56531 Income Statistics
Comparison to Surrounding Areas
56531 Median Household Income
The median household income ($74,583) for 56531 is less than the median household income for 56248 ($83,000), 56274 ($118,889), 56309 ($84,750), 56324 ($82,917), and 56326 ($85,625). But it's more than 56537 ($65,473), 56590 ($70,500), Grant County ($73,917), and Elbow Lake city ($59,792). And it's the same as 56311 ($74,583).
| 56531 | $74,583 |
| Elbow Lake city | $59,792 |
| Grant County | $73,917 |
Get Median Household Income for all Zip Codes in Minnesota.
56531 Average Household Income
The average household income ($113,263) for 56531 is less than the average household income for 56274 ($156,083). But it's more than 56590 ($94,922), 56326 ($97,301), 56537 ($85,089), 56248 ($89,172), 56309 ($101,110), 56311 ($78,319), 56324 ($101,572), Grant County ($96,148), and Elbow Lake city ($80,117).
| 56531 | $113,263 |
| Elbow Lake city | $80,117 |
| Grant County | $96,148 |
Get Average Household Income for all Zip Codes in Minnesota.
56531 Per-Capita Income
The per-capita income for 56531 is $44,546. The per capita income ($44,546) for 56531 is less than the per capita income for 56274 ($48,693) and 56324 ($44,674). But it's more than 56590 ($39,169), 56326 ($39,326), 56537 ($37,805), 56248 ($42,253), 56309 ($41,423), 56311 ($37,230), Grant County ($40,151), and Elbow Lake city ($30,931).
| 56531 | $44,546 |
| Elbow Lake city | $30,931 |
| Grant County | $40,151 |
Get Per-Capita Income for all Zip Codes in Minnesota.
56531 High Income Households
10.2% of households make over $200,000 a year. The percent high income households (10.2%) for 56531 is less than the percent high income households for 56274 (13.5%) and 56590 (11.7%). But it's more than 56537 (6.8%), 56324 (8.0%), 56326 (6.7%), 56248 (5.5%), 56309 (8.3%), 56311 (3.4%), Grant County (7.7%), and Elbow Lake city (6.2%).
| 56531 | 10.2% |
| Elbow Lake city | 6.2% |
| Grant County | 7.7% |
Get High Income Households for all Zip Codes in Minnesota.
56531 Median Household Income by Age of Householder
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 56531 | $33,654 | $71,000 | $86,667 | $59,063 |
| Elbow Lake city | $33,365 | $67,875 | $80,833 | $40,417 |
| Grant County | $33,894 | $84,464 | $87,250 | $54,444 |
Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.
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