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The median household income ($68,056) for 56531 is less than the median household income for 56248 ($76,964), 56274 ($110,000), 56309 ($71,250), 56311 ($68,750), 56324 ($76,667), 56326 ($74,063), and 56590 ($69,375). But it's more than 56537 ($59,824), Grant County ($67,600), and Elbow Lake city ($49,265).
| 56531 | $68,056 |
| Elbow Lake city | $49,265 |
| Grant County | $67,600 |
The average household income ($102,130) for 56531 is less than the average household income for 56274 ($125,367). But it's more than 56590 ($94,500), 56326 ($86,564), 56537 ($79,447), 56248 ($82,612), 56309 ($83,648), 56311 ($69,903), 56324 ($95,409), Grant County ($86,753), and Elbow Lake city ($71,960).
| 56531 | $102,130 |
| Elbow Lake city | $71,960 |
| Grant County | $86,753 |
The per-capita income for 56531 is $41,888. The per capita income ($41,888) for 56531 is less than the per capita income for 56274 ($44,117). But it's more than 56590 ($41,658), 56326 ($35,425), 56537 ($34,910), 56248 ($39,690), 56309 ($34,030), 56311 ($31,549), 56324 ($41,806), Grant County ($36,750), and Elbow Lake city ($30,859).
| 56531 | $41,888 |
| Elbow Lake city | $30,859 |
| Grant County | $36,750 |
6.3% of households make over $200,000 a year. The percent high income households (6.3%) for 56531 is more than 56590 (12.4%), 56326 (5.2%), 56537 (5.9%), 56248 (2.4%), 56274 (8.0%), 56309 (3.9%), 56311 (2.3%), 56324 (6.6%), Grant County (4.5%), and Elbow Lake city (3.8%).
| 56531 | 6.3% |
| Elbow Lake city | 3.8% |
| Grant County | 4.5% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 56531 | $31,250 | $73,375 | $82,250 | $46,932 |
| Elbow Lake city | $23,750 | $66,786 | $62,500 | $34,375 |
| Grant County | $50,417 | $85,179 | $75,521 | $47,404 |
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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 56531 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.
| 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+ | |||||
| 56531 | +/-$9,947 | +/-$19,291 | +/-$6,629 | +/-2.1% | +/-$11,209 | +/-$11,240 | +/-$15,381 | +/-$8,758 |
| Elbow Lake city | +/-$8,279 | +/-$10,918 | +/-$4,570 | +/-2.2% | +/-$13,916 | +/-$30,757 | +/-$24,758 | +/-$14,050 |
| Grant County | +/-$4,961 | +/-$6,682 | +/-$2,361 | +/-1.1% | +/-$39,960 | +/-$6,700 | +/-$10,003 | +/-$5,106 |
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