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Census ACS · ZIP Code Tabulation Area

56623 Income Statistics for 2026

Lake of the Woods County, Minnesota

Median household income

$87,750

Median household income ($87,750) is higher than Lake of the Woods County County ($84,737).

56623$87,750
Lake of the Woods County County$84,737
56686$80,417
56711$33,852

Average household income

$104,295

Average household income ($104,295) is higher than Lake of the Woods County County ($98,291).

56623$104,295
Lake of the Woods County County$98,291
56686$85,395
56711$42,551

Per-capita income

$50,048

Per-capita income ($50,048) is higher than Lake of the Woods County County ($45,699).

56623$50,048
Lake of the Woods County County$45,699
56686$33,877
56711$31,734

Households earning $100k+

41.7%

Households earning $100k+ (41.7%) is higher than Lake of the Woods County County (39.0%).

5662341.7%
Lake of the Woods County County39.0%
5668636.2%
567110.0%

All demographics

Population
2,733
Households
1,343
Median age
53.6 yrs
Median household income
$87,750
Mean household income
$104,295
Per capita income
$50,048
Median home value
$232,800
Median gross rent
$942
Owner-occupied housing
81.8%
Bachelor's degree or higher
29.9%
In labor force
67.2%
Poverty rate
7.1%
Households earning $100k+
41.7%
Population under 5
4.6%
Population age 18–34
14.7%
Population age 25–44
19.9%
Population age 45–64
28.5%
Population age 65+
30.1%
Hispanic or Latino
2.6%
Black (non-Hispanic)
0.4%
Asian (non-Hispanic)
0.4%
Unemployment rate
1.5%
Open in interactive explorer

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/56623

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

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