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ZipNumbers

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

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