Tofte, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Tofte, MN: Quick Facts & Overview
- Population: 379 residents (68 people per sq. mi.)
- Average House Price: $280,525
- Average Household Income: $61,042
Tofte, MN is located in the state of Minnesota. It is home to about 379 people, with around 68 residents living in every square mile.
If you want to buy a house in Tofte, the average price is around $280,525. That makes local housing 8% higher than the Minnesota average of $260,056, and 9% lower than the national average of $308,592.
The average household in Tofte earns about $61,042 a year. This income is 26% lower than the average family in Minnesota ($82,068), and 22% lower than the national average ($78,686).
Population
379
Median Household Income
$61,042
Median Home Value
$280,525
Median Age
35.9 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $47,438 |
| Labor Force Participation | 65.1% |
| Unemployment Rate | 3.0% |
| Average Commute Time | 16.4 mins |
Housing & Community Metrics
| Home Ownership Rate | 77.0% |
| Median Rent | $1,240 |
| Rent Burdened (>30% Income) | - |
| Total Housing Units | 161 |
Additional Census & Housing Profile
Geographic Overview
| County | Cook |
| County FIPS | 27031 |
| Metro Area (CBSA) | - |
| Population Density | 67.9/sq mi |
| Coordinates (lat/lng) | 47.5738, -90.8363 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.61 |
| Dual Income Families | 44.3% |
Marital Status
| Married | 52.3% |
| Never Married | 35.9% |
| Divorced | 3.3% |
| Widowed | 8.6% |
Gender
| Male | 40.1% |
| Female | 59.9% |
Health & Poverty
| Uninsured Rate (Health) | 9.8% |
| Poverty Rate | 11.9% |
Key Population Groups
| Veterans | 7.2% |
| Disabled Population | 19.8% |
| Limited English Proficiency | 1.2% |
All ZIP Codes in Tofte
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55615 | 379 | $61,042 | $280,525 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Lutsen, MN | 9.6 miles | 222 |
| Finland, MN | 22.4 miles | 257 |
| Grand Marais, MN | 26.2 miles | 1,796 |
| Silver Bay, MN | 28.3 miles | 1,769 |