56072 Map

56072 Income Statistics

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Comparison to Surrounding Areas

56072 Median Household Income

The median household income ($70,556) for 56072 is less than the median household income for 56026 ($90,167), 56042 ($77,188), Steele County ($79,722), and Waseca County ($71,856). But it's more than 56091 ($55,000), 56093 ($69,965), 56097 ($59,080), Freeborn County ($65,679), and New Richland city ($54,464).

56072$70,556
New Richland city$54,464
Freeborn County$65,679
Steele County$79,722
Waseca County$71,856

56072 Average Household Income

The average household income ($81,879) for 56072 is less than the average household income for 56026 ($93,240), 56042 ($94,663), 56093 ($92,829), Freeborn County ($86,121), Steele County ($97,853), and Waseca County ($91,089). But it's more than 56091 ($73,071), 56097 ($75,759), and New Richland city ($66,857).

56072$81,879
New Richland city$66,857
Freeborn County$86,121
Steele County$97,853
Waseca County$91,089

56072 Per-Capita Income

The per-capita income for 56072 is $34,014. The per capita income ($34,014) for 56072 is less than the per capita income for 56026 ($39,056), 56042 ($37,055), 56091 ($35,207), 56093 ($35,843), Steele County ($40,146), Waseca County ($35,814), and Freeborn County ($36,751). But it's more than 56097 ($33,251) and New Richland city ($27,876).

56072$34,014
New Richland city$27,876
Freeborn County$36,751
Steele County$40,146
Waseca County$35,814

56072 High Income Households

4.1% of households make over $200,000 a year. The percent high income households (4.1%) for 56072 is more than 56097 (4.1%), 56026 (5.4%), 56042 (7.0%), 56091 (2.3%), 56093 (5.9%), Steele County (7.3%), Waseca County (5.6%), Freeborn County (5.1%), and New Richland city (0.7%).

560724.1%
New Richland city0.7%
Freeborn County5.1%
Steele County7.3%
Waseca County5.6%

56072 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56072$43,889$91,250$73,750$54,271
New Richland city$34,922$84,375$57,500$43,929
Freeborn County$52,250$74,531$79,874$45,694
Steele County$46,071$89,478$99,521$52,350
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 56072 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+
56072+/-$5,785+/-$5,443+/-$2,034+/-1.6%+/-$5,161+/-$10,519+/-$12,148+/-$8,337
New Richland city+/-$8,781+/-$6,650+/-$2,279+/-0.9%+/-$17,240+/-$9,528+/-$14,576+/-$10,185
Freeborn County+/-$2,178+/-$4,307+/-$1,705+/-1.0%+/-$21,054+/-$8,450+/-$6,314+/-$3,927
Steele County+/-$3,847+/-$5,204+/-$2,054+/-1.5%+/-$19,296+/-$7,060+/-$8,586+/-$3,882
Waseca County+/-$3,640+/-$7,473+/-$2,454+/-1.5%+/-$19,898+/-$9,867+/-$8,069+/-$9,687