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ZipNumbers

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

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