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ZipNumbers

Minnesota · Census place 03628

Barnum city, MN

Quick answer

Barnum city has 491 residents, ranking #503 of 914 places in Minnesota. Median household income is $49,583, the median home is worth $131,300 and median gross rent runs $902 a month.

Population
491Barnum city residents
Median household income
$49,583Past 12 months, inflation adjusted
Median home value
$131,300Owner-occupied units
Median gross rent
$902Rent plus utilities, monthly
Median age
45.3 yrsAll residents
Homeownership rate
57.3%Owner-occupied households

What the numbers mean in Barnum city

Housing cost measured against local earnings.

A household earning the Barnum city median would spend about 21.8% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.4% of residents and 57.3% 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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