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56140 Income Statistics

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Comparison to Surrounding Areas

56140 Median Household Income

The median household income ($60,938) for 56140 is less than the median household income for 56164 ($75,361) and Pipestone County ($68,341). But it's more than 56144 ($49,201) and Ihlen city ($60,859).

56140$60,938
Ihlen city$60,859
Pipestone County$68,341

56140 Average Household Income

The average household income ($56,947) for 56140 is less than the average household income for 56144 ($74,102), 56164 ($88,722), and Pipestone County ($84,111). But it's more than Ihlen city ($56,737).

56140$56,947
Ihlen city$56,737
Pipestone County$84,111

56140 Per-Capita Income

The per-capita income for 56140 is $34,023. The per capita income ($34,023) for 56140 is less than the per capita income for 56164 ($36,840), Pipestone County ($34,973), and Ihlen city ($34,718). But it's more than 56144 ($31,952).

56140$34,023
Ihlen city$34,718
Pipestone County$34,973

56140 High Income Households

0.0% of households make over $200,000 a year. The percent high income households (0.0%) for 56140 is less than 56144 (6.1%), 56164 (7.4%), and Pipestone County (6.0%). And it's the same as Ihlen city (0.0%).

561400.0%
Ihlen city0.0%
Pipestone County6.0%

56140 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56140$-1$93,750$-1$60,625
Ihlen city$-1$68,750$-1$60,625
Pipestone County$45,208$78,026$83,309$46,700

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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 56140 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+
56140+/-$4,817+/-$14,605+/-$9,936+/-38.8%+/-$-1+/-$65,960+/-$-1+/-$5,378
Ihlen city+/-$5,110+/-$12,736+/-$10,451+/-35.1%+/-$-1+/-$66,591+/-$-1+/-$5,378
Pipestone County+/-$5,833+/-$4,392+/-$1,920+/-1.5%+/-$9,831+/-$8,103+/-$8,171+/-$3,684