56031 Zip Code

April 19, 2024

Zip Code:	56031
City/Town:	Fairmont
State:	Minnesota

Population:	12,401
Per Capita Income:	$22,633
Mean Household Income:	$53,155

Total Housing Units:	5,488
Median Home Value:	$72,300
Median Year Homes Built:	1955

Land Area:	156.0 sq miles 404.1 sq kilometers
Water Area:	7.1 sq miles 18.3 sq kilometers

Population Information (56031 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

12,401

Male:

5,977

48.2%

49.2%

Female:

6,424

51.8%

50.8%

Median Age:

45.6 yrs

37.2 yrs

Under 5 years:

760

6.1%

6.5%

5 to 9 years:

718

5.7%

6.6%

10 to 19 years:

1,425

11.5%

13.8%

20 to 29 years:

1,324

10.7%

13.8%

30 to 39 years:

1,232

9.9%

13.0%

40 to 49 years:

1,510

12.2%

14.2%

50 to 59 years:

1,963

15.8%

13.6%

60 to 69 years:

1,448

11.7%

9.4%

70 to 79 years:

977

7.9%

5.4%

80 years and over:

1,044

8.4%

3.7%

Housing Information (56031 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$72,300

$119,600

Median year homes build:

1955

1971

Median real estate taxes:

$712 / yr.

$1,334 / yr.

Median rent:

$274 / mo.

$519 / mo.

Total households:

5,488

Family households:

3,352

61.1%

66.4%

Nonfamily households:

2,136

38.9%

33.6%

Households with individuals under 18 years:

1,389

25.3%

33.4%

Households with individuals 65 years and over:

1,814

33.1%

24.9%

Average household size:

2.2

Average family size:

2.8

Total housing units:

5,980

Occupied housing units:

5,488

91.8%

88.6%

Vacant housing units:

492

8.2%

11.4%

For rent:

186

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.2%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

1.2%

3.5%

All other vacants:

134

2.2%

2.8%

Homeowner vacancy rate:

1.8%

2.4%

Rental vacancy rate:

10.6%

9.2%

Owner-occupied housing units:

3,928

Population in owner-occupied housing units:

9,141

Average household size of owner-occupied units:

2.3

2.65

Renter-occupied housing units:

1,560

Population in renter-occupied housing units:

3,026

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (56031 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

8,696

Less than 9th grade:

687

7.9%

6.2%

9th to 12th grade, no diploma:

648

7.5%

8.7%

High school graduate (includes equivalency):

3,245

37.3%

29.0%

Some college, no degree:

2,104

24.2%

20.6%

Associate degree:

480

5.5%

7.5%

Bachelor's degree:

1,135

13.1%

17.6%

Graduate or professional degree:

397

4.6%

10.3%

Percent high school graduate or higher:

84.6%

85.0%

Percent bachelor's degree or higher:

17.6%

27.9%

Income Information (56031 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

4,655

37.5%

50.4%

Median income:

$27,044 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,562

20.7%

59.7%

Median income:

$32,500 / yr.

$38,349 / yr.

Females 15 years and over with income:

4,882

39.4%

49.6%

Median income:

$13,857 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,537

12.4%

40.3%

Median income:

$23,467 / yr.

$28,135 / yr.

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