Slayton, MN · standard
ZIP Code 56172
Murray County, Minnesota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,164
- 10/sq mi Low-density area
- $71,875
- Median income Near-median income area
- $187,300
- Median home value Near-median home value
- 29.7%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Slayton pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 50%
- household income, US ZIPs
- 40th pct
- home value, US ZIPs
- 10
- people per sq mi
- 79%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 56172 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 56172 (Slayton, MN) rose +10.1% from 2023 to 2024. The all-transactions index moved from 242.6 in 2023 to 267.0 in 2024 (2000 = 100).
ZIP code 56172 covers 307.2 square miles in Slayton, Murray County, Minnesota (a standard USPS delivery area), with a modest 3,164 residents on file, a density of 10 people per square mile, in the Chicago time zone.
ZIP 56172 lands in the middle-income range, with a median household income of $71,875 (12% below the average Minnesota ZIP), while per-capita income is $42,084. The poverty rate is 12.6%, with unemployment at 1.8%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $187,300 (27% below the average Minnesota ZIP), and median rent is $717; owner occupancy is 78.8%.
Educational attainment sits below the national norm: 29.7% of adults hold a bachelor's degree or higher, the median age is 43.9, and the average commute is 19 minutes. The page also surfaces 1 ZIP codes within roughly 10 miles and 6 more in Murray County, so 56172 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 56172
Top 5 sectors by establishment count in Slayton, MN
Which industries have the most business establishments in ZIP 56172.
- Construction
Construction
23 establishments
- Retail trade
Retail trade
23 establishments
- Other services (except public administration)
Other services (except public administration)
18 establishments
- Accommodation and food services
Accommodation and food services
11 establishments
- Finance and insurance
Finance and insurance
10 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 56172, Slayton, MN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
3,164
Population
307.2
Area (sq mi)
10
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 56172?
43.9
Median Age
46.9%
Male
53.1%
Female
2.0%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$71,875
Median Household Income
-12% vs state ZIP avg
$42,084
Per Capita Income
12.6%
Poverty Rate
1.8%
Unemployment Rate
19.2 min
Mean Commute Time
How ZIP 56172 ranks among Minnesota ZIPs
Slayton, MN household income vs. every Minnesota ZIP code
Median household income among 864 reporting Minnesota ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$71,875 35th percentile higher than 35% of 864 Minnesota ZIPs
Each bar is a $20K-wide band; taller bars hold more Minnesota ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
1,682housing units
1,682
Total Housing Units
1,356
Occupied Units
326
Vacant Units
2.18
Avg Household Size
Occupancy Type
$187,300
Median Home Value
-27% vs state ZIP avg
$717
Median Rent
1970
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+10.1%
YoY Change (2024)
267
HPI Index (2000 = 100)
+167%
Total Change Since 2000
Home values in ZIP 56172 have increased 10.1% over the past year (2024). Since 2000, this ZIP has seen +167% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | -4.7% | 174 |
| 2021 | +12.9% | 197 |
| 2022 | +2.5% | 202 |
| 2023 | +20.3% | 243 |
| 2024 | +10.1% | 267 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 130 business establishments in ZIP 56172, employing approximately 961 people with a combined annual payroll of $42,172,000.
130
Businesses
961
Employees
$42.2M
Annual Payroll
11
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 23 | 17.7% |
| Retail trade | 23 | 17.7% |
| Other services (except public administration) | 18 | 13.8% |
| Accommodation and food services | 11 | 8.5% |
| Finance and insurance | 10 | 7.7% |
| Professional, scientific, and technical services | 10 | 7.7% |
| Health care and social assistance | 8 | 6.2% |
| Transportation and warehousing | 5 | 3.9% |
| Information | 4 | 3.1% |
| Wholesale trade | 3 | 2.3% |
| Real estate and rental and leasing | 3 | 2.3% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 56172 vs 56141 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 56141 | Iona, MN | 323 | 9.0 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 56172, both outside MN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (3,164 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Murray County
Related Areas
Frequently Asked Questions
What county is ZIP code 56172 in?
ZIP code 56172 (Slayton) is located in Murray County, Minnesota. Murray County contains multiple ZIP codes, see the full list at /counties/murray-mn.
What is the population of ZIP code 56172?
ZIP code 56172 in Slayton, MN has a population of 3,164 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 56172?
The median household income in ZIP 56172 is $71,875, which is 6% below the national average of $76,288.
What is the average home value in ZIP 56172?
The median home value in ZIP 56172 is $187,300, which is 33% below the national average of $278,155.
What is the demographic makeup of ZIP 56172?
The largest racial group in ZIP 56172 is White at 93.4%. Hispanic or Latino residents make up 3.7% of the population.
How many businesses are in ZIP code 56172?
ZIP code 56172 has 130 business establishments employing approximately 961 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 56172?
The top industries by establishment count in ZIP 56172 are: Construction (23), Retail trade (23), Other services (except public administration) (18). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 56172?
According to the FHFA House Price Index, home values in ZIP 56172 increased by 10.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 167%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 56172?
In ZIP code 56172, 62.6% of residents aged 25+ have a high school diploma or higher, and 29.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 56172?
The mean commute time for workers in ZIP code 56172 is 19.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 56172?
In ZIP code 56172, approximately 78.8% of occupied housing units are owner-occupied and 21.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 56172?
The poverty rate in ZIP code 56172 is 12.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 56172's numbers, next.
- See how ZIP 56172 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Slayton, MN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.