Comparison to Surrounding Areas
The median household income ($54,847) for 56031 is less than the median household income for 56039 ($84,342), 56088 ($71,354), 56181 ($55,750), 50514 ($73,000), 56075 ($73,750), Martin County ($59,507), and Northrop city ($67,083). But it's more than 56121 ($49,042) and Fairmont city ($53,084).
| 56031 | $54,847 |
| Fairmont city | $53,084 |
| Northrop city | $67,083 |
| Martin County | $59,507 |
Get Median Household Income for all Zip Codes in Minnesota.
The average household income ($82,249) for 56031 is less than the average household income for 56039 ($93,123) and Martin County ($82,458). But it's more than 56075 ($77,050), 56121 ($65,433), 56181 ($65,836), 50514 ($82,143), 56088 ($81,611), Northrop city ($76,602), and Fairmont city ($78,558).
| 56031 | $82,249 |
| Fairmont city | $78,558 |
| Northrop city | $76,602 |
| Martin County | $82,458 |
Get Average Household Income for all Zip Codes in Minnesota.
The per-capita income for 56031 is $39,004. The per capita income ($39,004) for 56031 is more than 56181 ($27,445), 56075 ($30,340), 56088 ($33,702), 56121 ($31,183), 50514 ($37,607), 56039 ($36,946), Martin County ($37,332), Fairmont city ($37,825), and Northrop city ($31,660).
| 56031 | $39,004 |
| Fairmont city | $37,825 |
| Northrop city | $31,660 |
| Martin County | $37,332 |
Get Per-Capita Income for all Zip Codes in Minnesota.
5.9% of households make over $200,000 a year. The percent high income households (5.9%) for 56031 is more than 56181 (2.6%), 56075 (0.0%), 56088 (3.4%), 56121 (1.1%), 50514 (1.1%), 56039 (5.2%), Martin County (5.6%), Fairmont city (5.4%), and Northrop city (0.0%).
| 56031 | 5.9% |
| Fairmont city | 5.4% |
| Northrop city | 0.0% |
| Martin County | 5.6% |
Get High Income Households for all Zip Codes in Minnesota.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 56031 | $-1 | $56,094 | $86,882 | $41,660 |
| Fairmont city | $-1 | $54,182 | $86,161 | $37,578 |
| Northrop city | $-1 | $102,500 | $92,679 | $37,500 |
| Martin County | $56,875 | $67,829 | $86,476 | $43,670 |
Get Median Household Income by Age of Householder for all Zip Codes in Minnesota.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 56031 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 56031 | +/-$3,964 | +/-$7,751 | +/-$3,617 | +/-2.0% | +/-$-1 | +/-$9,774 | +/-$13,640 | +/-$8,160 |
| Fairmont city | +/-$3,861 | +/-$8,592 | +/-$4,068 | +/-2.1% | +/-$-1 | +/-$7,019 | +/-$11,975 | +/-$9,439 |
| Northrop city | +/-$32,685 | +/-$9,906 | +/-$3,233 | +/-19.8% | +/-$-1 | +/-$27,862 | +/-$23,987 | +/-$10,604 |
| Martin County | +/-$3,542 | +/-$4,587 | +/-$2,107 | +/-1.2% | +/-$29,060 | +/-$12,970 | +/-$9,124 | +/-$4,892 |