56434 Map

56434 Income Statistics

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Comparison to Surrounding Areas

56434 Median Household Income

The median household income ($53,438) for 56434 is less than the median household income for 56437 ($55,417), 56479 ($56,278), 56481 ($63,977), Todd County ($63,216), and Wadena County ($54,747). But it's more than Aldrich city ($51,250).

56434$53,438
Aldrich city$51,250
Todd County$63,216
Wadena County$54,747

56434 Average Household Income

The average household income ($85,755) for 56434 is more than 56437 ($64,787), 56479 ($69,784), 56481 ($72,198), Todd County ($76,266), Wadena County ($68,445), and Aldrich city ($58,259).

56434$85,755
Aldrich city$58,259
Todd County$76,266
Wadena County$68,445

56434 Per-Capita Income

The per-capita income for 56434 is $26,982. The per capita income ($26,982) for 56434 is less than the per capita income for 56479 ($27,965), 56481 ($29,008), Todd County ($30,812), Wadena County ($28,011), and Aldrich city ($29,471). But it's more than 56437 ($23,753).

56434$26,982
Aldrich city$29,471
Todd County$30,812
Wadena County$28,011

56434 High Income Households

9.3% of households make over $200,000 a year. The percent high income households (9.3%) for 56434 is more than 56437 (1.5%), 56479 (3.7%), 56481 (1.5%), Todd County (3.5%), Wadena County (2.2%), and Aldrich city (0.0%).

564349.3%
Aldrich city0.0%
Todd County3.5%
Wadena County2.2%

56434 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56434$-1$82,500$54,063$50,000
Aldrich city$-1$-1$54,375$33,125
Todd County$42,424$78,080$76,519$43,812
Wadena County$44,094$71,898$63,231$42,034

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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 56434 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+
56434+/-$11,923+/-$31,291+/-$10,271+/-13.2%+/-$-1+/-$43,406+/-$39,297+/-$17,947
Aldrich city+/-$28,884+/-$15,482+/-$12,488+/-56.4%+/-$-1+/-$-1+/-$31,878+/-$5,561
Todd County+/-$3,456+/-$2,037+/-$765+/-0.5%+/-$16,064+/-$3,339+/-$2,051+/-$2,670
Wadena County+/-$2,697+/-$3,593+/-$1,494+/-0.8%+/-$9,523+/-$13,247+/-$5,885+/-$6,617