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56501 Income Statistics

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Comparison to Surrounding Areas

56501 Median Household Income

The median household income ($68,413) for 56501 is less than the median household income for 56511 ($82,330), 56544 ($69,063), 56572 ($73,609), 56578 ($89,688), 56587 ($76,053), and Becker County ($68,683). But it's more than 56521 ($65,625), 56570 ($62,679), 56575 ($53,603), Otter Tail County ($67,990), and Detroit Lakes city ($60,317).

56501$68,413
Detroit Lakes city$60,317
Becker County$68,683
Otter Tail County$67,990

56501 Average Household Income

The average household income ($100,174) for 56501 is less than the average household income for 56511 ($111,006) and 56578 ($102,921). But it's more than 56587 ($99,124), 56570 ($73,274), 56572 ($89,812), 56575 ($68,619), 56521 ($84,377), 56544 ($84,996), Otter Tail County ($86,947), Becker County ($93,555), and Detroit Lakes city ($98,873).

56501$100,174
Detroit Lakes city$98,873
Becker County$93,555
Otter Tail County$86,947

56501 Per-Capita Income

The per-capita income for 56501 is $42,333. The per capita income ($42,333) for 56501 is less than the per capita income for 56511 ($46,087), 56578 ($43,979), 56587 ($46,221), and Detroit Lakes city ($42,588). But it's more than 56544 ($34,153), 56572 ($37,336), 56575 ($29,603), 56521 ($37,264), 56570 ($32,368), Otter Tail County ($37,202), and Becker County ($38,444).

56501$42,333
Detroit Lakes city$42,588
Becker County$38,444
Otter Tail County$37,202

56501 High Income Households

8.3% of households make over $200,000 a year. The percent high income households (8.3%) for 56501 is more than 56587 (9.5%), 56572 (6.6%), 56575 (4.3%), 56578 (7.4%), 56511 (8.2%), 56521 (2.9%), 56544 (3.9%), 56570 (2.9%), Otter Tail County (6.4%), Becker County (6.7%), and Detroit Lakes city (8.2%).

565018.3%
Detroit Lakes city8.2%
Becker County6.7%
Otter Tail County6.4%

56501 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56501$41,845$87,132$73,594$56,357
Detroit Lakes city$40,119$72,813$67,647$51,250
Becker County$41,477$84,009$79,360$52,738
Otter Tail County$41,955$84,213$82,839$49,023

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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 56501 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+
56501+/-$3,794+/-$8,831+/-$3,545+/-1.4%+/-$5,324+/-$10,941+/-$11,125+/-$5,769
Detroit Lakes city+/-$6,673+/-$15,066+/-$5,949+/-2.2%+/-$15,004+/-$10,708+/-$11,794+/-$11,893
Becker County+/-$2,197+/-$4,783+/-$1,844+/-0.8%+/-$2,529+/-$7,590+/-$4,294+/-$3,854
Otter Tail County+/-$2,597+/-$2,258+/-$903+/-0.7%+/-$9,043+/-$3,690+/-$5,386+/-$2,379