Census ACS · ZIP Code Tabulation Area

56098 Income Statistics for 2026

Faribault County, Minnesota

Median household income

$69,000

Median household income ($69,000) is higher than Faribault County County ($68,231).

56098$69,000
Faribault County County$68,231
56025$91,786
56023$77,969
56068$74,250
56033$83,214
56013$71,553

Average household income

$84,440

Average household income ($84,440) is lower than Faribault County County ($87,508).

56098$84,440
Faribault County County$87,508
56025$100,935
56023$98,642
56068$96,191
56033$93,978
56013$93,354

Per-capita income

$37,678

Per-capita income ($37,678) is lower than Faribault County County ($38,440).

56098$37,678
Faribault County County$38,440
56025$40,673
56023$39,386
56068$40,366
56033$39,384
56013$39,322

Households earning $100k+

30.6%

Households earning $100k+ (30.6%) is lower than Faribault County County (32.0%).

5609830.6%
Faribault County County32.0%
5602546.0%
5602330.3%
5606838.1%
5603337.8%
5601336.9%

All demographics

Population
1,970
Households
862
Median age
44.2 yrs
Median household income
$69,000
Mean household income
$84,440
Per capita income
$37,678
Median home value
$147,900
Median gross rent
$733
Owner-occupied housing
77.5%
Bachelor's degree or higher
18.7%
In labor force
60.8%
Poverty rate
8.7%
Households earning $100k+
30.6%
Population under 5
3.2%
Population age 18–34
15.5%
Population age 25–44
24.6%
Population age 45–64
27.2%
Population age 65+
22.1%
Hispanic or Latino
16.3%
Black (non-Hispanic)
0.3%
Asian (non-Hispanic)
0.0%
Unemployment rate
6.7%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/minnesota/56098

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 56098 income statistics ($69,000 median)

ZIP Code Tabulation Area 56098 in Minnesota is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 56098 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 1,970 people live in this ZCTA. Median household income here ($69,000) is higher than Faribault County County ($68,231). Operators sizing a local market often pair median income with mean income ($84,440) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Minnesota·ZIP codes in Faribault County