Finland, MN population, income and ZIP codes

Finland CDP is a very small community in Minnesota, with 220 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #668 of 914 ranked by population — larger than 26% of them. The median age here is 54.9 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Finland CDP earn a median of $51,875 a year, 33.9% below the national figure of $78,538 and 31% below the $75,469 median for the 361 Minnesota cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 20.5% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Finland CDP is valued at $122,600, 59.6% below the national figure and 49% below the $240,400 peer median, while median gross rent runs $699 a month, 50.3% below the national figure, or roughly $8,388 across a full year. A household on the local median income would put about 16.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.4×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 72.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

A median age of 54.9 puts Finland CDP well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages. With 220 residents, a handful of survey responses moves every median on this page. Compare Finland CDP against its county rather than against national figures.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.