56368 Map

56368 Income Statistics

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Comparison to Surrounding Areas

56368 Median Household Income

The median household income ($90,568) for 56368 is less than the median household income for 56310 ($100,446) and 56320 ($95,625). But it's more than 56374 ($80,386), 56362 ($78,033), 56371 ($43,750), 55329 ($73,100), 55389 ($86,625), 56307 ($89,375), Stearns County ($73,105), and Richmond city ($64,865).

56368$90,568
Richmond city$64,865
Stearns County$73,105

56368 Average Household Income

The average household income ($98,680) for 56368 is less than the average household income for 56307 ($103,064), 56310 ($108,796), 56320 ($109,816), 56362 ($100,121), and 56374 ($102,390). But it's more than 55329 ($86,124), 55389 ($93,744), 56371 ($57,077), Stearns County ($92,557), and Richmond city ($76,362).

56368$98,680
Richmond city$76,362
Stearns County$92,557

56368 Per-Capita Income

The per-capita income for 56368 is $39,067. The per capita income ($39,067) for 56368 is less than the per capita income for 56310 ($41,179), 56320 ($42,098), and 56362 ($40,540). But it's more than 55389 ($31,776), 56371 ($22,850), 56374 ($35,594), 55329 ($33,806), 56307 ($38,945), Stearns County ($36,087), and Richmond city ($31,730).

56368$39,067
Richmond city$31,730
Stearns County$36,087

56368 High Income Households

5.2% of households make over $200,000 a year. The percent high income households (5.2%) for 56368 is more than 56374 (10.7%), 56362 (5.4%), 56371 (0.0%), 55329 (2.4%), 55389 (4.8%), 56307 (7.7%), 56310 (8.7%), 56320 (10.0%), Stearns County (7.3%), and Richmond city (0.9%).

563685.2%
Richmond city0.9%
Stearns County7.3%

56368 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56368$-1$113,889$96,422$44,565
Richmond city$-1$71,667$86,667$31,635
Stearns County$46,818$82,858$94,567$49,751

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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 56368 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+
56368+/-$7,347+/-$7,190+/-$2,851+/-1.6%+/-$-1+/-$9,731+/-$9,616+/-$14,328
Richmond city+/-$5,259+/-$8,114+/-$3,079+/-0.8%+/-$-1+/-$43,177+/-$15,696+/-$10,183
Stearns County+/-$1,731+/-$1,837+/-$702+/-0.7%+/-$5,959+/-$2,465+/-$3,763+/-$2,563