56180 Income Statistics

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Comparison to Surrounding Areas

56180 Median Household Income

The median household income ($64,219) for 56180 is less than the median household income for 56166 ($72,500), 56255 ($67,955), 56263 ($69,063), 56152 ($71,750), 56175 ($69,875), Redwood County ($65,617), and Murray County ($71,500). But it's more than 56123 ($56,875), 56183 ($52,368), Cottonwood County ($63,586), and Walnut Grove city ($61,354).

56180	$64,219
Walnut Grove city	$61,354
Cottonwood County	$63,586
Murray County	$71,500
Redwood County	$65,617

56180 Average Household Income

The average household income ($86,274) for 56180 is less than the average household income for 56263 ($87,091) and Murray County ($86,878). But it's more than 56255 ($67,101), 56166 ($83,840), 56175 ($85,485), 56183 ($69,893), 56123 ($77,265), 56152 ($81,685), Redwood County ($80,890), Cottonwood County ($79,763), and Walnut Grove city ($62,876).

56180	$86,274
Walnut Grove city	$62,876
Cottonwood County	$79,763
Murray County	$86,878
Redwood County	$80,890

56180 Per-Capita Income

The per-capita income for 56180 is $33,985. The per capita income ($33,985) for 56180 is less than the per capita income for 56123 ($37,249), 56263 ($35,397), and Murray County ($38,783). But it's more than 56255 ($30,196), 56166 ($32,755), 56175 ($33,390), 56183 ($33,786), 56152 ($33,294), Redwood County ($33,175), Cottonwood County ($32,818), and Walnut Grove city ($26,347).

56180	$33,985
Walnut Grove city	$26,347
Cottonwood County	$32,818
Murray County	$38,783
Redwood County	$33,175

56180 High Income Households

6.2% of households make over $200,000 a year. The percent high income households (6.2%) for 56180 is more than 56263 (3.1%), 56166 (0.0%), 56175 (5.0%), 56183 (4.3%), 56255 (1.7%), 56123 (3.8%), 56152 (3.2%), Murray County (6.5%), Redwood County (3.7%), Cottonwood County (4.5%), and Walnut Grove city (0.7%).

56180	6.2%
Walnut Grove city	0.7%
Cottonwood County	4.5%
Murray County	6.5%
Redwood County	3.7%

56180 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
56180	$63,750	$63,750	$76,667	$61,607
Walnut Grove city	$65,000	$36,818	$69,271	$60,208
Cottonwood County	$44,783	$85,481	$82,045	$47,750
Murray County	$45,234	$82,165	$87,833	$49,773
Redwood County	$33,333	$77,283	$73,862	$47,813

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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 56180 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
56180	+/-$2,672	+/-$8,158	+/-$3,111	+/-2.4%	+/-$46,328	+/-$39,764	+/-$14,490	+/-$4,252
Walnut Grove city	+/-$5,133	+/-$5,262	+/-$2,651	+/-0.9%	+/-$37,734	+/-$17,242	+/-$9,408	+/-$19,591
Cottonwood County	+/-$6,049	+/-$3,919	+/-$1,575	+/-1.3%	+/-$8,403	+/-$8,925	+/-$6,212	+/-$6,119
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