56062 Map

56062 Income Statistics

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Comparison to Surrounding Areas

56062 Median Household Income

The median household income ($76,549) for 56062 is less than the median household income for 56034 ($83,068), 56041 ($79,107), 56055 ($83,452), 56090 ($78,125), and Madelia city ($77,500). But it's more than 56056 ($40,000), 56060 ($74,688), 56081 ($66,612), Blue Earth County ($72,623), Brown County ($68,690), and Watonwan County ($70,593).

56062$76,549
Madelia city$77,500
Blue Earth County$72,623
Brown County$68,690
Watonwan County$70,593

56062 Average Household Income

The average household income ($93,985) for 56062 is less than the average household income for 56034 ($98,795) and 56090 ($101,349). But it's more than 56081 ($90,478), 56041 ($93,298), 56055 ($93,271), 56056 ($48,556), 56060 ($81,179), Brown County ($84,690), Watonwan County ($89,633), Blue Earth County ($91,392), and Madelia city ($87,498).

56062$93,985
Madelia city$87,498
Blue Earth County$91,392
Brown County$84,690
Watonwan County$89,633

56062 Per-Capita Income

The per-capita income for 56062 is $37,047. The per capita income ($37,047) for 56062 is less than the per capita income for 56034 ($41,647), 56041 ($38,713), 56055 ($38,859), and 56090 ($42,457). But it's more than 56081 ($35,913), 56056 ($30,283), 56060 ($32,233), Brown County ($36,580), Watonwan County ($35,659), Blue Earth County ($36,299), and Madelia city ($33,875).

56062$37,047
Madelia city$33,875
Blue Earth County$36,299
Brown County$36,580
Watonwan County$35,659

56062 High Income Households

4% of households make over $200,000 a year. The percent high income households (4.0%) for 56062 is less than the percent high income households for 56090 (17.2%), 56041 (5.1%), 56055 (4.5%), 56081 (7.9%), 56034 (6.9%), Brown County (4.2%), Watonwan County (6.0%), and Blue Earth County (6.6%). But it's more than 56056 (0.0%), 56060 (3.8%), and Madelia city (2.8%).

560624.0%
Madelia city2.8%
Blue Earth County6.6%
Brown County4.2%
Watonwan County6.0%

56062 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56062$67,500$82,583$115,893$57,604
Madelia city$58,438$75,511$117,500$58,750
Blue Earth County$37,201$84,892$92,030$63,573
Brown County$54,886$80,599$84,245$51,268
Watonwan County$55,833$81,111$82,151$50,909

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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 56062 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+
56062+/-$5,422+/-$8,031+/-$3,647+/-1.5%+/-$13,021+/-$9,028+/-$34,189+/-$14,887
Madelia city+/-$5,188+/-$8,853+/-$3,826+/-1.7%+/-$37,022+/-$17,045+/-$33,693+/-$23,574
Blue Earth County+/-$3,118+/-$3,367+/-$1,388+/-0.9%+/-$4,348+/-$4,719+/-$6,061+/-$5,271
Brown County+/-$3,342+/-$3,351+/-$1,314+/-0.9%+/-$28,840+/-$8,463+/-$4,273+/-$4,482
Watonwan County+/-$6,881+/-$6,587+/-$2,517+/-1.7%+/-$14,333+/-$15,397+/-$12,216+/-$7,801