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ZipNumbers

Minnesota · Census place 22652

Freeport city, MN

Quick answer

Freeport city has 827 residents, ranking #395 of 914 places in Minnesota. Median household income is $87,396, the median home is worth $214,600 and median gross rent runs $713 a month.

Population
827Freeport city residents
Median household income
$87,396Past 12 months, inflation adjusted
Median home value
$214,600Owner-occupied units
Median gross rent
$713Rent plus utilities, monthly
Median age
29.8 yrsAll residents
Homeownership rate
89.6%Owner-occupied households

What the numbers mean in Freeport city

Housing cost measured against local earnings.

A household earning the Freeport city median would spend about 9.8% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.3% of residents and 89.6% 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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