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56054 Income Statistics

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Comparison to Surrounding Areas

56054 Median Household Income

The median household income ($90,000) for 56054 is less than the median household income for 56074 ($90,750). But it's more than 55334 ($73,625), 55335 ($52,039), 55396 ($67,941), 56073 ($67,047), Sibley County ($74,781), Nicollet County ($79,113), and Lafayette city ($86,875).

56054$90,000
Lafayette city$86,875
Nicollet County$79,113
Sibley County$74,781

56054 Average Household Income

The average household income ($98,114) for 56054 is less than the average household income for 55334 ($98,690), 56074 ($102,999), and Nicollet County ($106,710). But it's more than 55335 ($80,968), 55396 ($82,530), 56073 ($84,298), Sibley County ($92,467), and Lafayette city ($89,065).

56054$98,114
Lafayette city$89,065
Nicollet County$106,710
Sibley County$92,467

56054 Per-Capita Income

The per-capita income for 56054 is $36,387. The per capita income ($36,387) for 56054 is less than the per capita income for 55334 ($41,761), 55335 ($37,040), 55396 ($37,171), 56074 ($41,286), Nicollet County ($41,658), and Sibley County ($37,919). But it's more than 56073 ($35,478) and Lafayette city ($32,565).

56054$36,387
Lafayette city$32,565
Nicollet County$41,658
Sibley County$37,919

56054 High Income Households

4.9% of households make over $200,000 a year. The percent high income households (4.9%) for 56054 is more than 56074 (7.6%), 55335 (5.8%), 55396 (5.0%), 56073 (4.1%), 55334 (7.2%), Sibley County (6.2%), Nicollet County (9.1%), and Lafayette city (2.1%).

560544.9%
Lafayette city2.1%
Nicollet County9.1%
Sibley County6.2%

56054 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56054$86,071$108,750$107,500$65,625
Lafayette city$-1$86,667$96,786$51,250
Nicollet County$59,280$86,949$102,560$53,738
Sibley County$57,083$90,377$85,592$44,122

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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 56054 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+
56054+/-$9,876+/-$9,068+/-$3,047+/-3.3%+/-$9,192+/-$32,780+/-$18,058+/-$7,315
Lafayette city+/-$9,803+/-$8,344+/-$4,127+/-2.2%+/-$-1+/-$60,084+/-$13,380+/-$11,652
Nicollet County+/-$4,452+/-$8,445+/-$3,720+/-1.7%+/-$16,524+/-$14,160+/-$7,598+/-$5,463
Sibley County+/-$3,529+/-$4,287+/-$1,744+/-1.0%+/-$10,320+/-$3,493+/-$6,664+/-$3,798