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ZipNumbers

Minnesota · Census place 46924

Northfield city, MN

Quick answer

Northfield city has 20,678 residents, ranking #59 of 914 places in Minnesota. Median household income is $92,000, the median home is worth $305,300 and median gross rent runs $1,036 a month.

Population
20,678Northfield city residents
Median household income
$92,000Past 12 months, inflation adjusted
Median home value
$305,300Owner-occupied units
Median gross rent
$1,036Rent plus utilities, monthly
Median age
28.3 yrsAll residents
Homeownership rate
69.8%Owner-occupied households

What the numbers mean in Northfield city

Housing cost measured against local earnings.

A household earning the Northfield city median would spend about 13.5% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.2% of residents and 69.8% 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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