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ZipNumbers

Minnesota · Census place 21536

Foley city, MN

Quick answer

Foley city has 2,685 residents, ranking #222 of 914 places in Minnesota. Median household income is $58,092, the median home is worth $192,600 and median gross rent runs $1,006 a month.

Population
2,685Foley city residents
Median household income
$58,092Past 12 months, inflation adjusted
Median home value
$192,600Owner-occupied units
Median gross rent
$1,006Rent plus utilities, monthly
Median age
34.1 yrsAll residents
Homeownership rate
66.9%Owner-occupied households

What the numbers mean in Foley city

Housing cost measured against local earnings.

A household earning the Foley city median would spend about 20.8% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.5% of residents and 66.9% 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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