Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.0 yrs |
|---|---|
| Avg HH Size | 2.18 |
| Below Poverty | 9.0% ▼ 10% below avg |
| College Grads | 46.5% ▲ 20% above avg |
| Unemployment | 2.3% ▼ 54% below avg |
| No HS Diploma | 31 (1.6%) |
| HS Graduate | 605 (31.7%) |
| Some College | 135 (7.1%) |
| Associates | 249 (13.1%) |
| Bachelors | 274 (14.4%) |
| Graduate Degree | 612 (32.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,583 ≈ Avg |
|---|---|
| Median Home Value | $189,900 ▼ 32% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $707/mo |
| Total Housing Units | 1,645 |
| Vacant Units | 311 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Slayton is a city in Minnesota, located in Murray County. The city spans 1 ZIP code and is home to approximately 2,954 residents. It is a middle-aged city, with a median age of 44 years.
Economically, Slayton is a middle-income community. The median household income of $79,583 is near the national average. Approximately 9.0% of residents live below the poverty line. The unemployment rate is 2.3%, well below the national average.
The real estate market in Slayton is an affordable housing market. Median home values stand at $189,900, which is below the national average. Renters typically pay around $707 per month. Homeownership is high at 76.2%, typical of suburban and family-oriented communities.
The population of Slayton is well-educated. 46.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (92.76%).
Slayton, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56172 | 2,954 | $79,583 | $189,900 | $707 | 2.3% | 46.5% | 76.2% |