56588 Income Statistics

Comparison to Surrounding Areas

56588 Median Household Income

The median household income ($74,306) for 56588 is less than the median household income for 56315 ($89,514) and 56524 ($95,938). But it's more than 56361 ($70,541), 56551 ($63,750), Otter Tail County ($72,255), Urbank city ($71,250), and Vining city ($-1).

56588$74,306
Urbank city$71,250
Vining city$-1
Otter Tail County$72,255

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56588 Average Household Income

The average household income ($106,747) for 56588 is less than the average household income for 56524 ($116,877) and Vining city ($122,828). But it's more than 56315 ($98,000), 56361 ($84,801), 56551 ($81,612), Otter Tail County ($92,523), and Urbank city ($75,489).

56588$106,747
Urbank city$75,489
Vining city$122,828
Otter Tail County$92,523

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56588 Per-Capita Income

The per-capita income for 56588 is $47,394. The per capita income ($47,394) for 56588 is less than the per capita income for 56524 ($54,802). But it's more than 56315 ($38,873), 56361 ($33,333), 56551 ($36,315), Otter Tail County ($39,580), Urbank city ($35,528), and Vining city ($41,928).

56588$47,394
Urbank city$35,528
Vining city$41,928
Otter Tail County$39,580

Get Per-Capita Income for all Zip Codes in Minnesota.

56588 High Income Households

10% of households make over $200,000 a year. The percent high income households (10.0%) for 56588 is less than the percent high income households for Vining city (27.6%). But it's more than 56315 (6.6%), 56361 (5.9%), 56524 (9.7%), 56551 (5.2%), Otter Tail County (7.4%), and Urbank city (0.0%).

5658810.0%
Urbank city0.0%
Vining city27.6%
Otter Tail County7.4%

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56588 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56588$-1$76,667$114,500$57,500
Urbank city$-1$93,750$-1$51,250
Vining city$-1$-1$-1$28,750
Otter Tail County$39,404$87,805$94,085$53,778

Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.

56588 Map

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About the Data

Data Sources

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 56588 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

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+
56588+/-$8,227+/-$23,104+/-$9,451+/-6.2%+/-$-1+/-$18,493+/-$63,373+/-$14,664
Urbank city+/-$59,099+/-$27,993+/-$8,147+/-56.6%+/-$-1+/-$91,145+/-$-1+/-$25,373
Vining city+/-$-1+/-$62,752+/-$8,397+/-33.7%+/-$-1+/-$-1+/-$-1+/-$18,810
Otter Tail County+/-$2,093+/-$2,197+/-$838+/-0.7%+/-$12,431+/-$3,652+/-$4,424+/-$2,293