56050 Map

56050 Income Statistics

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Comparison to Surrounding Areas

56050 Median Household Income

The median household income ($85,000) for 56050 is less than the median household income for 56063 ($100,156) and Le Sueur County ($90,218). But it's more than 56001 ($67,224), 56003 ($80,587), 56082 ($72,332), Blue Earth County ($72,623), Kasota city ($70,200), and Mankato city ($64,826).

56050$85,000
Kasota city$70,200
Mankato city$64,826
Blue Earth County$72,623
Le Sueur County$90,218

56050 Average Household Income

The average household income ($98,130) for 56050 is less than the average household income for 56003 ($119,183), 56063 ($135,595), and Le Sueur County ($107,148). But it's more than 56001 ($87,834), 56082 ($97,270), Blue Earth County ($91,392), Kasota city ($74,051), and Mankato city ($82,104).

56050$98,130
Kasota city$74,051
Mankato city$82,104
Blue Earth County$91,392
Le Sueur County$107,148

56050 Per-Capita Income

The per-capita income for 56050 is $38,994. The per capita income ($38,994) for 56050 is less than the per capita income for 56003 ($50,188), 56063 ($54,034), and Le Sueur County ($43,236). But it's more than 56001 ($34,876), 56082 ($35,591), Blue Earth County ($36,299), Kasota city ($31,860), and Mankato city ($32,788).

56050$38,994
Kasota city$31,860
Mankato city$32,788
Blue Earth County$36,299
Le Sueur County$43,236

56050 High Income Households

6.2% of households make over $200,000 a year. The percent high income households (6.2%) for 56050 is less than the percent high income households for 56001 (6.3%), 56003 (10.9%), 56063 (14.0%), 56082 (9.5%), Blue Earth County (6.6%), and Le Sueur County (9.5%). But it's more than Kasota city (0.4%) and Mankato city (5.0%).

560506.2%
Kasota city0.4%
Mankato city5.0%
Blue Earth County6.6%
Le Sueur County9.5%

56050 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56050$-1$103,068$82,500$53,971
Kasota city$-1$88,750$71,196$42,188
Mankato city$36,780$79,569$72,222$59,614
Blue Earth County$37,201$84,892$92,030$63,573
Le Sueur County$49,583$106,849$106,420$60,657

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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 56050 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+
56050+/-$16,562+/-$8,736+/-$4,353+/-2.6%+/-$-1+/-$12,419+/-$24,163+/-$11,333
Kasota city+/-$7,014+/-$14,217+/-$6,370+/-1.3%+/-$-1+/-$41,396+/-$1,356+/-$12,364
Mankato city+/-$3,651+/-$4,757+/-$1,970+/-1.2%+/-$3,396+/-$5,137+/-$12,098+/-$9,153
Blue Earth County+/-$3,118+/-$3,367+/-$1,388+/-0.9%+/-$4,348+/-$4,719+/-$6,061+/-$5,271
Le Sueur County+/-$4,966+/-$3,582+/-$1,543+/-1.3%+/-$12,477+/-$7,608+/-$6,378+/-$6,146