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ZipNumbers

Minnesota · Census place 11548

Clara City city, MN

Quick answer

Clara City city has 1,497 residents, ranking #302 of 914 places in Minnesota. Median household income is $58,431, the median home is worth $116,500 and median gross rent runs $1,063 a month.

Population
1,497Clara City city residents
Median household income
$58,431Past 12 months, inflation adjusted
Median home value
$116,500Owner-occupied units
Median gross rent
$1,063Rent plus utilities, monthly
Median age
36.5 yrsAll residents
Homeownership rate
66.1%Owner-occupied households

What the numbers mean in Clara City city

Housing cost measured against local earnings.

A household earning the Clara City 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.8% of residents and 66.1% 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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