ZIP Code 56009 -- Alden, MN

Freeborn | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 2.5x, housing here is relatively affordable compared to the recommended 3-5x benchmark.
  • 85.83% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
1,527
Unknown
Median Income
$80,804
Home Value
$203,700
Median Rent
$920
Median Age
48.20
Diversity Index
13.00
Very Low
Cost of Living
74.3
significantly below average
Unemployment
4.6%

About ZIP Code 56009

ZIP code 56009 in Alden, Minnesota is a unknown area with a population of 1,527. The median household income is $80,804, which is This is 8% above the national median of $75,000.. The median home value is $203,700, representing a price-to-income ratio of 2.5x . The cost of living is significantly below average with an index of 74.3 (the national average is 100). Residents have a median age of 48.20 years. Approximately 18.9% of adults hold a bachelor's degree or higher. This ZIP code is located in Freeborn, MN.

Population & Age

Total Population
1,527
Median Age
48.20
Male Population
712
46.6%
Female Population
815
53.4%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
13.00 Very Low
White
94.4%
Black or African American
0.0%
Hispanic or Latino
1.3%
Asian
0.4%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
4.9%
Other Race
0.4%

Racial Composition

Income & Economy

Median Household Income
$80,804
Mean Household Income
$96,498
Per Capita Income
$38,674
Below Poverty Line
5.7%

This is 8% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$203,700
Median Rent
$920
Total Housing Units
711
Occupied Units
635
Vacant Units
76
10.7% vacancy
Median Year Built
1957
Owner Occupied
85.8%
Renter Occupied
14.2%
Price-to-Income Ratio 2.5x

Affordable housing market

Ownership vs Rental

Owner 85.8% Renter 14.2%

Education

High School Diploma or Higher 96.1%
Bachelor's Degree or Higher 18.9%
Graduate or Professional Degree 5.9%

Employment & Commuting

Civilian Labor Force
870
Employment Rate
95.4%
Unemployment Rate
4.6%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
83.5%
Carpool
3.9%
Public Transit
0.1%
Work from Home
8.3%

Cost of Living Index

74.3
significantly below average

The cost of living in ZIP code 56009 is 25.7% below the national average of 100.

0 National Avg (100) 200

Compare 56009 with:

Compare 56009 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Freeborn

ZIP Code City Population Median Income
56007 Albert lea 21,377 $68,846
56036 Glenville 1,740 $73,287
56016 Clarks grove 989 $89,583
56045 Hollandale 922 $71,250
56042 Hartland 751 $89,750
56029 Emmons 642 $67,857

Frequently Asked Questions about ZIP Code 56009

ZIP code 56009 (Alden, MN) has a total population of 1,527 according to the 2024 American Community Survey. The median age is 48.20 years.

The median household income in ZIP code 56009 is $80,804 per year, based on 2024 Census Bureau data. This is 8% above the national median of $75,000.

ZIP code 56009 is primarily located in Alden, Minnesota (MN). It falls within Freeborn County.

The median home value in ZIP code 56009 is $203,700, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $920.

The median age in ZIP code 56009 is 48.20 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 56009 has a cost of living index of 74.32 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 56009, 18.88% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 5.94% hold a graduate or professional degree.

The unemployment rate in ZIP code 56009 is 4.60%, which is above the national average of 3.6%. About 8.33% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.