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56229 Income Statistics

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Comparison to Surrounding Areas

56229 Median Household Income

The median household income ($93,194) for 56229 is more than 56297 ($81,875), 56258 ($65,903), 56264 ($73,359), 56292 ($70,000), 56223 ($66,354), 56245 ($82,000), Yellow Medicine County ($70,605), Lyon County ($68,919), and Cottonwood city ($79,457).

56229$93,194
Cottonwood city$79,457
Lyon County$68,919
Yellow Medicine County$70,605

56229 Average Household Income

The average household income ($106,298) for 56229 is more than 56297 ($94,508), 56258 ($88,580), 56264 ($85,788), 56292 ($83,397), 56223 ($82,138), 56245 ($90,425), Yellow Medicine County ($87,454), Lyon County ($88,922), and Cottonwood city ($92,351).

56229$106,298
Cottonwood city$92,351
Lyon County$88,922
Yellow Medicine County$87,454

56229 Per-Capita Income

The per-capita income for 56229 is $45,929. The per capita income ($45,929) for 56229 is more than 56297 ($38,396), 56258 ($34,701), 56264 ($35,478), 56292 ($29,703), 56223 ($31,968), 56245 ($35,926), Yellow Medicine County ($36,737), Lyon County ($35,256), and Cottonwood city ($40,715).

56229$45,929
Cottonwood city$40,715
Lyon County$35,256
Yellow Medicine County$36,737

56229 High Income Households

6.7% of households make over $200,000 a year. The percent high income households (6.7%) for 56229 is more than 56297 (6.6%), 56258 (6.1%), 56264 (4.9%), 56292 (1.5%), 56223 (3.6%), 56245 (10.2%), Yellow Medicine County (6.1%), Lyon County (5.7%), and Cottonwood city (4.3%).

562296.7%
Cottonwood city4.3%
Lyon County5.7%
Yellow Medicine County6.1%

56229 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56229$135,341$92,500$97,250$79,412
Cottonwood city$135,625$81,000$79,167$78,015
Lyon County$27,313$79,253$90,976$47,212
Yellow Medicine County$58,015$79,243$83,841$50,350

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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 56229 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+
56229+/-$8,123+/-$12,401+/-$6,466+/-2.8%+/-$119,118+/-$12,313+/-$17,656+/-$11,464
Cottonwood city+/-$9,178+/-$10,744+/-$5,336+/-2.2%+/-$93,700+/-$23,947+/-$47,389+/-$8,884
Lyon County+/-$3,026+/-$4,664+/-$1,824+/-1.2%+/-$5,569+/-$8,214+/-$6,956+/-$8,634
Yellow Medicine County+/-$4,435+/-$3,852+/-$1,389+/-1.2%+/-$16,244+/-$4,571+/-$3,034+/-$4,254