Comparison to Surrounding Areas
The median household income ($56,250) for 55601 is less than the median household income for 55614 ($72,981), 55616 ($76,127), and Lake County ($75,541). But it's more than Beaver Bay city ($36,875).
| 55601 | $56,250 |
| Beaver Bay city | $36,875 |
| Lake County | $75,541 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($65,600) for 55601 is less than the average household income for 55614 ($90,584), 55616 ($91,022), and Lake County ($89,384). But it's more than Beaver Bay city ($56,100).
| 55601 | $65,600 |
| Beaver Bay city | $56,100 |
| Lake County | $89,384 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 55601 is $34,602. The per capita income ($34,602) for 55601 is less than the per capita income for 55614 ($45,373), 55616 ($39,638), and Lake County ($41,362). But it's more than Beaver Bay city ($32,196).
| 55601 | $34,602 |
| Beaver Bay city | $32,196 |
| Lake County | $41,362 |
Get Per-Capita Income for all Zip Codes in Minnesota.
3.2% of households make over $200,000 a year. The percent high income households (3.2%) for 55601 is less than 55614 (5.3%), 55616 (4.6%), Lake County (4.8%), and Beaver Bay city (4.2%).
| 55601 | 3.2% |
| Beaver Bay city | 4.2% |
| Lake County | 4.8% |
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 | |
|---|---|---|---|---|
| 55601 | $-1 | $2,499 | $76,500 | $66,250 |
| Beaver Bay city | $-1 | $2,499 | $103,125 | $36,429 |
| Lake County | $105,270 | $88,906 | $88,194 | $60,758 |
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 55601 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+ | |||||
| 55601 | +/-$33,599 | +/-$24,672 | +/-$10,518 | +/-5.9% | +/-$-1 | +/-$-1 | +/-$32,733 | +/-$45,425 |
| Beaver Bay city | +/-$29,968 | +/-$31,134 | +/-$13,672 | +/-7.8% | +/-$-1 | +/-$-1 | +/-$100,988 | +/-$35,836 |
| Lake County | +/-$4,705 | +/-$4,686 | +/-$2,179 | +/-1.4% | +/-$58,087 | +/-$10,659 | +/-$9,585 | +/-$5,464 |