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ZipNumbers

Minnesota · Census place 23120

Garfield city, MN

Quick answer

Garfield city has 295 residents, ranking #611 of 914 places in Minnesota. Median household income is $70,250, the median home is worth $162,500 and median gross rent runs $477 a month.

Population
295Garfield city residents
Median household income
$70,250Past 12 months, inflation adjusted
Median home value
$162,500Owner-occupied units
Median gross rent
$477Rent plus utilities, monthly
Median age
46.7 yrsAll residents
Homeownership rate
87.1%Owner-occupied households

What the numbers mean in Garfield city

Housing cost measured against local earnings.

A household earning the Garfield city median would spend about 8.1% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1.4% of residents and 87.1% 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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