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56750 Income Statistics

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Comparison to Surrounding Areas

56750 Median Household Income

The median household income ($71,563) for 56750 is less than the median household income for 56701 ($71,781), 56722 ($72,500), 56736 ($81,563), 56748 ($83,750), 56754 ($86,000), and Red Lake County ($73,889). But it's more than 56715 ($56,000), 56716 ($54,521), Pennington County ($71,504), Polk County ($69,540), and Red Lake Falls city ($58,239).

56750$71,563
Red Lake Falls city$58,239
Pennington County$71,504
Polk County$69,540
Red Lake County$73,889

56750 Average Household Income

The average household income ($82,738) for 56750 is less than the average household income for 56754 ($94,388), 56722 ($92,566), 56736 ($100,810), 56748 ($96,349), 56701 ($84,715), Polk County ($83,410), Red Lake County ($83,685), and Pennington County ($84,891). But it's more than 56715 ($69,996), 56716 ($73,288), and Red Lake Falls city ($72,615).

56750$82,738
Red Lake Falls city$72,615
Pennington County$84,891
Polk County$83,410
Red Lake County$83,685

56750 Per-Capita Income

The per-capita income for 56750 is $35,039. The per capita income ($35,039) for 56750 is less than the per capita income for 56754 ($39,277), 56736 ($45,410), 56748 ($40,423), 56701 ($37,664), 56715 ($36,864), 56722 ($37,668), Red Lake County ($35,198), and Pennington County ($37,342). But it's more than 56716 ($32,693), Polk County ($34,273), and Red Lake Falls city ($33,521).

56750$35,039
Red Lake Falls city$33,521
Pennington County$37,342
Polk County$34,273
Red Lake County$35,198

56750 High Income Households

3.2% of households make over $200,000 a year. The percent high income households (3.2%) for 56750 is more than 56754 (4.5%), 56716 (3.5%), 56722 (8.0%), 56736 (8.9%), 56748 (5.8%), 56701 (4.1%), 56715 (1.2%), Polk County (4.4%), Red Lake County (3.6%), Pennington County (4.4%), and Red Lake Falls city (2.0%).

567503.2%
Red Lake Falls city2.0%
Pennington County4.4%
Polk County4.4%
Red Lake County3.6%

56750 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
56750$-1$95,536$90,703$36,042
Red Lake Falls city$-1$94,167$85,625$32,222
Pennington County$69,167$82,363$84,426$51,000
Polk County$42,292$77,583$90,264$47,917
Red Lake County$31,346$96,827$90,972$40,250

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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 56750 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+
56750+/-$13,712+/-$5,695+/-$2,473+/-1.5%+/-$-1+/-$10,450+/-$9,919+/-$7,104
Red Lake Falls city+/-$10,310+/-$6,576+/-$2,721+/-1.6%+/-$-1+/-$8,477+/-$16,160+/-$8,286
Pennington County+/-$4,314+/-$3,999+/-$1,574+/-1.1%+/-$7,921+/-$11,826+/-$8,561+/-$5,604
Polk County+/-$3,726+/-$3,205+/-$1,124+/-0.9%+/-$17,521+/-$8,207+/-$7,183+/-$6,331
Red Lake County+/-$6,742+/-$5,123+/-$2,193+/-1.1%+/-$16,359+/-$10,120+/-$5,589+/-$5,818