Comparison to Surrounding Areas
The median household income ($82,083) for 56294 is more than 56083 ($69,167), 56152 ($75,536), and Redwood County ($67,866). And it's the same as Wanda city ($82,083).
| 56294 | $82,083 |
| Wanda city | $82,083 |
| Redwood County | $67,866 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($85,107) for 56294 is more than 56083 ($78,463), 56152 ($84,396), and Redwood County ($84,682). And it's the same as Wanda city ($85,107).
| 56294 | $85,107 |
| Wanda city | $85,107 |
| Redwood County | $84,682 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 56294 is $48,988. The per capita income ($48,988) for 56294 is more than 56083 ($36,285), 56152 ($34,019), and Redwood County ($34,812). And it's the same as Wanda city ($48,988).
| 56294 | $48,988 |
| Wanda city | $48,988 |
| Redwood County | $34,812 |
Get Per-Capita Income for all Zip Codes in Minnesota.
5.1% of households make over $200,000 a year. The percent high income households (5.1%) for 56294 is more than 56083 (2.7%), 56152 (3.8%), and Redwood County (4.8%). And it's the same as Wanda city (5.1%).
| 56294 | 5.1% |
| Wanda city | 5.1% |
| Redwood 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 | |
|---|---|---|---|---|
| 56294 | $-1 | $90,972 | $81,667 | $-1 |
| Wanda city | $-1 | $90,972 | $81,667 | $-1 |
| Redwood County | $52,500 | $88,326 | $78,902 | $46,975 |
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 56294 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+ | |||||
| 56294 | +/-$8,114 | +/-$23,083 | +/-$11,779 | +/-6.3% | +/-$-1 | +/-$11,289 | +/-$62,090 | +/-$-1 |
| Wanda city | +/-$8,114 | +/-$23,083 | +/-$11,779 | +/-6.3% | +/-$-1 | +/-$11,289 | +/-$62,090 | +/-$-1 |
| Redwood County | +/-$3,182 | +/-$3,736 | +/-$1,334 | +/-0.9% | +/-$30,664 | +/-$9,703 | +/-$8,327 | +/-$2,726 |