Minnesota · Census place 00496
Akeley city, MN
Quick answer
Akeley city has 323 residents, ranking #591 of 914 places in Minnesota. Median household income is $43,750, the median home is worth $105,600 and median gross rent runs $930 a month.
- Population
- 323Akeley city residents
- Median household income
- $43,750Past 12 months, inflation adjusted
- Median home value
- $105,600Owner-occupied units
- Median gross rent
- $930Rent plus utilities, monthly
- Median age
- 54.3 yrsAll residents
- Homeownership rate
- 92.6%Owner-occupied households
What the numbers mean in Akeley city
Housing cost measured against local earnings.
A household earning the Akeley city median would spend about 25.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22% of residents and 92.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Sanborn city 328
- Vernon Center city 326
- Wilton city 326
- Ostrander city 323
- Russell city 323
- Barrett city 322
- Chandler city 322
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