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56068 Income Statistics

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Comparison to Surrounding Areas

56068 Median Household Income

The median household income ($73,229) for 56068 is less than the median household income for 56025 ($85,833) and 56065 ($85,536). But it's more than 56097 ($59,080), 56078 ($72,917), 56091 ($55,000), Faribault County ($64,000), Waseca County ($71,856), Blue Earth County ($70,906), and Minnesota Lake city ($65,938).

56068$73,229
Minnesota Lake city$65,938
Blue Earth County$70,906
Faribault County$64,000
Waseca County$71,856

56068 Average Household Income

The average household income ($87,175) for 56068 is less than the average household income for 56025 ($92,680), 56065 ($93,728), 56078 ($87,833), Blue Earth County ($87,952), and Waseca County ($91,089). But it's more than 56091 ($73,071), 56097 ($75,759), Faribault County ($81,221), and Minnesota Lake city ($76,415).

56068$87,175
Minnesota Lake city$76,415
Blue Earth County$87,952
Faribault County$81,221
Waseca County$91,089

56068 Per-Capita Income

The per-capita income for 56068 is $37,173. The per capita income ($37,173) for 56068 is less than the per capita income for 56025 ($38,069). But it's more than 56097 ($33,251), 56065 ($35,769), 56078 ($31,740), 56091 ($35,207), Blue Earth County ($35,182), Faribault County ($35,307), Waseca County ($35,814), and Minnesota Lake city ($33,719).

56068$37,173
Minnesota Lake city$33,719
Blue Earth County$35,182
Faribault County$35,307
Waseca County$35,814

56068 High Income Households

6.3% of households make over $200,000 a year. The percent high income households (6.3%) for 56068 is more than 56097 (4.1%), 56025 (2.5%), 56065 (3.6%), 56078 (4.0%), 56091 (2.3%), Faribault County (5.3%), Waseca County (5.6%), Blue Earth County (5.6%), and Minnesota Lake city (2.2%).

560686.3%
Minnesota Lake city2.2%
Blue Earth County5.6%
Faribault County5.3%
Waseca County5.6%

56068 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56068$65,417$76,250$89,375$64,750
Minnesota Lake city$65,694$65,833$80,208$60,000
Blue Earth County$34,948$83,130$89,871$59,815
Faribault County$52,031$71,133$71,042$51,019
Waseca County$44,922$83,189$93,373$45,448

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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 56068 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+
56068+/-$8,386+/-$7,708+/-$3,034+/-3.9%+/-$36,180+/-$13,093+/-$23,276+/-$10,822
Minnesota Lake city+/-$4,424+/-$7,213+/-$4,088+/-1.9%+/-$6,222+/-$12,949+/-$28,573+/-$14,846
Blue Earth County+/-$3,327+/-$3,088+/-$1,048+/-0.7%+/-$3,778+/-$4,903+/-$4,337+/-$5,142
Faribault County+/-$3,320+/-$3,968+/-$1,683+/-1.0%+/-$23,201+/-$7,869+/-$6,031+/-$6,002
Waseca County+/-$3,640+/-$7,473+/-$2,454+/-1.5%+/-$19,898+/-$9,867+/-$8,069+/-$9,687