000 a year. The percent high income households (7.9%) for 55397 is less than the percent high income households for 55354 (9.6%), 55367 (14.1%), 55370 (8.7%), 55322 (21.9%), 55360 (15.2%), McLeod County (8.3%), and Carver County (26.0%). But it's more than 55368 (5.0%) and Norwood Young America city (4.3%).
| 55397 | 7.9% |
| Norwood Young America city | 4.3% |
| Carver County | 26.0% |
| McLeod County | 8.3% |
Get High Income Households for all Zip Codes in Minnesota.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 55397 | $-1 | $106,375 | $97,955 | $63,558 |
| Norwood Young America city | $-1 | $106,917 | $80,682 | $32,065 |
| Carver County | $76,786 | $148,997 | $159,125 | $69,192 |
| McLeod County | $46,809 | $92,995 | $104,741 | $53,690 |
Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 55397 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the 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+ | |||||
| 55397 | +/-$30,582 | +/-$11,346 | +/-$4,388 | +/-3.6% | +/-$-1 | +/-$46,436 | +/-$49,828 | +/-$5,418 |
| Norwood Young America city | +/-$11,249 | +/-$8,822 | +/-$3,462 | +/-2.6% | +/-$-1 | +/-$46,068 | +/-$31,245 | +/-$13,823 |
| Carver County | +/-$3,700 | +/-$4,402 | +/-$1,598 | +/-1.5% | +/-$14,000 | +/-$7,469 | +/-$11,766 | +/-$4,049 |
| McLeod County | +/-$3,795 | +/-$5,434 | +/-$2,372 | +/-1.2% | +/-$7,095 | +/-$8,523 | +/-$6,752 | +/-$4,148 |