Minnesota · Census place 01252
Alvarado city, MN
Quick answer
Alvarado city has 338 residents, ranking #584 of 914 places in Minnesota. Median household income is $70,000, the median home is worth $132,700 and median gross rent runs $1,208 a month.
- Population
- 338Alvarado city residents
- Median household income
- $70,000Past 12 months, inflation adjusted
- Median home value
- $132,700Owner-occupied units
- Median gross rent
- $1,208Rent plus utilities, monthly
- Median age
- 31.2 yrsAll residents
- Homeownership rate
- 75.9%Owner-occupied households
What the numbers mean in Alvarado city
Housing cost measured against local earnings.
A household earning the Alvarado city median would spend about 20.7% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.5% of residents and 75.9% 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.
- Remer city 348
- Kelliher city 347
- Lancaster city 344
- Lowry city 337
- Askov city 333
- Geneva city 329
- Sanborn city 328
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