56263 Map

56263 Income Statistics

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Comparison to Surrounding Areas

56263 Median Household Income

The median household income ($73,750) for 56263 is less than the median household income for 56292 ($80,156). But it's more than 56175 ($66,506), 56180 ($65,614), 56255 ($70,500), 56258 ($70,640), Redwood County ($67,024), Lyon County ($72,761), and Milroy city ($61,875).

56263$73,750
Milroy city$61,875
Lyon County$72,761
Redwood County$67,024

56263 Average Household Income

The average household income ($97,066) for 56263 is more than 56292 ($91,688), 56180 ($79,596), 56255 ($70,962), 56258 ($92,398), 56175 ($84,314), Redwood County ($82,811), Lyon County ($92,902), and Milroy city ($95,195).

56263$97,066
Milroy city$95,195
Lyon County$92,902
Redwood County$82,811

56263 Per-Capita Income

The per-capita income for 56263 is $38,852. The per capita income ($38,852) for 56263 is less than the per capita income for Milroy city ($39,065). But it's more than 56180 ($32,548), 56258 ($36,899), 56292 ($32,808), 56175 ($34,460), 56255 ($30,308), Redwood County ($33,771), and Lyon County ($37,201).

56263$38,852
Milroy city$39,065
Lyon County$37,201
Redwood County$33,771

56263 High Income Households

5% of households make over $200,000 a year. The percent high income households (5.0%) for 56263 is less than the percent high income households for 56175 (6.0%), 56180 (5.7%), 56258 (6.6%), 56292 (5.3%), and Lyon County (6.9%). But it's more than 56255 (0.6%), Redwood County (4.3%), and Milroy city (2.4%).

562635.0%
Milroy city2.4%
Lyon County6.9%
Redwood County4.3%

56263 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56263$54,375$92,500$83,125$73,125
Milroy city$61,875$58,750$64,167$50,625
Lyon County$27,788$87,404$90,357$44,985
Redwood County$35,313$83,250$78,142$47,158

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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 56263 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+
56263+/-$5,723+/-$15,482+/-$7,482+/-2.4%+/-$4,253+/-$35,075+/-$37,167+/-$6,247
Milroy city+/-$13,565+/-$30,810+/-$15,299+/-2.7%+/-$31,078+/-$39,923+/-$10,759+/-$39,166
Lyon County+/-$2,964+/-$5,693+/-$2,118+/-1.3%+/-$11,388+/-$6,764+/-$8,859+/-$7,405
Redwood County+/-$2,644+/-$3,904+/-$1,289+/-0.9%+/-$22,983+/-$10,764+/-$5,464+/-$3,511