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56164 Income Statistics

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Comparison to Surrounding Areas

56164 Median Household Income

The median household income ($75,361) for 56164 is less than the median household income for 57026 ($75,500) and Hatfield city ($83,500). But it's more than 57028 ($63,631), 56139 ($65,000), 56140 ($60,938), 56144 ($49,201), 56149 ($56,923), 56186 ($55,357), 56128 ($73,424), Pipestone County ($68,341), Lincoln County ($64,750), Ihlen city ($60,859), Pipestone city ($65,144), and Trosky city ($56,875).

56164$75,361
Hatfield city$83,500
Ihlen city$60,859
Pipestone city$65,144
Trosky city$56,875
Lincoln County$64,750
Pipestone County$68,341

56164 Average Household Income

The average household income ($88,722) for 56164 is less than the average household income for 57026 ($89,209). But it's more than 57028 ($81,947), 56128 ($88,375), 56139 ($79,168), 56140 ($56,947), 56144 ($74,102), 56149 ($68,856), 56186 ($88,027), Pipestone County ($84,111), Lincoln County ($82,712), Hatfield city ($67,142), Ihlen city ($56,737), Pipestone city ($77,016), and Trosky city ($76,737).

56164$88,722
Hatfield city$67,142
Ihlen city$56,737
Pipestone city$77,016
Trosky city$76,737
Lincoln County$82,712
Pipestone County$84,111

56164 Per-Capita Income

The per-capita income for 56164 is $36,840. The per capita income ($36,840) for 56164 is less than the per capita income for 56186 ($38,936). But it's more than 57028 ($33,228), 56128 ($34,121), 56139 ($29,580), 56140 ($34,023), 56144 ($31,952), 56149 ($31,448), 57026 ($33,363), Pipestone County ($34,973), Lincoln County ($35,638), Hatfield city ($25,178), Ihlen city ($34,718), Pipestone city ($33,725), and Trosky city ($28,897).

56164$36,840
Hatfield city$25,178
Ihlen city$34,718
Pipestone city$33,725
Trosky city$28,897
Lincoln County$35,638
Pipestone County$34,973

56164 High Income Households

7.4% of households make over $200,000 a year. The percent high income households (7.4%) for 56164 is more than 57028 (5.0%), 56139 (2.9%), 56140 (0.0%), 56144 (6.1%), 56149 (2.7%), 56186 (7.5%), 57026 (3.4%), 56128 (6.2%), Pipestone County (6.0%), Lincoln County (4.6%), Hatfield city (0.0%), Ihlen city (0.0%), Pipestone city (5.8%), and Trosky city (3.7%).

561647.4%
Hatfield city0.0%
Ihlen city0.0%
Pipestone city5.8%
Trosky city3.7%
Lincoln County4.6%
Pipestone County6.0%

56164 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56164$55,547$79,283$83,362$46,750
Hatfield city$-1$-1$-1$-1
Ihlen city$-1$68,750$-1$60,625
Pipestone city$56,016$78,135$77,177$45,735
Trosky city$-1$58,125$100,625$52,917
Lincoln County$61,875$79,091$77,065$45,595
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 56164 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+
56164+/-$7,246+/-$6,215+/-$2,994+/-2.2%+/-$9,825+/-$2,485+/-$10,529+/-$4,886
Hatfield city+/-$47,018+/-$23,516+/-$10,263+/-67.2%+/-$-1+/-$-1+/-$-1+/-$-1
Ihlen city+/-$5,110+/-$12,736+/-$10,451+/-35.1%+/-$-1+/-$66,591+/-$-1+/-$5,378
Pipestone city+/-$14,768+/-$7,611+/-$3,984+/-2.7%+/-$50,985+/-$15,157+/-$11,884+/-$8,949
Trosky city+/-$10,973+/-$25,422+/-$9,877+/-6.4%+/-$-1+/-$14,709+/-$91,991+/-$15,698
Lincoln County+/-$4,715+/-$5,162+/-$1,901+/-1.1%+/-$26,169+/-$8,869+/-$6,885+/-$5,187
Pipestone County+/-$5,833+/-$4,392+/-$1,920+/-1.5%+/-$9,831+/-$8,103+/-$8,171+/-$3,684