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The median household income ($84,886) for 56118 is less than the median household income for Bingham Lake city ($95,750). But it's more than 56019 ($63,125), 56101 ($61,852), 56145 ($48,750), 56159 ($61,328), Cottonwood County ($63,586), and Jackson County ($68,368).
| 56118 | $84,886 |
| Bingham Lake city | $95,750 |
| Cottonwood County | $63,586 |
| Jackson County | $68,368 |
The average household income ($101,509) for 56118 is less than the average household income for Bingham Lake city ($104,947). But it's more than 56019 ($72,021), 56101 ($83,584), 56145 ($66,528), 56159 ($73,619), Cottonwood County ($79,763), and Jackson County ($84,048).
| 56118 | $101,509 |
| Bingham Lake city | $104,947 |
| Cottonwood County | $79,763 |
| Jackson County | $84,048 |
The per-capita income for 56118 is $38,405. The per capita income ($38,405) for 56118 is more than 56019 ($31,952), 56101 ($34,381), 56145 ($29,106), 56159 ($27,821), Jackson County ($37,818), Cottonwood County ($32,818), and Bingham Lake city ($37,122).
| 56118 | $38,405 |
| Bingham Lake city | $37,122 |
| Cottonwood County | $32,818 |
| Jackson County | $37,818 |
7.7% of households make over $200,000 a year. The percent high income households (7.7%) for 56118 is more than 56019 (1.9%), 56101 (4.4%), 56145 (1.5%), 56159 (4.8%), Jackson County (4.5%), Cottonwood County (4.5%), and Bingham Lake city (4.4%).
| 56118 | 7.7% |
| Bingham Lake city | 4.4% |
| Cottonwood County | 4.5% |
| Jackson County | 4.5% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 56118 | $-1 | $105,000 | $90,938 | $75,938 |
| Bingham Lake city | $-1 | $-1 | $96,250 | $-1 |
| Cottonwood County | $44,783 | $85,481 | $82,045 | $47,750 |
| Jackson County | $-1 | $83,750 | $80,519 | $47,207 |
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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 56118 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.
| 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+ | |||||
| 56118 | +/-$17,082 | +/-$16,407 | +/-$7,826 | +/-5.5% | +/-$-1 | +/-$50,145 | +/-$15,497 | +/-$36,047 |
| Bingham Lake city | +/-$33,019 | +/-$29,483 | +/-$15,863 | +/-7.8% | +/-$-1 | +/-$-1 | +/-$25,795 | +/-$-1 |
| Cottonwood County | +/-$6,049 | +/-$3,919 | +/-$1,575 | +/-1.3% | +/-$8,403 | +/-$8,925 | +/-$6,212 | +/-$6,119 |
| Jackson County | +/-$3,525 | +/-$3,733 | +/-$1,594 | +/-1.0% | +/-$-1 | +/-$11,261 | +/-$2,322 | +/-$2,956 |
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