Census ACS · ZIP Code Tabulation Area

56294 Income Statistics for 2026

Redwood County, Minnesota

Median household income

$82,083

Median household income ($82,083) is higher than Redwood County County ($69,994).

56294$82,083
Redwood County County$69,994
56263$73,636
56224$71,250
56214$90,694
56166$75,875
56293$67,396

Average household income

$85,107

Average household income ($85,107) is lower than Redwood County County ($86,100).

56294$85,107
Redwood County County$86,100
56263$110,173
56224$109,705
56214$101,679
56166$91,962
56293$88,019

Per-capita income

$48,988

Per-capita income ($48,988) is higher than Redwood County County ($35,518).

56294$48,988
Redwood County County$35,518
56263$41,734
56224$47,349
56214$40,953
56166$32,661
56293$34,377

Households earning $100k+

20.3%

Households earning $100k+ (20.3%) is lower than Redwood County County (32.0%).

5629420.3%
Redwood County County32.0%
5626334.2%
5622434.9%
5621443.1%
5616631.1%
5629333.0%

All demographics

Population
104
Households
59
Median age
53.8 yrs
Median household income
$82,083
Mean household income
$85,107
Per capita income
$48,988
Median home value
$164,600
Median gross rent
—
Owner-occupied housing
76.3%
Bachelor's degree or higher
34.8%
In labor force
67.3%
Poverty rate
14.4%
Households earning $100k+
20.3%
Population under 5
2.9%
Population age 18–34
22.1%
Population age 25–44
26.9%
Population age 45–64
28.8%
Population age 65+
32.7%
Hispanic or Latino
0.0%
Black (non-Hispanic)
0.0%
Asian (non-Hispanic)
0.0%
Unemployment rate
0.0%

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/56294

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 56294 income statistics ($82,083 median)

ZIP Code Tabulation Area 56294 in Minnesota is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 56294 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 104 people live in this ZCTA. Median household income here ($82,083) is higher than Redwood County County ($69,994). Operators sizing a local market often pair median income with mean income ($85,107) 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 Redwood County