US Census Data

ZIP 56231 vs ZIP 56240

A side-by-side comparison of ZIP Code 56231 and ZIP Code 56240: population, income, housing, and more.

ZIP 56231 and ZIP 56240 are ZIP Code areas in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

ZIP 56240 has the higher population (807 vs 386 in ZIP 56231). ZIP 56231 has the higher median household income ($111,250 vs $66,250 in ZIP 56240). ZIP 56231 has the higher median home value ($213,900 vs $118,400 in ZIP 56240).

Population, income & housing

ZIP 56231ZIP 56240
Population386807
Median age41.6 yrs46.1 yrs
Median household income$111,250$66,250
Median home value$213,900$118,400
Median gross rent$705
Housing units188395
Homeownership rate96.2%72.6%
Bachelor's degree or higher20.4%14.8%
Unemployment rate6.7%3.3%

Trends (ACS 5-year, 2019–2023)

ZIP 56231ZIP 56240
Population390 → 386 (-1.0%)983 → 807 (-17.9%)
Median household income$63,750 → $111,250 (+74.5%)$57,750 → $66,250 (+14.7%)
Median home value$120,400 → $213,900 (+77.7%)$99,200 → $118,400 (+19.4%)
Median gross rent$1,000 → $950 (-5.0%)$593 → $705 (+18.9%)

ZIP 56231

Population
390386
Median household income
$63,750$111,250
Median home value
$120,400$213,900
Median gross rent
$1,000$950

ZIP 56240

Population
983807
Median household income
$57,750$66,250
Median home value
$99,200$118,400
Median gross rent
$593$705

Age & race/ethnicity

Age distribution (share)

ZIP 56231ZIP 56240
Under 511.4%8.6%
5 to 1716.8%16.0%
18 to 241.8%4.5%
25 to 3412.4%12.3%
35 to 4412.2%8.2%
45 to 549.8%6.9%
55 to 6415.8%14.9%
65 to 748.0%11.2%
75 and over11.7%17.6%

Race & ethnicity (share)

ZIP 56231ZIP 56240
White (non-Hispanic)99.5%94.5%
Black or African American0.0%0.4%
American Indian & Alaska Native0.0%2.0%
Asian0.0%0.0%
Native Hawaiian & Pacific Islander0.0%0.0%
Some other race0.0%0.0%
Two or more races0.0%1.0%
Hispanic or Latino0.5%2.1%

Educational attainment (age 25+)

Share of adults 25+

ZIP 56231ZIP 56240
No high school diploma3.3%4.9%
High school graduate43.7%41.2%
Some college or associate's32.6%39.1%
Bachelor's degree16.7%7.3%
Graduate or professional degree3.7%7.5%

Commute to work

How workers get to work (share)

ZIP 56231ZIP 56240
Drove alone85.3%77.7%
Carpooled5.8%11.0%
Public transit0.0%0.0%
Walked1.0%8.7%
Bicycle0.0%0.0%
Worked from home7.9%1.7%
Other means0.0%0.8%

Housing

Units in structure (share)

ZIP 56231ZIP 56240
1-unit, detached100.0%78.5%
1-unit, attached0.0%0.0%
2 to 4 units0.0%1.8%
5 to 19 units0.0%7.3%
20 or more units0.0%5.3%
Mobile home & other0.0%7.1%

Poverty & households

ZIP 56231ZIP 56240
Poverty rate2.8%17.1%
Average household size2.472.23
Mean commute (minutes)2519
Median year structure built19441966

Full profiles

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ZIP 56231 vs ZIP 56240: Compare Population & Demographics | US Census Data