56160 Map

56160 Income Statistics

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Comparison to Surrounding Areas

56160 Median Household Income

The median household income ($46,875) for 56160 is less than the median household income for 56176 ($67,727), 56120 ($72,708), 56159 ($65,089), 56162 ($83,125), 56081 ($66,612), 56111 ($91,563), Martin County ($62,969), Watonwan County ($70,593), and Jackson County ($69,955). But it's more than Odin city ($35,625).

56160$46,875
Odin city$35,625
Jackson County$69,955
Martin County$62,969
Watonwan County$70,593

56160 Average Household Income

The average household income ($67,635) for 56160 is less than the average household income for 56176 ($88,524), 56120 ($85,291), 56159 ($80,748), 56162 ($87,302), 56081 ($90,478), 56111 ($139,279), Martin County ($84,513), Watonwan County ($89,633), and Jackson County ($87,597). But it's more than Odin city ($46,384).

56160$67,635
Odin city$46,384
Jackson County$87,597
Martin County$84,513
Watonwan County$89,633

56160 Per-Capita Income

The per-capita income for 56160 is $26,240. The per capita income ($26,240) for 56160 is less than the per capita income for 56176 ($37,803), 56120 ($35,885), 56159 ($30,280), 56162 ($32,830), 56081 ($35,913), 56111 ($66,536), Martin County ($37,466), Watonwan County ($35,659), and Jackson County ($39,494). But it's more than Odin city ($18,568).

56160$26,240
Odin city$18,568
Jackson County$39,494
Martin County$37,466
Watonwan County$35,659

56160 High Income Households

7.2% of households make over $200,000 a year. The percent high income households (7.2%) for 56160 is less than the percent high income households for 56081 (7.9%), 56111 (10.1%), and 56176 (7.8%). But it's more than 56162 (5.6%), 56120 (4.5%), 56159 (5.2%), Martin County (6.3%), Watonwan County (6.0%), Jackson County (5.7%), and Odin city (0.0%).

561607.2%
Odin city0.0%
Jackson County5.7%
Martin County6.3%
Watonwan County6.0%

56160 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56160$-1$58,750$110,000$31,000
Odin city$-1$53,125$-1$28,750
Jackson County$30,179$87,553$83,750$47,067
Martin County$59,051$74,053$93,080$44,844
Watonwan County$55,833$81,111$82,151$50,909

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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 2023 5-year estimates. You can find this information and other demographics for 56160 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
56160+/-$17,836+/-$15,012+/-$4,621+/-7.8%+/-$-1+/-$29,556+/-$89,101+/-$6,906
Odin city+/-$18,440+/-$11,848+/-$4,494+/-34.1%+/-$-1+/-$31,654+/-$-1+/-$5,215
Jackson County+/-$3,329+/-$4,301+/-$1,860+/-1.3%+/-$17,651+/-$9,479+/-$7,130+/-$5,367
Martin County+/-$3,165+/-$4,618+/-$1,912+/-1.4%+/-$40,759+/-$5,203+/-$7,224+/-$4,706
Watonwan County+/-$6,881+/-$6,587+/-$2,517+/-1.7%+/-$14,333+/-$15,397+/-$12,216+/-$7,801