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ZipNumbers

Minnesota · Census place 12502

Coleraine city, MN

Quick answer

Coleraine city has 1,888 residents, ranking #269 of 914 places in Minnesota. Median household income is $67,083, the median home is worth $179,900 and median gross rent runs $923 a month.

Population
1,888Coleraine city residents
Median household income
$67,083Past 12 months, inflation adjusted
Median home value
$179,900Owner-occupied units
Median gross rent
$923Rent plus utilities, monthly
Median age
38.3 yrsAll residents
Homeownership rate
86.4%Owner-occupied households

What the numbers mean in Coleraine city

Housing cost measured against local earnings.

A household earning the Coleraine city median would spend about 16.5% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.7% of residents and 86.4% 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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