| ZIP Code | 55332 |
|---|---|
| City | Fairfax |
| State | Minnesota (MN) |
| County | Renville County |
| Area Code | 507/924 |
| Elevation | 1,017 ft |
| Latitude | 44.520385 |
|---|---|
| Longitude | -94.699505 |
| Timezone | Chicago (DST) |
| FIPS | 27129 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.9 yrs |
|---|---|
| Avg Household Size | 2.37 |
| Below Poverty | 11.3% ▲ 13% above avg |
| College Grads | 27.3% ▼ 30% below avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 25 (2.3%) |
| HS Graduate | 492 (45.3%) |
| Some College | 76 (7%) |
| Associates | 196 (18.1%) |
| Bachelors | 151 (13.9%) |
| Graduate Degree | 145 (13.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,177 ▼ 24% below avg |
|---|---|
| Median Home Value | $135,800 ▼ 51% below avg ↑ 25% since 2019 |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $447/mo ↓ 11% since 2019 |
| Total Units | 773 |
| Vacant Units | 78 |
| Avg HH Size | 2.37 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 773 |
|---|---|
| Vacant | 78 |
| Owner Occupied | 83.3% |
| Renter Occupied | 16.7% |
| Avg HH Size | 2.37 |
ZIP code 55332 is located in Fairfax, Minnesota, within Renville County. With a population of 1,714, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.9 years. Economically, 55332 is a solidly middle-class ZIP code: the median household income of $58,177 is below the national average.
Real estate in ZIP code 55332 represents one of the more affordable housing markets in the country. The median home value of $135,800 is well below the national average. Renters can expect to pay around $447 per month in median rent. Homeownership is strong here — 83.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 25% since 2019.
The population of 55332 is primarily White (78.18%). Residents are moderately educated — 27.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 11.3%.
The unemployment rate in 55332 stands at 1.2%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 55332 in Fairfax, MN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 1,714 residents, a median household income of $58,177, and a median home value of $135,800, it offers a clear picture of life in this part of Minnesota.