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56175 Income Statistics

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Comparison to Surrounding Areas

56175 Median Household Income

The median household income ($69,875) for 56175 is less than the median household income for Murray County ($71,500) and The Lakes CDP ($85,833). But it's more than 56263 ($69,063), 56172 ($69,808), 56180 ($64,219), 56258 ($65,903), 56115 ($65,455), 56123 ($56,875), 56132 ($64,750), Redwood County ($65,617), Lyon County ($68,919), and Tracy city ($63,201).

56175$69,875
The Lakes CDP$85,833
Tracy city$63,201
Lyon County$68,919
Murray County$71,500
Redwood County$65,617

56175 Average Household Income

The average household income ($85,485) for 56175 is less than the average household income for 56263 ($87,091), 56172 ($87,556), 56180 ($86,274), 56258 ($88,580), 56132 ($97,528), Murray County ($86,878), Lyon County ($88,922), and The Lakes CDP ($109,065). But it's more than 56115 ($79,010), 56123 ($77,265), Redwood County ($80,890), and Tracy city ($75,134).

56175$85,485
The Lakes CDP$109,065
Tracy city$75,134
Lyon County$88,922
Murray County$86,878
Redwood County$80,890

56175 Per-Capita Income

The per-capita income for 56175 is $33,390. The per capita income ($33,390) for 56175 is less than the per capita income for 56263 ($35,397), 56172 ($40,876), 56180 ($33,985), 56258 ($34,701), 56123 ($37,249), 56132 ($47,177), Murray County ($38,783), Lyon County ($35,256), and The Lakes CDP ($55,226). But it's more than 56115 ($32,573), Redwood County ($33,175), and Tracy city ($28,717).

56175$33,390
The Lakes CDP$55,226
Tracy city$28,717
Lyon County$35,256
Murray County$38,783
Redwood County$33,175

56175 High Income Households

5.0% of households make over $200,000 a year. The percent high income households (5.0%) for 56175 is more than 56263 (3.1%), 56123 (3.8%), 56132 (6.2%), 56172 (7.3%), 56180 (6.2%), 56258 (6.1%), 56115 (3.4%), Murray County (6.5%), Redwood County (3.7%), Lyon County (5.7%), The Lakes CDP (12.1%), and Tracy city (3.2%).

561755.0%
The Lakes CDP12.1%
Tracy city3.2%
Lyon County5.7%
Murray County6.5%
Redwood County3.7%

56175 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56175$55,000$90,313$74,167$39,536
The Lakes CDP$-1$87,500$124,000$71,250
Tracy city$41,875$83,611$72,411$32,500
Lyon County$27,313$79,253$90,976$47,212
Murray County$45,234$82,165$87,833$49,773
Redwood County$33,333$77,283$73,862$47,813

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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 56175 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+
56175+/-$10,831+/-$8,147+/-$3,284+/-3.0%+/-$20,188+/-$14,065+/-$18,134+/-$5,124
The Lakes CDP+/-$16,615+/-$9,246+/-$5,397+/-4.3%+/-$-1+/-$31,777+/-$20,397+/-$11,211
Tracy city+/-$11,606+/-$11,228+/-$4,161+/-4.5%+/-$11,075+/-$15,453+/-$13,123+/-$10,955
Lyon County+/-$3,026+/-$4,664+/-$1,824+/-1.2%+/-$5,569+/-$8,214+/-$6,956+/-$8,634
Murray County+/-$3,724+/-$3,034+/-$1,393+/-0.9%+/-$15,337+/-$9,399+/-$8,848+/-$6,639
Redwood County+/-$3,497+/-$2,996+/-$1,205+/-0.8%+/-$13,162+/-$8,504+/-$3,614+/-$6,352