56118 Income Statistics
Comparison to Surrounding Areas
56118 Median Household Income
The median household income ($91,250) for 56118 is more than 56019 ($65,833), 56101 ($77,083), 56145 ($58,750), 56159 ($71,648), Jackson County ($75,743), Cottonwood County ($72,941), and Bingham Lake city ($88,125).
| 56118 | $91,250 |
| Bingham Lake city | $88,125 |
| Cottonwood County | $72,941 |
| Jackson County | $75,743 |
Get Median Household Income for all Zip Codes in Minnesota.
56118 Average Household Income
The average household income ($102,402) for 56118 is more than 56019 ($77,124), 56101 ($97,087), 56145 ($77,031), 56159 ($89,321), Jackson County ($95,928), Cottonwood County ($89,108), and Bingham Lake city ($87,605).
| 56118 | $102,402 |
| Bingham Lake city | $87,605 |
| Cottonwood County | $89,108 |
| Jackson County | $95,928 |
Get Average Household Income for all Zip Codes in Minnesota.
56118 Per-Capita Income
The per-capita income for 56118 is $41,949. The per capita income ($41,949) for 56118 is less than the per capita income for Jackson County ($43,301). But it's more than 56019 ($35,057), 56101 ($39,607), 56145 ($30,743), 56159 ($33,260), Cottonwood County ($36,506), and Bingham Lake city ($36,991).
| 56118 | $41,949 |
| Bingham Lake city | $36,991 |
| Cottonwood County | $36,506 |
| Jackson County | $43,301 |
Get Per-Capita Income for all Zip Codes in Minnesota.
56118 High Income Households
9% of households make over $200,000 a year. The percent high income households (9.0%) for 56118 is less than the percent high income households for 56101 (9.6%). But it's more than 56019 (4.1%), 56145 (2.5%), 56159 (6.6%), Cottonwood County (7.3%), Jackson County (7.8%), and Bingham Lake city (2.4%).
| 56118 | 9.0% |
| Bingham Lake city | 2.4% |
| Cottonwood County | 7.3% |
| Jackson County | 7.8% |
Get High Income Households for all Zip Codes in Minnesota.
56118 Median Household Income by Age of Householder
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 56118 | $-1 | $101,389 | $91,957 | $81,111 |
| Bingham Lake city | $-1 | $-1 | $89,375 | $-1 |
| Cottonwood County | $54,946 | $90,664 | $90,625 | $47,260 |
| Jackson County | $21,736 | $99,194 | $88,853 | $47,684 |
Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.
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