56068 Map

56068 Income Statistics

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Comparison to Surrounding Areas

56068 Median Household Income

The median household income ($68,988) for 56068 is less than the median household income for 56025 ($81,000), 56065 ($91,587), 56078 ($79,688), Blue Earth County ($72,623), and Waseca County ($75,052). But it's more than 56091 ($57,500), 56097 ($63,646), Faribault County ($64,391), and Minnesota Lake city ($62,875).

56068$68,988
Minnesota Lake city$62,875
Blue Earth County$72,623
Faribault County$64,391
Waseca County$75,052

56068 Average Household Income

The average household income ($88,626) for 56068 is less than the average household income for 56025 ($94,099), 56065 ($99,113), 56078 ($93,514), Blue Earth County ($91,392), and Waseca County ($93,960). But it's more than 56091 ($79,177), 56097 ($80,687), Faribault County ($83,306), and Minnesota Lake city ($76,918).

56068$88,626
Minnesota Lake city$76,918
Blue Earth County$91,392
Faribault County$83,306
Waseca County$93,960

56068 Per-Capita Income

The per-capita income for 56068 is $38,690. The per capita income ($38,690) for 56068 is more than 56097 ($36,343), 56025 ($37,600), 56065 ($37,222), 56078 ($34,184), 56091 ($37,676), Faribault County ($36,782), Waseca County ($37,199), Blue Earth County ($36,299), and Minnesota Lake city ($35,508).

56068$38,690
Minnesota Lake city$35,508
Blue Earth County$36,299
Faribault County$36,782
Waseca County$37,199

56068 High Income Households

6.6% of households make over $200,000 a year. The percent high income households (6.6%) for 56068 is more than 56097 (5.4%), 56065 (5.4%), 56078 (4.6%), 56091 (6.3%), 56025 (3.0%), Waseca County (6.2%), Faribault County (5.5%), and Minnesota Lake city (1.7%). And it's the same as Blue Earth County (6.6%).

560686.6%
Minnesota Lake city1.7%
Blue Earth County6.6%
Faribault County5.5%
Waseca County6.2%

56068 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56068$67,875$80,000$-1$65,417
Minnesota Lake city$67,875$71,875$51,583$58,500
Blue Earth County$37,201$84,892$92,030$63,573
Faribault County$67,632$73,750$70,634$48,750
Waseca County$55,405$87,500$87,850$49,805

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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 56068 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+
56068+/-$2,976+/-$9,991+/-$3,897+/-3.6%+/-$41,502+/-$15,486+/-$-1+/-$10,215
Minnesota Lake city+/-$9,510+/-$10,976+/-$4,937+/-1.4%+/-$41,502+/-$14,626+/-$8,072+/-$13,546
Blue Earth County+/-$3,118+/-$3,367+/-$1,388+/-0.9%+/-$4,348+/-$4,719+/-$6,061+/-$5,271
Faribault County+/-$4,758+/-$2,986+/-$1,274+/-1.0%+/-$26,344+/-$9,059+/-$4,212+/-$6,273
Waseca County+/-$3,779+/-$6,972+/-$2,424+/-1.5%+/-$25,078+/-$8,157+/-$8,799+/-$8,767