Comparison to Surrounding Areas
The median household income ($88,625) for 56162 is more than 56081 ($67,337), 56088 ($71,354), 56160 ($66,667), 56176 ($59,125), Watonwan County ($71,699), Martin County ($59,507), and Ormsby city ($80,625).
| 56162 | $88,625 |
| Ormsby city | $80,625 |
| Martin County | $59,507 |
| Watonwan County | $71,699 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($93,932) for 56162 is less than the average household income for 56081 ($94,323). But it's more than 56088 ($81,611), 56160 ($87,983), 56176 ($87,965), Martin County ($82,458), Watonwan County ($93,447), and Ormsby city ($68,242).
| 56162 | $93,932 |
| Ormsby city | $68,242 |
| Martin County | $82,458 |
| Watonwan County | $93,447 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 56162 is $30,957. The per capita income ($30,957) for 56162 is less than the per capita income for 56081 ($35,956), 56088 ($33,702), 56160 ($32,018), 56176 ($41,213), Martin County ($37,332), and Watonwan County ($35,869). But it's more than Ormsby city ($27,562).
| 56162 | $30,957 |
| Ormsby city | $27,562 |
| Martin County | $37,332 |
| Watonwan County | $35,869 |
Get Per-Capita Income for all Zip Codes in Minnesota.
6.1% of households make over $200,000 a year. The percent high income households (6.1%) for 56162 is less than the percent high income households for 56081 (8.4%), 56160 (8.5%), 56176 (9.2%), and Watonwan County (6.5%). But it's more than 56088 (3.4%), Martin County (5.6%), and Ormsby city (0.0%).
| 56162 | 6.1% |
| Ormsby city | 0.0% |
| Martin County | 5.6% |
| Watonwan County | 6.5% |
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 | |
|---|---|---|---|---|
| 56162 | $-1 | $89,531 | $97,188 | $81,250 |
| Ormsby city | $-1 | $88,438 | $97,188 | $48,750 |
| Martin County | $56,875 | $67,829 | $86,476 | $43,670 |
| Watonwan County | $58,750 | $74,375 | $95,761 | $49,757 |
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 56162 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+ | |||||
| 56162 | +/-$8,427 | +/-$13,422 | +/-$6,646 | +/-4.6% | +/-$-1 | +/-$19,312 | +/-$8,179 | +/-$18,314 |
| Ormsby city | +/-$54,019 | +/-$12,343 | +/-$4,663 | +/-30.7% | +/-$-1 | +/-$19,081 | +/-$18,957 | +/-$23,166 |
| Martin County | +/-$3,542 | +/-$4,587 | +/-$2,107 | +/-1.2% | +/-$29,060 | +/-$12,970 | +/-$9,124 | +/-$4,892 |
| Watonwan County | +/-$4,196 | +/-$7,298 | +/-$2,631 | +/-2.1% | +/-$8,167 | +/-$10,122 | +/-$17,866 | +/-$4,749 |