56342 Map

56342 Income Statistics

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Comparison to Surrounding Areas

56342 Median Household Income

The median household income ($61,313) for 56342 is less than the median household income for 55037 ($61,319), 55051 ($71,232), 55735 ($62,125), 56431 ($64,846), Kanabec County ($71,915), and Mille Lacs County ($71,455). But it's more than 55072 ($57,500), 56350 ($40,000), 56359 ($57,852), 56386 ($52,344), Aitkin County ($59,498), and Isle city ($53,056).

56342$61,313
Isle city$53,056
Aitkin County$59,498
Kanabec County$71,915
Mille Lacs County$71,455

56342 Average Household Income

The average household income ($90,003) for 56342 is more than 56431 ($79,866), 55735 ($75,052), 56350 ($54,926), 56359 ($78,195), 56386 ($65,078), 55037 ($76,135), 55051 ($87,737), 55072 ($68,425), Kanabec County ($87,243), Mille Lacs County ($87,091), Aitkin County ($75,979), and Isle city ($76,891).

56342$90,003
Isle city$76,891
Aitkin County$75,979
Kanabec County$87,243
Mille Lacs County$87,091

56342 Per-Capita Income

The per-capita income for 56342 is $41,977. The per capita income ($41,977) for 56342 is more than 56431 ($37,010), 55735 ($33,014), 56350 ($27,050), 56359 ($31,157), 56386 ($31,956), 55037 ($30,562), 55051 ($35,528), 55072 ($24,528), Kanabec County ($35,290), Mille Lacs County ($35,500), Aitkin County ($35,185), and Isle city ($38,227).

56342$41,977
Isle city$38,227
Aitkin County$35,185
Kanabec County$35,290
Mille Lacs County$35,500

56342 High Income Households

8.3% of households make over $200,000 a year. The percent high income households (8.3%) for 56342 is more than 56431 (4.3%), 55735 (2.5%), 56350 (0.9%), 56359 (5.6%), 56386 (2.6%), 55037 (4.5%), 55051 (5.3%), 55072 (1.3%), Kanabec County (4.8%), Mille Lacs County (4.7%), Aitkin County (3.9%), and Isle city (5.8%).

563428.3%
Isle city5.8%
Aitkin County3.9%
Kanabec County4.8%
Mille Lacs County4.7%

56342 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56342$59,375$61,250$76,667$51,667
Isle city$52,813$61,563$56,964$46,607
Aitkin County$57,708$79,375$74,674$46,908
Kanabec County$75,217$94,268$79,509$46,964
Mille Lacs County$40,938$84,388$89,388$48,655

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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 56342 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+
56342+/-$4,633+/-$8,455+/-$4,071+/-1.7%+/-$17,993+/-$8,495+/-$7,701+/-$5,768
Isle city+/-$4,842+/-$12,544+/-$6,277+/-3.4%+/-$33,928+/-$13,457+/-$10,176+/-$6,909
Aitkin County+/-$2,209+/-$2,646+/-$1,031+/-0.7%+/-$27,884+/-$5,878+/-$5,417+/-$2,081
Kanabec County+/-$3,848+/-$3,741+/-$1,342+/-1.0%+/-$21,629+/-$7,297+/-$7,527+/-$5,643
Mille Lacs County+/-$3,257+/-$3,288+/-$1,186+/-0.8%+/-$12,884+/-$5,967+/-$8,555+/-$2,704