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The median household income ($73,162) for 56531 is less than the median household income for 56248 ($82,031), 56274 ($115,972), 56309 ($83,594), 56324 ($79,219), and 56326 ($81,765). But it's more than 56311 ($70,938), 56537 ($62,279), 56590 ($70,000), Grant County ($72,957), and Elbow Lake city ($56,786).
| 56531 | $73,162 |
| Elbow Lake city | $56,786 |
| Grant County | $72,957 |
The average household income ($105,526) for 56531 is less than the average household income for 56274 ($133,709). But it's more than 56590 ($92,376), 56326 ($94,192), 56537 ($82,488), 56248 ($90,823), 56309 ($101,253), 56311 ($72,938), 56324 ($98,748), Grant County ($92,164), and Elbow Lake city ($77,152).
| 56531 | $105,526 |
| Elbow Lake city | $77,152 |
| Grant County | $92,164 |
The per-capita income for 56531 is $42,952. The per capita income ($42,952) for 56531 is less than the per capita income for 56248 ($43,711). But it's more than 56590 ($40,180), 56326 ($38,921), 56537 ($36,423), 56274 ($42,643), 56309 ($39,541), 56311 ($33,040), 56324 ($42,042), Grant County ($38,893), and Elbow Lake city ($32,192).
| 56531 | $42,952 |
| Elbow Lake city | $32,192 |
| Grant County | $38,893 |
8% of households make over $200,000 a year. The percent high income households (8.0%) for 56531 is less than the percent high income households for 56309 (9.3%) and 56590 (10.8%). But it's more than 56537 (6.6%), 56324 (7.4%), 56326 (6.4%), 56248 (5.1%), 56274 (7.4%), 56311 (1.8%), Grant County (6.3%), and Elbow Lake city (4.6%).
| 56531 | 8.0% |
| Elbow Lake city | 4.6% |
| Grant County | 6.3% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 56531 | $33,125 | $68,889 | $87,500 | $59,792 |
| Elbow Lake city | $32,969 | $65,375 | $74,167 | $47,917 |
| Grant County | $33,125 | $85,662 | $85,833 | $54,457 |
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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 2023 5-year estimates. You can find this information and other demographics for 56531 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.
| 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 | +/-$8,581 | +/-$19,299 | +/-$6,528 | +/-2.5% | +/-$2,112 | +/-$9,701 | +/-$10,785 | +/-$14,018 |
| Elbow Lake city | +/-$11,211 | +/-$10,817 | +/-$4,751 | +/-2.4% | +/-$2,656 | +/-$23,246 | +/-$13,807 | +/-$29,102 |
| Grant County | +/-$5,215 | +/-$6,839 | +/-$2,548 | +/-1.3% | +/-$1,717 | +/-$6,440 | +/-$8,371 | +/-$4,935 |
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