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ZipNumbers

Minnesota · Census place 56428

Russell city, MN

Quick answer

Russell city has 323 residents, ranking #593 of 914 places in Minnesota. Median household income is $62,143, the median home is worth $101,700 and median gross rent runs $700 a month.

Population
323Russell city residents
Median household income
$62,143Past 12 months, inflation adjusted
Median home value
$101,700Owner-occupied units
Median gross rent
$700Rent plus utilities, monthly
Median age
51.4 yrsAll residents
Homeownership rate
89.1%Owner-occupied households

What the numbers mean in Russell city

Housing cost measured against local earnings.

A household earning the Russell 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.6% of residents and 89.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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