56027 Map

56027 Income Statistics

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Comparison to Surrounding Areas

56027 Median Household Income

The median household income ($48,214) for 56027 is less than the median household income for 50590 ($65,500), 56033 ($82,188), 56039 ($80,536), 50424 ($58,125), 56013 ($64,360), Martin County ($62,969), and Faribault County ($64,391). But it's more than 50556 ($38,750) and Elmore city ($40,938).

56027$48,214
Elmore city$40,938
Faribault County$64,391
Martin County$62,969

56027 Average Household Income

The average household income ($75,422) for 56027 is less than the average household income for 50590 ($89,353), 56033 ($98,270), 56039 ($92,415), 50424 ($79,146), 56013 ($85,400), Martin County ($84,513), and Faribault County ($83,306). But it's more than 50556 ($73,782) and Elmore city ($65,827).

56027$75,422
Elmore city$65,827
Faribault County$83,306
Martin County$84,513

56027 Per-Capita Income

The per-capita income for 56027 is $37,607. The per capita income ($37,607) for 56027 is less than the per capita income for 50556 ($40,957) and 50590 ($39,621). But it's more than 50424 ($35,753), 56013 ($36,850), 56033 ($37,484), 56039 ($36,778), Martin County ($37,466), Faribault County ($36,782), and Elmore city ($31,519).

56027$37,607
Elmore city$31,519
Faribault County$36,782
Martin County$37,466

56027 High Income Households

7% of households make over $200,000 a year. The percent high income households (7.0%) for 56027 is less than the percent high income households for 56039 (7.9%) and Elmore city (7.2%). But it's more than 50424 (5.5%), 50556 (1.2%), 50590 (6.6%), 56033 (6.7%), Faribault County (5.5%), and Martin County (6.3%). And it's the same as 56013 (7.0%).

560277.0%
Elmore city7.2%
Faribault County5.5%
Martin County6.3%

56027 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56027$32,734$61,250$48,661$48,250
Elmore city$32,734$58,750$47,250$35,357
Faribault County$67,632$73,750$70,634$48,750
Martin County$59,051$74,053$93,080$44,844

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 56027 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above 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+
56027+/-$2,698+/-$14,624+/-$7,202+/-3.6%+/-$12,452+/-$20,243+/-$1,912+/-$9,398
Elmore city+/-$7,182+/-$14,957+/-$7,725+/-4.8%+/-$12,452+/-$41,892+/-$3,517+/-$11,634
Faribault County+/-$4,758+/-$2,986+/-$1,274+/-1.0%+/-$26,344+/-$9,059+/-$4,212+/-$6,273
Martin County+/-$3,165+/-$4,618+/-$1,912+/-1.4%+/-$40,759+/-$5,203+/-$7,224+/-$4,706