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ZipNumbers

Minnesota · Census place 23660

Ghent city, MN

Quick answer

Ghent city has 455 residents, ranking #524 of 914 places in Minnesota. Median household income is $72,500, the median home is worth $154,700 and median gross rent runs $941 a month.

Population
455Ghent city residents
Median household income
$72,500Past 12 months, inflation adjusted
Median home value
$154,700Owner-occupied units
Median gross rent
$941Rent plus utilities, monthly
Median age
34.3 yrsAll residents
Homeownership rate
84.7%Owner-occupied households

What the numbers mean in Ghent city

Housing cost measured against local earnings.

A household earning the Ghent city median would spend about 15.6% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7% of residents and 84.7% 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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