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ZipNumbers

Minnesota · Census place 62698

Stephen city, MN

Quick answer

Stephen city has 524 residents, ranking #491 of 914 places in Minnesota. Median household income is $63,750, the median home is worth $83,800 and median gross rent runs $871 a month.

Population
524Stephen city residents
Median household income
$63,750Past 12 months, inflation adjusted
Median home value
$83,800Owner-occupied units
Median gross rent
$871Rent plus utilities, monthly
Median age
55.3 yrsAll residents
Homeownership rate
87.7%Owner-occupied households

What the numbers mean in Stephen city

Housing cost measured against local earnings.

A household earning the Stephen city median would spend about 16.4% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.4% of residents and 87.7% 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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