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56362 Income Statistics

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Comparison to Surrounding Areas

56362 Median Household Income

The median household income ($78,033) for 56362 is less than the median household income for 56209 ($80,179), 56273 ($87,262), 56307 ($89,375), 56331 ($93,424), 56368 ($90,568), and Lake Henry city ($96,250). But it's more than 56376 ($70,833), 55329 ($73,100), 56243 ($64,583), 56312 ($69,375), 56352 ($64,231), 56371 ($43,750), Kandiyohi County ($73,285), Meeker County ($75,926), Stearns County ($73,105), Paynesville city ($67,768), Roscoe city ($43,250), and St. Martin city ($72,083).

56362$78,033
Lake Henry city$96,250
Paynesville city$67,768
Roscoe city$43,250
St. Martin city$72,083
Meeker County$75,926
Stearns County$73,105
Kandiyohi County$73,285

56362 Average Household Income

The average household income ($100,121) for 56362 is less than the average household income for 56273 ($101,651), 56307 ($103,064), and 56331 ($125,707). But it's more than 56376 ($73,982), 55329 ($86,124), 56209 ($92,297), 56243 ($83,419), 56312 ($88,275), 56352 ($84,041), 56368 ($98,680), 56371 ($57,077), Stearns County ($92,557), Meeker County ($93,631), Kandiyohi County ($89,005), St. Martin city ($73,966), Paynesville city ($76,130), Lake Henry city ($77,667), and Roscoe city ($55,092).

56362$100,121
Lake Henry city$77,667
Paynesville city$76,130
Roscoe city$55,092
St. Martin city$73,966
Meeker County$93,631
Stearns County$92,557
Kandiyohi County$89,005

56362 Per-Capita Income

The per-capita income for 56362 is $40,540. The per capita income ($40,540) for 56362 is less than the per capita income for 56273 ($40,973) and 56331 ($43,622). But it's more than 56376 ($32,174), 56209 ($34,536), 56243 ($31,732), 56307 ($38,945), 56312 ($33,553), 56352 ($34,648), 56368 ($39,067), 56371 ($22,850), 55329 ($33,806), Stearns County ($36,087), Meeker County ($37,233), Kandiyohi County ($35,814), St. Martin city ($32,395), Paynesville city ($33,622), Lake Henry city ($37,349), and Roscoe city ($22,582).

56362$40,540
Lake Henry city$37,349
Paynesville city$33,622
Roscoe city$22,582
St. Martin city$32,395
Meeker County$37,233
Stearns County$36,087
Kandiyohi County$35,814

56362 High Income Households

5.4% of households make over $200,000 a year. The percent high income households (5.4%) for 56362 is more than 56376 (3.1%), 56273 (6.8%), 56307 (7.7%), 56312 (5.0%), 56331 (10.0%), 56352 (6.7%), 56368 (5.2%), 56371 (0.0%), 55329 (2.4%), 56209 (4.6%), 56243 (5.1%), Stearns County (7.3%), Meeker County (5.1%), Kandiyohi County (6.1%), St. Martin city (3.1%), Paynesville city (0.9%), Lake Henry city (0.0%), and Roscoe city (0.0%).

563625.4%
Lake Henry city0.0%
Paynesville city0.9%
Roscoe city0.0%
St. Martin city3.1%
Meeker County5.1%
Stearns County7.3%
Kandiyohi County6.1%

56362 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56362$28,472$101,063$97,885$53,245
Lake Henry city$-1$107,778$-1$97,969
Paynesville city$-1$96,354$79,896$41,141
Roscoe city$-1$-1$88,750$-1
St. Martin city$-1$98,125$65,417$22,500
Meeker County$48,194$91,532$93,457$46,829
Stearns County$46,818$82,858$94,567$49,751
Kandiyohi County$44,265$84,476$85,126$58,785

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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 56362 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+
56362+/-$3,645+/-$15,334+/-$5,309+/-1.8%+/-$13,387+/-$10,442+/-$12,088+/-$3,692
Lake Henry city+/-$34,504+/-$17,374+/-$10,914+/-37.2%+/-$-1+/-$33,501+/-$-1+/-$82,984
Paynesville city+/-$12,453+/-$7,024+/-$3,139+/-1.0%+/-$-1+/-$20,146+/-$13,840+/-$11,321
Roscoe city+/-$18,161+/-$20,086+/-$6,213+/-38.2%+/-$-1+/-$-1+/-$87,885+/-$-1
St. Martin city+/-$14,204+/-$9,652+/-$4,384+/-2.7%+/-$-1+/-$10,462+/-$26,155+/-$13,654
Meeker County+/-$2,837+/-$4,267+/-$1,522+/-0.9%+/-$14,915+/-$3,357+/-$5,914+/-$2,510
Stearns County+/-$1,731+/-$1,837+/-$702+/-0.7%+/-$5,959+/-$2,465+/-$3,763+/-$2,563
Kandiyohi County+/-$3,549+/-$3,306+/-$1,300+/-0.9%+/-$8,575+/-$4,898+/-$5,489+/-$4,710