ZIP Code 56131 -- Fulda, MN

Murray | 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.
  • 82.41% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
2,238
Unknown
Median Income
$73,063
Home Value
$180,100
Median Rent
$831
Median Age
44.80
Diversity Index
31.90
Low
Cost of Living
66.3
significantly below average
Unemployment
2.8%

About ZIP Code 56131

ZIP code 56131 in Fulda, Minnesota is a unknown area with a population of 2,238. The median household income is $73,063, which is This is 3% below the national median of $75,000.. The median home value is $180,100, representing a price-to-income ratio of 2.5x . The cost of living is significantly below average with an index of 66.3 (the national average is 100). Residents have a median age of 44.80 years. Approximately 22.2% of adults hold a bachelor's degree or higher. This ZIP code is located in Murray, MN.

Population & Age

Total Population
2,238
Median Age
44.80
Male Population
1,157
51.7%
Female Population
1,081
48.3%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
31.90 Low
White
87.6%
Black or African American
0.8%
Hispanic or Latino
6.9%
Asian
3.4%
Native American
0.0%
Pacific Islander
0.0%
Two or More Races
7.2%
Other Race
0.9%

Racial Composition

Income & Economy

Median Household Income
$73,063
Mean Household Income
$84,349
Per Capita Income
$36,852
Below Poverty Line
7.0%

This is 3% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$180,100
Median Rent
$831
Total Housing Units
1,035
Occupied Units
961
Vacant Units
74
7.1% vacancy
Median Year Built
1958
Owner Occupied
82.4%
Renter Occupied
17.6%
Price-to-Income Ratio 2.5x

Affordable housing market

Ownership vs Rental

Owner 82.4% Renter 17.6%

Education

High School Diploma or Higher 87.9%
Bachelor's Degree or Higher 22.2%
Graduate or Professional Degree 5.4%

Employment & Commuting

Civilian Labor Force
1,168
Employment Rate
97.2%
Unemployment Rate
2.8%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
79.5%
Carpool
9.3%
Public Transit
0.0%
Work from Home
5.8%

Cost of Living Index

66.3
significantly below average

The cost of living in ZIP code 56131 is 33.7% below the national average of 100.

0 National Avg (100) 200

Compare 56131 with:

Compare 56131 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Murray

ZIP Code City Population Median Income
56172 Slayton 2,987 $71,875
56122 Chandler 660 $97,321
56151 Lake wilson 643 $74,167
56123 Currie 420 $56,750
56141 Iona 362 $54,306
56114 Avoca 309 $71,667

Frequently Asked Questions about ZIP Code 56131

ZIP code 56131 (Fulda, MN) has a total population of 2,238 according to the 2024 American Community Survey. The median age is 44.80 years.

The median household income in ZIP code 56131 is $73,063 per year, based on 2024 Census Bureau data. This is 3% below the national median of $75,000.

ZIP code 56131 is primarily located in Fulda, Minnesota (MN). It falls within Murray County.

The median home value in ZIP code 56131 is $180,100, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $831.

The median age in ZIP code 56131 is 44.80 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 56131 has a cost of living index of 66.29 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 56131, 22.22% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 5.39% hold a graduate or professional degree.

The unemployment rate in ZIP code 56131 is 2.83%, which is below the national average of 3.6%. About 5.82% 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.