Graceton, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Graceton, MN: Quick Facts & Overview
- Population: 905 residents (5 people per sq. mi.)
- Average House Price: $132,000
- Average Household Income: $80,417
Graceton, MN is located in the state of Minnesota. It is home to about 905 people, with around 5 residents living in every square mile.
If you want to buy a house in Graceton, the average price is around $132,000. That makes local housing 49% lower than the Minnesota average of $260,056, and 57% lower than the national average of $308,592.
The average household in Graceton earns about $80,417 a year. This income is 2% lower than the average family in Minnesota ($82,068), and 2% higher than the national average ($78,686).
Population
905
Median Household Income
$80,417
Median Home Value
$132,000
Median Age
46.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $33,929 |
| Labor Force Participation | 60.9% |
| Unemployment Rate | 2.7% |
| Average Commute Time | 29.6 mins |
Housing & Community Metrics
| Home Ownership Rate | 89.9% |
| Median Rent | - |
| Rent Burdened (>30% Income) | - |
| Total Housing Units | 376 |
Additional Census & Housing Profile
Geographic Overview
| County | Lake of the Woods |
| County FIPS | 27077 |
| Metro Area (CBSA) | - |
| Population Density | 5.1/sq mi |
| Coordinates (lat/lng) | 48.7411, -94.8363 |
| Timezone | America/Chicago |
| National Ranking | 5 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.02 |
| Dual Income Families | 49.4% |
Marital Status
| Married | 61.0% |
| Never Married | 22.3% |
| Divorced | 12.3% |
| Widowed | 4.4% |
Gender
| Male | 57.9% |
| Female | 42.1% |
Health & Poverty
| Uninsured Rate (Health) | 3.9% |
| Poverty Rate | 6.1% |
Key Population Groups
| Veterans | 9.7% |
| Disabled Population | 11.6% |
| Limited English Proficiency | - |
All ZIP Codes in Graceton
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 56686 | 905 | $80,417 | $132,000 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Williams, MN | 5.6 miles | 237 |
| Baudette, MN | 11.3 miles | 1,139 |
| Roosevelt, MN | 12.9 miles | 150 |
| Warroad, MN | 25.4 miles | 1,959 |
| Roseau, MN | 42.8 miles | 2,736 |
| Grygla, MN | 47.2 miles | 266 |
| Ponemah, MN | 48.9 miles | 391 |