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ZipNumbers

Minnesota · Census place 22472

Frazee city, MN

Quick answer

Frazee city has 1,595 residents, ranking #295 of 914 places in Minnesota. Median household income is $49,000, the median home is worth $166,800 and median gross rent runs $848 a month.

Population
1,595Frazee city residents
Median household income
$49,000Past 12 months, inflation adjusted
Median home value
$166,800Owner-occupied units
Median gross rent
$848Rent plus utilities, monthly
Median age
31.1 yrsAll residents
Homeownership rate
64.8%Owner-occupied households

What the numbers mean in Frazee city

Housing cost measured against local earnings.

A household earning the Frazee 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22% of residents and 64.8% 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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