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56227 Income Statistics

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Comparison to Surrounding Areas

56227 Median Household Income

The median household income ($91,705) for 56227 is more than 56221 ($67,969), 56276 ($58,750), 56278 ($61,827), 56208 ($53,750), 56256 ($56,728), Big Stone County ($63,024), and Correll city ($50,000).

56227$91,705
Correll city$50,000
Big Stone County$63,024

56227 Average Household Income

The average household income ($106,647) for 56227 is more than 56221 ($75,908), 56276 ($78,860), 56278 ($76,838), 56208 ($76,061), 56256 ($75,065), Big Stone County ($79,511), and Correll city ($59,367).

56227$106,647
Correll city$59,367
Big Stone County$79,511

56227 Per-Capita Income

The per-capita income for 56227 is $42,271. The per capita income ($42,271) for 56227 is more than 56221 ($35,540), 56276 ($38,116), 56278 ($36,045), 56208 ($34,757), 56256 ($35,875), Big Stone County ($35,797), and Correll city ($22,520).

56227$42,271
Correll city$22,520
Big Stone County$35,797

56227 High Income Households

6.1% of households make over $200,000 a year. The percent high income households (6.1%) for 56227 is more than 56221 (3.1%), 56276 (8.3%), 56278 (4.0%), 56208 (2.6%), 56256 (4.7%), Big Stone County (4.4%), and Correll city (0.0%).

562276.1%
Correll city0.0%
Big Stone County4.4%

56227 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56227$-1$111,250$90,625$81,875
Correll city$-1$76,250$-1$-1
Big Stone County$88,102$76,250$69,769$41,898

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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 56227 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+
56227+/-$15,125+/-$34,878+/-$16,511+/-8.1%+/-$-1+/-$65,972+/-$55,546+/-$52,792
Correll city+/-$43,013+/-$26,796+/-$9,199+/-95.0%+/-$-1+/-$40,113+/-$-1+/-$-1
Big Stone County+/-$5,327+/-$6,328+/-$2,760+/-1.6%+/-$23,001+/-$12,211+/-$13,129+/-$5,233