56031 vs 50514 — Compare ZIP Codes
Side-by-side comparison. Blue = ZIP 56031, Orange = ZIP 50514.
Quick verdict: ZIP 56031 is higher home values, lower unemployment, more diverse, more educated. ZIP 50514 is wealthier, more affordable rent, lower poverty rate, higher work-from-home share.
Quick Facts
ZIP 56031
Fairmont city, MN
View full profile →- Population11,800
- Median Income$61,373
- Median Home Value$176k
- Median Rent$664
- Median Age46.6 yrs
- Poverty Rate11.7%
ZIP 50514
Armstrong city, IA
View full profile →- Population1,190
- Median Income$70,550
- Median Home Value$129k
- Median Rent$474
- Median Age55.1 yrs
- Poverty Rate5.8%
Visual comparison (same scale)
Population
11,8001,190
Median Income
$61,373$70,550
Median Home Value
$176k$129k
Median Rent
$664$474
Median Age
46.6 yrs55.1 yrs
Poverty Rate
11.7%5.8%
Demographics
ZIP 56031
Fairmont city, MN
View full profile →- White %92.9%
- Black %0.9%
- Asian %0.8%
- Hispanic %8.1%
- Age 0–17 %21.4%
- Age 18–64 %54.2%
- Age 65+ %24.4%
- Bachelor's+ %26.2%
- Diversity Index13/100
ZIP 50514
Armstrong city, IA
View full profile →- White %98.0%
- Black %0.7%
- Asian %0.1%
- Hispanic %0.3%
- Age 0–17 %21.2%
- Age 18–64 %44.0%
- Age 65+ %34.8%
- Bachelor's+ %15.8%
- Diversity Index4/100
Visual comparison (same scale)
White %
92.9%98.0%
Black %
0.9%0.7%
Asian %
0.8%0.1%
Hispanic %
8.1%0.3%
Age 0–17 %
21.4%21.2%
Age 18–64 %
54.2%44.0%
Age 65+ %
24.4%34.8%
Bachelor's+ %
26.2%15.8%
Diversity Index
13/1004/100
Economy
ZIP 56031
Fairmont city, MN
View full profile →- Median Income$61,373
- Unemployment %3.8%
- IRS Net Migration+838
- Work From Home %7.3%
ZIP 50514
Armstrong city, IA
View full profile →- Median Income$70,550
- Unemployment %7.0%
- IRS Net Migration+68
- Work From Home %7.3%
Visual comparison (same scale)
Median Income
$61,373$70,550
Unemployment %
3.8%7.0%
IRS Net Migration
+838+68
Work From Home %
7.3%7.3%
Housing
ZIP 56031
Fairmont city, MN
View full profile →- Median Home Value$176k
- Median Rent$664
- Owner Occupied %68.5%
- Broadband %85.6%
- Vacant %6.5%
- Median Year Built1964
ZIP 50514
Armstrong city, IA
View full profile →- Median Home Value$129k
- Median Rent$474
- Owner Occupied %83.8%
- Broadband %86.5%
- Vacant %12.4%
- Median Year Built1954
Visual comparison (same scale)
Median Home Value
$176k$129k
Median Rent
$664$474
Owner Occupied %
68.5%83.8%
Broadband %
85.6%86.5%
Vacant %
6.5%12.4%
Median Year Built
19641954
Climate & Location
ZIP 56031
Fairmont city, MN
View full profile →- Snow Days/Year0 days
- Elevation (ft)1,187 ft
- Nearest Airport65.4 miles (105.2 km)
- Distance to Coast242.2 miles (389.8 km)
ZIP 50514
Armstrong city, IA
View full profile →- Snow Days/Year0 days
- Elevation (ft)1,180 ft
- Nearest Airport60.1 miles (96.8 km)
- Distance to Coast255.6 miles (411.3 km)
Visual comparison (same scale)
Snow Days/Year
0 days0 days
Elevation (ft)
1,187 ft1,180 ft
Nearest Airport
65.4 miles (105.2 km)60.1 miles (96.8 km)
Distance to Coast
242.2 miles (389.8 km)255.6 miles (411.3 km)
Infrastructure
ZIP 56031
Fairmont city, MN
View full profile →- Work From Home %7.3%
- Walkability (0–100)42
- Broadband %85.6%
ZIP 50514
Armstrong city, IA
View full profile →- Work From Home %7.3%
- Walkability (0–100)26
- Broadband %86.5%
Visual comparison (same scale)
Work From Home %
7.3%7.3%
Walkability (0–100)
4226
Broadband %
85.6%86.5%
Frequently Asked Questions
How do ZIP 56031 and 50514 compare?
ZIP 56031 is higher home values, lower unemployment, more diverse, more educated. ZIP 50514 is wealthier, more affordable rent, lower poverty rate, higher work-from-home share.
What do the blue and orange colors mean?
Blue represents the first ZIP (56031), orange the second (50514). The same colors are used in the map markers and comparison bars.
Where does this data come from?
Data is from the U.S. Census Bureau and other federal sources. See our Methodology page for details.
How can I compare other ZIP codes?
From any ZIP page, use the "Compare with Another ZIP" tool, or go to /compare/XXXXX-vs-YYYYY (replace with two 5-digit ZIP codes).
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