56265 Map

56265 Income Statistics

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Comparison to Surrounding Areas

56265 Median Household Income

The median household income ($72,564) for 56265 is less than the median household income for 56218 ($81,563), 56231 ($111,250), 56232 ($77,132), 56260 ($72,813), and 56262 ($85,156). But it's more than 56295 ($58,333), 56208 ($56,196), 56215 ($58,198), 56223 ($65,250), 56241 ($66,354), 56271 ($70,395), Lac qui Parle County ($71,639), Yellow Medicine County ($71,573), Chippewa County ($69,192), Montevideo city ($65,724), and Watson city ($38,958).

56265$72,564
Montevideo city$65,724
Watson city$38,958
Chippewa County$69,192
Lac qui Parle County$71,639
Yellow Medicine County$71,573

56265 Average Household Income

The average household income ($83,211) for 56265 is less than the average household income for 56271 ($87,471), 56241 ($92,966), 56260 ($85,599), 56262 ($104,489), 56215 ($85,027), 56218 ($93,308), 56231 ($108,887), 56232 ($98,835), Lac qui Parle County ($91,856), Yellow Medicine County ($92,166), and Chippewa County ($83,510). But it's more than 56208 ($75,083), 56223 ($83,201), 56295 ($80,802), Montevideo city ($69,482), and Watson city ($56,568).

56265$83,211
Montevideo city$69,482
Watson city$56,568
Chippewa County$83,510
Lac qui Parle County$91,856
Yellow Medicine County$92,166

56265 Per-Capita Income

The per-capita income for 56265 is $35,616. The per capita income ($35,616) for 56265 is less than the per capita income for 56295 ($35,905), 56241 ($40,773), 56260 ($39,935), 56215 ($36,609), 56218 ($44,822), 56231 ($41,891), 56232 ($39,908), Yellow Medicine County ($38,668), and Lac qui Parle County ($40,282). But it's more than 56208 ($34,089), 56223 ($33,911), 56262 ($35,559), 56271 ($34,559), Chippewa County ($35,205), Montevideo city ($30,769), and Watson city ($27,331).

56265$35,616
Montevideo city$30,769
Watson city$27,331
Chippewa County$35,205
Lac qui Parle County$40,282
Yellow Medicine County$38,668

56265 High Income Households

5.9% of households make over $200,000 a year. The percent high income households (5.9%) for 56265 is less than the percent high income households for 56218 (6.6%), 56271 (7.9%), 56295 (6.6%), 56215 (6.2%), 56232 (8.1%), Yellow Medicine County (7.0%), and Lac qui Parle County (7.2%). But it's more than 56262 (4.1%), 56231 (5.8%), 56241 (5.3%), 56260 (4.6%), 56208 (3.6%), 56223 (5.7%), Chippewa County (4.9%), Montevideo city (2.9%), and Watson city (2.1%).

562655.9%
Montevideo city2.9%
Watson city2.1%
Chippewa County4.9%
Lac qui Parle County7.2%
Yellow Medicine County7.0%

56265 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56265$19,063$78,750$81,856$60,809
Montevideo city$18,359$74,420$71,964$51,180
Watson city$-1$72,000$-1$30,972
Chippewa County$40,278$80,357$80,644$51,976
Lac qui Parle County$69,167$83,804$84,750$55,045
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 56265 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+
56265+/-$5,540+/-$6,095+/-$2,546+/-2.0%+/-$11,761+/-$7,292+/-$10,652+/-$15,637
Montevideo city+/-$11,531+/-$6,796+/-$2,790+/-2.4%+/-$17,166+/-$4,635+/-$28,661+/-$9,702
Watson city+/-$20,850+/-$15,983+/-$7,229+/-2.7%+/-$-1+/-$30,667+/-$-1+/-$4,792
Chippewa County+/-$4,582+/-$4,853+/-$1,643+/-1.3%+/-$26,074+/-$6,635+/-$8,259+/-$7,949
Lac qui Parle County+/-$3,965+/-$4,632+/-$1,952+/-1.4%+/-$33,995+/-$7,863+/-$5,435+/-$9,121
Yellow Medicine County+/-$5,044+/-$4,435+/-$1,875+/-1.1%+/-$21,404+/-$4,890+/-$4,473+/-$5,247