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56027 Map

56027 Income Statistics

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Comparison to Surrounding Areas

56027 Median Household Income

The median household income ($46,858) for 56027 is less than the median household income for 50590 ($60,417), 56033 ($72,500), 56039 ($79,375), 50424 ($59,100), 56013 ($68,324), Martin County ($61,674), and Faribault County ($64,000). But it's more than 50556 ($41,875) and Elmore city ($40,455).

56027$46,858
Elmore city$40,455
Faribault County$64,000
Martin County$61,674

56027 Average Household Income

The average household income ($82,595) for 56027 is less than the average household income for 56013 ($84,811), 56033 ($92,847), and 56039 ($92,763). But it's more than 50424 ($78,830), 50556 ($76,901), 50590 ($80,858), Faribault County ($81,221), Martin County ($78,734), and Elmore city ($66,925).

56027$82,595
Elmore city$66,925
Faribault County$81,221
Martin County$78,734

56027 Per-Capita Income

The per-capita income for 56027 is $42,665. The per capita income ($42,665) for 56027 is less than the per capita income for 50556 ($47,065). But it's more than 56039 ($36,847), 50590 ($35,641), 56013 ($36,696), 56033 ($35,167), 50424 ($36,917), Martin County ($35,152), Faribault County ($35,307), and Elmore city ($32,599).

56027$42,665
Elmore city$32,599
Faribault County$35,307
Martin County$35,152

56027 High Income Households

8.0% of households make over $200,000 a year. The percent high income households (8.0%) for 56027 is more than 56039 (5.6%), 50590 (4.8%), 56013 (6.9%), 56033 (10.4%), 50424 (5.4%), 50556 (4.4%), Martin County (4.5%), Faribault County (5.3%), and Elmore city (7.2%).

560278.0%
Elmore city7.2%
Faribault County5.3%
Martin County4.5%

56027 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56027$30,729$59,125$48,125$46,600
Elmore city$30,729$55,625$45,000$35,000
Faribault County$52,031$71,133$71,042$51,019
Martin County$55,066$73,690$86,023$43,015

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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 2022 5-year estimates. You can find this information and other demographics for 56027 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 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+/-$4,267+/-$18,253+/-$10,864+/-4.5%+/-$6,050+/-$11,079+/-$19,360+/-$3,798
Elmore city+/-$5,383+/-$14,916+/-$8,229+/-5.0%+/-$6,050+/-$37,638+/-$4,417+/-$13,667
Faribault County+/-$3,320+/-$3,968+/-$1,683+/-1.0%+/-$23,201+/-$7,869+/-$6,031+/-$6,002
Martin County+/-$4,915+/-$3,077+/-$1,284+/-1.1%+/-$42,567+/-$7,973+/-$11,634+/-$3,625