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ZipNumbers

Minnesota · Census place 44980

Nashwauk city, MN

Quick answer

Nashwauk city has 1,035 residents, ranking #359 of 914 places in Minnesota. Median household income is $58,533, the median home is worth $102,400 and median gross rent runs $697 a month.

Population
1,035Nashwauk city residents
Median household income
$58,533Past 12 months, inflation adjusted
Median home value
$102,400Owner-occupied units
Median gross rent
$697Rent plus utilities, monthly
Median age
45.9 yrsAll residents
Homeownership rate
78.4%Owner-occupied households

What the numbers mean in Nashwauk city

Housing cost measured against local earnings.

A household earning the Nashwauk city median would spend about 14.3% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.9% of residents and 78.4% 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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