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56431 Income Statistics

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Comparison to Surrounding Areas

56431 Median Household Income

The median household income ($59,590) for 56431 is less than the median household income for 56401 ($62,275), 56444 ($70,694), 56447 ($65,000), 56450 ($59,896), and Crow Wing County ($65,975). But it's more than 56469 ($59,250), 56359 ($55,575), 56441 ($51,033), 55760 ($55,938), 56342 ($58,750), 56350 ($38,250), Aitkin County ($56,406), and Aitkin city ($37,177).

56431$59,590
Aitkin city$37,177
Aitkin County$56,406
Crow Wing County$65,975

56431 Average Household Income

The average household income ($73,620) for 56431 is less than the average household income for 55760 ($74,173), 56342 ($83,106), 56401 ($79,277), 56444 ($96,011), 56447 ($84,362), and Crow Wing County ($85,233). But it's more than 56359 ($72,138), 56450 ($68,753), 56469 ($64,935), 56350 ($57,132), 56441 ($72,734), Aitkin County ($71,757), and Aitkin city ($49,043).

56431$73,620
Aitkin city$49,043
Aitkin County$71,757
Crow Wing County$85,233

56431 Per-Capita Income

The per-capita income for 56431 is $34,326. The per capita income ($34,326) for 56431 is less than the per capita income for 56342 ($39,620), 56441 ($35,246), 56444 ($40,472), 56447 ($42,940), 56450 ($34,515), and Crow Wing County ($36,878). But it's more than 56350 ($28,909), 56401 ($33,237), 56469 ($34,128), 55760 ($32,319), 56359 ($28,112), Aitkin County ($32,980), and Aitkin city ($23,302).

56431$34,326
Aitkin city$23,302
Aitkin County$32,980
Crow Wing County$36,878

56431 High Income Households

3.5% of households make over $200,000 a year. The percent high income households (3.5%) for 56431 is more than 56469 (1.9%), 56444 (7.8%), 56447 (7.4%), 56450 (2.2%), 55760 (5.3%), 56342 (5.8%), 56350 (1.6%), 56359 (5.3%), 56401 (5.9%), 56441 (3.3%), Crow Wing County (6.1%), Aitkin County (3.4%), and Aitkin city (0.0%).

564313.5%
Aitkin city0.0%
Aitkin County3.4%
Crow Wing County6.1%

56431 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56431$53,438$76,058$76,486$49,688
Aitkin city$-1$45,956$58,068$24,118
Aitkin County$45,781$76,146$70,000$44,977
Crow Wing County$52,657$79,288$79,105$55,517

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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 56431 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+
56431+/-$4,067+/-$3,001+/-$1,564+/-0.8%+/-$36,867+/-$11,973+/-$4,709+/-$4,756
Aitkin city+/-$8,916+/-$4,893+/-$2,352+/-2.3%+/-$-1+/-$5,670+/-$13,817+/-$4,825
Aitkin County+/-$2,136+/-$2,117+/-$1,014+/-0.6%+/-$18,837+/-$6,219+/-$3,302+/-$2,158
Crow Wing County+/-$2,138+/-$2,367+/-$979+/-0.8%+/-$3,857+/-$8,078+/-$4,460+/-$2,308