55705 Income Statistics

Comparison to Surrounding Areas

55705 Median Household Income

The median household income ($56,208) for 55705 is less than the median household income for 55732 ($64,750), 55750 ($65,833), 55763 ($80,750), 55708 ($66,389), 55741 ($69,545), St. Louis County ($70,069), and Biwabik city ($67,917). But it's more than Aurora city ($42,083).

55705$56,208
Aurora city$42,083
Biwabik city$67,917
St. Louis County$70,069

Get Median Household Income for all Zip Codes in Minnesota.

55705 Average Household Income

The average household income ($73,357) for 55705 is less than the average household income for 55732 ($81,394), 55750 ($77,662), 55763 ($93,845), 55708 ($77,220), 55741 ($90,150), St. Louis County ($93,368), and Biwabik city ($78,463). But it's more than Aurora city ($57,577).

55705$73,357
Aurora city$57,577
Biwabik city$78,463
St. Louis County$93,368

Get Average Household Income for all Zip Codes in Minnesota.

55705 Per-Capita Income

The per-capita income for 55705 is $38,648. The per capita income ($38,648) for 55705 is less than the per capita income for 55741 ($41,149), 55763 ($45,968), and St. Louis County ($41,302). But it's more than 55708 ($34,959), 55732 ($37,160), 55750 ($31,470), Aurora city ($30,647), and Biwabik city ($35,336).

55705$38,648
Aurora city$30,647
Biwabik city$35,336
St. Louis County$41,302

Get Per-Capita Income for all Zip Codes in Minnesota.

55705 High Income Households

1.8% of households make over $200,000 a year. The percent high income households (1.8%) for 55705 is less than the percent high income households for 55732 (2.7%), 55750 (5.6%), 55763 (2.1%), 55708 (4.4%), 55741 (5.2%), St. Louis County (7.1%), and Biwabik city (4.3%). But it's more than Aurora city (1.2%).

557051.8%
Aurora city1.2%
Biwabik city4.3%
St. Louis County7.1%

Get High Income Households for all Zip Codes in Minnesota.

55705 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
55705$-1$110,625$65,682$43,000
Aurora city$-1$75,500$30,313$36,630
Biwabik city$-1$98,229$64,205$53,750
St. Louis County$39,462$86,470$87,067$54,929

Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.

55705 Map

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About the Data

Data Sources

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 55705 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

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+
55705+/-$8,008+/-$7,938+/-$3,922+/-1.3%+/-$-1+/-$37,573+/-$29,536+/-$9,329
Aurora city+/-$9,597+/-$7,164+/-$2,557+/-1.2%+/-$-1+/-$21,928+/-$29,452+/-$12,053
Biwabik city+/-$9,772+/-$9,271+/-$5,157+/-4.4%+/-$-1+/-$30,809+/-$11,876+/-$15,560
St. Louis County+/-$1,494+/-$2,474+/-$1,041+/-0.7%+/-$4,587+/-$2,944+/-$3,530+/-$1,928