Comparison to Surrounding Areas
The median household income ($86,667) for 56550 is less than the median household income for 58036 ($100,625) and 58038 ($112,750). But it's more than 56510 ($70,000), 56548 ($64,896), 56574 ($79,792), Norman County ($72,260), and Hendrum city ($57,500).
| 56550 | $86,667 |
| Hendrum city | $57,500 |
| Norman County | $72,260 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($88,804) for 56550 is less than the average household income for 56574 ($94,218), 58036 ($117,947), and 58038 ($110,655). But it's more than 56510 ($83,264), 56548 ($81,659), Norman County ($86,032), and Hendrum city ($73,585).
| 56550 | $88,804 |
| Hendrum city | $73,585 |
| Norman County | $86,032 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 56550 is $40,766. The per capita income ($40,766) for 56550 is less than the per capita income for 56574 ($43,497), 58036 ($45,110), and 58038 ($50,825). But it's more than 56510 ($35,362), 56548 ($35,444), Norman County ($37,402), and Hendrum city ($33,067).
| 56550 | $40,766 |
| Hendrum city | $33,067 |
| Norman County | $37,402 |
Get Per-Capita Income for all Zip Codes in Minnesota.
5.7% of households make over $200,000 a year. The percent high income households (5.7%) for 56550 is less than the percent high income households for 56548 (6.4%), 58036 (7.5%), and Hendrum city (7.7%). But it's more than 56510 (3.3%), 56574 (4.4%), 58038 (1.2%), and Norman County (4.5%).
| 56550 | 5.7% |
| Hendrum city | 7.7% |
| Norman County | 4.5% |
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 | |
|---|---|---|---|---|
| 56550 | $53,906 | $87,740 | $118,125 | $64,250 |
| Hendrum city | $52,656 | $-1 | $79,167 | $62,500 |
| Norman County | $54,688 | $81,000 | $88,625 | $55,655 |
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 56550 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+ | |||||
| 56550 | +/-$12,072 | +/-$9,912 | +/-$5,877 | +/-4.1% | +/-$25,244 | +/-$10,228 | +/-$41,031 | +/-$28,109 |
| Hendrum city | +/-$11,381 | +/-$14,449 | +/-$6,104 | +/-7.2% | +/-$5,196 | +/-$-1 | +/-$27,245 | +/-$34,688 |
| Norman County | +/-$3,894 | +/-$3,253 | +/-$1,435 | +/-0.9% | +/-$11,372 | +/-$11,051 | +/-$9,112 | +/-$4,820 |