Minnesota · Census place 24758
Graceville city, MN
Quick answer
Graceville city has 586 residents, ranking #468 of 914 places in Minnesota. Median household income is $51,667, the median home is worth $101,700 and median gross rent runs $703 a month.
- Population
- 586Graceville city residents
- Median household income
- $51,667Past 12 months, inflation adjusted
- Median home value
- $101,700Owner-occupied units
- Median gross rent
- $703Rent plus utilities, monthly
- Median age
- 44.2 yrsAll residents
- Homeownership rate
- 67.1%Owner-occupied households
What the numbers mean in Graceville city
Housing cost measured against local earnings.
A household earning the Graceville city median would spend about 16.3% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.4% of residents and 67.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Rollingstone city 590
- Halstad city 589
- Marble city 588
- Brooten city 582
- New Germany city 581
- Littlefork city 577
- Lake Park city 573
Keep going
More Minnesota coverage.