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56073 Income Statistics

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Comparison to Surrounding Areas

56073 Median Household Income

The median household income ($67,047) for 56073 is less than the median household income for 56085 ($69,960), 56054 ($90,000), 56055 ($82,596), 56074 ($90,750), 56021 ($100,417), 56041 ($79,219), Nicollet County ($79,113), Blue Earth County ($70,906), and Searles CDP ($108,333). But it's more than 55332 ($60,673), 55335 ($52,039), 56030 ($56,250), Brown County ($67,038), Essig CDP ($-1), and New Ulm city ($59,985).

56073$67,047
Essig CDP$-1
New Ulm city$59,985
Searles CDP$108,333
Blue Earth County$70,906
Brown County$67,038
Nicollet County$79,113

56073 Average Household Income

The average household income ($84,298) for 56073 is less than the average household income for 56085 ($88,571), 56041 ($95,597), 56054 ($98,114), 56055 ($93,522), 56074 ($102,999), 56021 ($108,498), Nicollet County ($106,710), Blue Earth County ($87,952), Essig CDP ($116,687), and Searles CDP ($106,685). But it's more than 55332 ($74,324), 55335 ($80,968), 56030 ($51,567), Brown County ($82,692), and New Ulm city ($78,266).

56073$84,298
Essig CDP$116,687
New Ulm city$78,266
Searles CDP$106,685
Blue Earth County$87,952
Brown County$82,692
Nicollet County$106,710

56073 Per-Capita Income

The per-capita income for 56073 is $35,478. The per capita income ($35,478) for 56073 is less than the per capita income for 56085 ($37,729), 56055 ($38,675), 56074 ($41,286), 55335 ($37,040), 56021 ($44,145), 56041 ($38,002), 56054 ($36,387), Nicollet County ($41,658), and Searles CDP ($45,826). But it's more than 55332 ($32,700), 56030 ($9,141), Blue Earth County ($35,182), Brown County ($35,340), Essig CDP ($30,905), and New Ulm city ($33,582).

56073$35,478
Essig CDP$30,905
New Ulm city$33,582
Searles CDP$45,826
Blue Earth County$35,182
Brown County$35,340
Nicollet County$41,658

56073 High Income Households

4.1% of households make over $200,000 a year. The percent high income households (4.1%) for 56073 is more than 56085 (5.0%), 56021 (9.6%), 56030 (0.0%), 56041 (6.0%), 56054 (4.9%), 56055 (5.4%), 56074 (7.6%), 55332 (4.6%), 55335 (5.8%), Brown County (4.0%), Nicollet County (9.1%), Blue Earth County (5.6%), Essig CDP (0.0%), New Ulm city (3.4%), and Searles CDP (1.7%).

560734.1%
Essig CDP0.0%
New Ulm city3.4%
Searles CDP1.7%
Blue Earth County5.6%
Brown County4.0%
Nicollet County9.1%

56073 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56073$53,065$74,769$88,750$51,645
Essig CDP$-1$-1$-1$56,250
New Ulm city$52,944$66,102$80,756$46,572
Searles CDP$-1$98,750$113,750$137,714
Blue Earth County$34,948$83,130$89,871$59,815
Brown County$60,227$75,128$82,201$48,793
Nicollet County$59,280$86,949$102,560$53,738

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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 56073 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+
56073+/-$5,102+/-$3,624+/-$1,511+/-1.1%+/-$26,926+/-$16,338+/-$9,571+/-$6,237
Essig CDP+/-$-1+/-$49,025+/-$15,958+/-60.1%+/-$-1+/-$-1+/-$-1+/-$19,953
New Ulm city+/-$5,209+/-$4,208+/-$1,743+/-1.3%+/-$30,131+/-$13,391+/-$8,948+/-$4,311
Searles CDP+/-$38,553+/-$18,526+/-$9,319+/-2.0%+/-$-1+/-$29,183+/-$15,194+/-$114,171
Blue Earth County+/-$3,327+/-$3,088+/-$1,048+/-0.7%+/-$3,778+/-$4,903+/-$4,337+/-$5,142
Brown County+/-$3,230+/-$3,192+/-$1,263+/-0.8%+/-$18,454+/-$9,696+/-$6,208+/-$5,434
Nicollet County+/-$4,452+/-$8,445+/-$3,720+/-1.7%+/-$16,524+/-$14,160+/-$7,598+/-$5,463