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
$71,875
Median income
$187,300
Median home value
29.7%
Bachelor's or higher

The verdict

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.

ZIP code 56172 is classified by USPS as a standard delivery area and covers roughly 307.2 square miles in Slayton, Murray County, Minnesota. The area is home to 3,164 residents, producing a population density of 10 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 56172 against Minnesota and the nation.

On the economic side, the median household income for ZIP 56172 sits at $71,875 (12% below the Minnesota average), while per-capita income is $42,084. The poverty rate stands at 12.6% and the unemployment rate at 1.8%. On housing, the median home value is $187,300 (27% below the state average) with median rent at $717 per month, and 78.8% of occupied units are owner-occupied, a direct signal of whether 56172 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 29.7% of adults hold a bachelor's degree or higher, the median age is 43.9, and the average commute is 19 minutes. We also surface 1 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Murray County, so you can benchmark 56172 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 56172

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 56172.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 56172?

43.9

Median Age

46.9%

Male

53.1%

Female

2.0%

Foreign-Born

White 93.4%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 1.9%
Hispanic or Latino 3.7%

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

$42,084

Per Capita Income

12.6%

Poverty Rate

1.8%

Unemployment Rate

19.2 min

Mean Commute Time

How ZIP 56172 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$71,875 Top 50% higher than 50% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 62.6%
Bachelor's Degree or Higher 29.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

1,682

Total Housing Units

1,356

Occupied Units

326

Vacant Units

2.18

Avg Household Size

Occupancy Type

Owner 78.8%
Renter 21.2%

$187,300

Median Home Value

-27% vs state

$717

Median Rent

1970

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

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

More ZIP Codes in Murray County

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.

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Official Data Resources for Slayton, MN

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