Comparison to Surrounding Areas
The median household income ($76,844) for 56150 is less than the median household income for 51347 ($82,750), 56101 ($77,083), 56119 ($83,583), and 56161 ($86,000). But it's more than 51360 ($75,882), 56137 ($71,250), 56143 ($70,771), 56167 ($73,203), Jackson County ($75,743), and Lakefield city ($71,648).
| 56150 | $76,844 |
| Lakefield city | $71,648 |
| Jackson County | $75,743 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($90,901) for 56150 is less than the average household income for 51347 ($91,589), 51360 ($92,949), 56101 ($97,087), 56119 ($95,954), 56161 ($106,012), and Jackson County ($95,928). But it's more than 56137 ($89,362), 56143 ($90,334), 56167 ($89,290), and Lakefield city ($76,060).
| 56150 | $90,901 |
| Lakefield city | $76,060 |
| Jackson County | $95,928 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 56150 is $37,288. The per capita income ($37,288) for 56150 is less than the per capita income for 56167 ($39,425), 51347 ($39,789), 51360 ($45,689), 56101 ($39,607), 56137 ($39,683), 56143 ($43,347), 56161 ($47,734), and Jackson County ($43,301). But it's more than 56119 ($34,836) and Lakefield city ($34,891).
| 56150 | $37,288 |
| Lakefield city | $34,891 |
| Jackson County | $43,301 |
Get Per-Capita Income for all Zip Codes in Minnesota.
6.4% of households make over $200,000 a year. The percent high income households (6.4%) for 56150 is less than the percent high income households for 51360 (8.0%), 56101 (9.6%), 56119 (7.5%), 56143 (7.7%), 56161 (7.5%), and Jackson County (7.8%). But it's more than 51347 (4.5%), 56137 (5.2%), 56167 (4.1%), and Lakefield city (2.8%).
| 56150 | 6.4% |
| Lakefield city | 2.8% |
| Jackson County | 7.8% |
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 | |
|---|---|---|---|---|
| 56150 | $31,618 | $90,156 | $91,250 | $51,042 |
| Lakefield city | $-1 | $92,344 | $78,750 | $35,521 |
| Jackson County | $21,736 | $99,194 | $88,853 | $47,684 |
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 56150 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+ | |||||
| 56150 | +/-$3,073 | +/-$8,042 | +/-$3,199 | +/-2.1% | +/-$2,805 | +/-$12,075 | +/-$8,975 | +/-$18,382 |
| Lakefield city | +/-$7,442 | +/-$8,117 | +/-$2,880 | +/-2.0% | +/-$-1 | +/-$12,193 | +/-$17,520 | +/-$14,376 |
| Jackson County | +/-$3,304 | +/-$4,465 | +/-$1,891 | +/-1.6% | +/-$18,894 | +/-$5,353 | +/-$2,202 | +/-$7,389 |