56241 Map

56241 Income Statistics

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Comparison to Surrounding Areas

56241 Median Household Income

The median household income ($66,354) for 56241 is less than the median household income for 56297 ($80,250), 56245 ($82,679), 56260 ($72,813), 56265 ($72,564), 56285 ($82,750), 56237 ($85,156), Renville County ($69,086), Yellow Medicine County ($71,573), Chippewa County ($69,192), and Hazel Run city ($76,250). But it's more than 56223 ($65,250) and Granite Falls city ($59,402).

56241$66,354
Granite Falls city$59,402
Hazel Run city$76,250
Chippewa County$69,192
Renville County$69,086
Yellow Medicine County$71,573

56241 Average Household Income

The average household income ($92,966) for 56241 is less than the average household income for 56237 ($105,058) and 56297 ($95,932). But it's more than 56285 ($90,400), 56223 ($83,201), 56245 ($90,771), 56260 ($85,599), 56265 ($83,211), Chippewa County ($83,510), Renville County ($86,499), Yellow Medicine County ($92,166), Granite Falls city ($82,732), and Hazel Run city ($83,919).

56241$92,966
Granite Falls city$82,732
Hazel Run city$83,919
Chippewa County$83,510
Renville County$86,499
Yellow Medicine County$92,166

56241 Per-Capita Income

The per-capita income for 56241 is $40,773. The per capita income ($40,773) for 56241 is less than the per capita income for 56237 ($44,909). But it's more than 56297 ($39,364), 56223 ($33,911), 56245 ($38,635), 56260 ($39,935), 56265 ($35,616), 56285 ($40,226), Renville County ($36,131), Yellow Medicine County ($38,668), Chippewa County ($35,205), Granite Falls city ($37,972), and Hazel Run city ($28,062).

56241$40,773
Granite Falls city$37,972
Hazel Run city$28,062
Chippewa County$35,205
Renville County$36,131
Yellow Medicine County$38,668

56241 High Income Households

5.3% of households make over $200,000 a year. The percent high income households (5.3%) for 56241 is less than the percent high income households for 56237 (6.9%), 56265 (5.9%), 56297 (10.2%), 56223 (5.7%), 56245 (9.1%), Yellow Medicine County (7.0%), and Hazel Run city (7.7%). But it's more than 56260 (4.6%), 56285 (2.6%), Chippewa County (4.9%), and Granite Falls city (2.9%). And it's the same as Renville County (5.3%).

562415.3%
Granite Falls city2.9%
Hazel Run city7.7%
Chippewa County4.9%
Renville County5.3%
Yellow Medicine County7.0%

56241 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56241$-1$74,375$101,397$53,047
Granite Falls city$-1$61,083$89,457$49,960
Hazel Run city$-1$87,857$-1$58,750
Chippewa County$40,278$80,357$80,644$51,976
Renville County$65,000$82,321$80,486$50,300
Yellow Medicine County$59,583$80,259$88,803$51,667

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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 2023 5-year estimates. You can find this information and other demographics for 56241 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
56241+/-$8,931+/-$9,271+/-$4,008+/-1.8%+/-$-1+/-$18,235+/-$30,387+/-$8,079
Granite Falls city+/-$4,803+/-$11,474+/-$5,196+/-2.1%+/-$-1+/-$28,463+/-$53,094+/-$7,139
Hazel Run city+/-$46,730+/-$26,711+/-$12,561+/-11.0%+/-$-1+/-$76,499+/-$-1+/-$34,238
Chippewa County+/-$4,582+/-$4,853+/-$1,643+/-1.3%+/-$26,074+/-$6,635+/-$8,259+/-$7,949
Renville County+/-$2,703+/-$2,863+/-$1,210+/-0.9%+/-$7,037+/-$7,508+/-$6,658+/-$5,812
Yellow Medicine County+/-$5,044+/-$4,435+/-$1,875+/-1.1%+/-$21,404+/-$4,890+/-$4,473+/-$5,247