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ZipNumbers

Minnesota · Census place 24344

Gonvick city, MN

Quick answer

Gonvick city has 218 residents, ranking #673 of 914 places in Minnesota. Median household income is $27,321, the median home is worth $95,000 and median gross rent runs $464 a month.

Population
218Gonvick city residents
Median household income
$27,321Past 12 months, inflation adjusted
Median home value
$95,000Owner-occupied units
Median gross rent
$464Rent plus utilities, monthly
Median age
37.8 yrsAll residents
Homeownership rate
61.2%Owner-occupied households

What the numbers mean in Gonvick city

Housing cost measured against local earnings.

A household earning the Gonvick city median would spend about 20.4% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.4% of residents and 61.2% 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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