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
Compare with nearby places
Places of similar size in Minnesota.
- Fifty Lakes city 463
- Brandon city 462
- Kandiyohi city 459
- Browns Valley city 453
- New Auburn city 453
- Rose Creek city 453
- Nevis city 452
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