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56386 Income Statistics

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Comparison to Surrounding Areas

56386 Median Household Income

The median household income ($49,896) for 56386 is less than the median household income for 55051 ($68,475), 56342 ($58,750), 56359 ($55,575), Mille Lacs County ($68,088), and Wahkon city ($51,000). But it's more than Isle city ($46,667).

56386$49,896
Isle city$46,667
Wahkon city$51,000
Mille Lacs County$68,088

56386 Average Household Income

The average household income ($65,331) for 56386 is less than the average household income for 55051 ($84,254), 56342 ($83,106), 56359 ($72,138), Mille Lacs County ($83,413), and Isle city ($69,559). But it's more than Wahkon city ($63,396).

56386$65,331
Isle city$69,559
Wahkon city$63,396
Mille Lacs County$83,413

56386 Per-Capita Income

The per-capita income for 56386 is $32,027. The per capita income ($32,027) for 56386 is less than the per capita income for 55051 ($34,736), 56342 ($39,620), Mille Lacs County ($33,933), and Isle city ($35,457). But it's more than 56359 ($28,112) and Wahkon city ($30,690).

56386$32,027
Isle city$35,457
Wahkon city$30,690
Mille Lacs County$33,933

56386 High Income Households

2.9% of households make over $200,000 a year. The percent high income households (2.9%) for 56386 is more than 55051 (4.8%), 56342 (5.8%), 56359 (5.3%), Mille Lacs County (4.3%), Isle city (4.6%), and Wahkon city (3.8%).

563862.9%
Isle city4.6%
Wahkon city3.8%
Mille Lacs County4.3%

56386 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56386$-1$65,500$67,917$34,063
Isle city$41,250$58,125$54,792$36,000
Wahkon city$-1$53,750$58,750$45,313
Mille Lacs County$42,727$75,968$86,200$45,149

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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 56386 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+
56386+/-$9,383+/-$7,752+/-$3,378+/-2.6%+/-$-1+/-$18,581+/-$17,807+/-$22,852
Isle city+/-$9,985+/-$13,011+/-$5,595+/-3.3%+/-$28,697+/-$26,007+/-$10,352+/-$8,903
Wahkon city+/-$8,066+/-$13,116+/-$6,452+/-4.6%+/-$-1+/-$11,577+/-$27,619+/-$8,617
Mille Lacs County+/-$3,030+/-$3,602+/-$1,359+/-0.8%+/-$22,461+/-$9,557+/-$6,947+/-$3,453