Minnesota · Census place 69070
Welcome city, MN
Quick answer
Welcome city has 977 residents, ranking #364 of 914 places in Minnesota. Median household income is $55,357, the median home is worth $91,300 and median gross rent runs $625 a month.
- Population
- 977Welcome city residents
- Median household income
- $55,357Past 12 months, inflation adjusted
- Median home value
- $91,300Owner-occupied units
- Median gross rent
- $625Rent plus utilities, monthly
- Median age
- 34.6 yrsAll residents
- Homeownership rate
- 81%Owner-occupied households
What the numbers mean in Welcome city
Housing cost measured against local earnings.
A household earning the Welcome 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 13.2% of residents and 81% 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.
- Buhl city 1,013
- Mantorville city 1,003
- Morristown city 982
- Nicollet city 966
- Bird Island city 964
- Birchwood Village city 960
- Grand Meadow city 954
Keep going
More Minnesota coverage.