Basswood, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Basswood, MN: Quick Facts & Overview
- Population: 820 residents (7 people per sq. mi.)
- Average House Price: $395,204
- Average Household Income: $63,750
Basswood, MN is located in the state of Minnesota. It is home to about 820 people, with around 7 residents living in every square mile.
If you want to buy a house in Basswood, the average price is around $395,204. That makes local housing 52% higher than the Minnesota average of $260,056, and 28% higher than the national average of $308,592.
The average household in Basswood earns about $63,750 a year. This income is 22% lower than the average family in Minnesota ($82,068), and 19% lower than the national average ($78,686).
Population
820
Median Household Income
$63,750
Median Home Value
$395,204
Median Age
64.2 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $35,741 |
| Labor Force Participation | 37.9% |
| Unemployment Rate | 3.6% |
| Average Commute Time | 24.9 mins |
Housing & Community Metrics
| Home Ownership Rate | 89.6% |
| Median Rent | $840 |
| Rent Burdened (>30% Income) | 22.0% |
| Total Housing Units | 386 |
Additional Census & Housing Profile
Geographic Overview
| County | Otter Tail |
| County FIPS | 27111 |
| Metro Area (CBSA) | Fergus Falls, MN |
| Population Density | 6.6/sq mi |
| Coordinates (lat/lng) | 46.4555, -95.6934 |
| Timezone | America/Chicago |
| National Ranking | 5 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.37 |
| Dual Income Families | 27.3% |
Marital Status
| Married | 71.3% |
| Never Married | 17.0% |
| Divorced | 7.6% |
| Widowed | 4.0% |
Gender
| Male | 52.8% |
| Female | 47.2% |
Health & Poverty
| Uninsured Rate (Health) | 2.7% |
| Poverty Rate | 9.5% |
Key Population Groups
| Veterans | 12.9% |
| Disabled Population | 23.3% |
| Limited English Proficiency | - |
All ZIP Codes in Basswood
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 56576 | 820 | $63,750 | $395,204 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Ottertail, MN | 6.5 miles | 490 |
| Dent, MN | 6.8 miles | 230 |
| Perham, MN | 11.4 miles | 3,627 |
| Battle Lake, MN | 11.8 miles | 786 |
| Clitherall, MN | 12.9 miles | 111 |
| Underwood, MN | 14.4 miles | 461 |
| Vergas, MN | 14.7 miles | 258 |
| Henning, MN | 15 miles | 860 |
| New York Mills, MN | 15.9 miles | 1,371 |
| Deer Creek, MN | 18.3 miles | 330 |
| Frazee, MN | 18.8 miles | 1,647 |
| Erhard, MN | 19.3 miles | 154 |
| Pelican Rapids, MN | 20.3 miles | 2,586 |
| Elizabeth, MN | 21.5 miles | 122 |
| Fergus Falls, MN | 21.7 miles | 14,181 |
| Bluffton, MN | 21.9 miles | 263 |
| Dalton, MN | 22.2 miles | 223 |
| Detroit Lakes, MN | 25.3 miles | 10,025 |
| Ashby, MN | 25.7 miles | 394 |
| Wadena, MN | 26.9 miles | 4,419 |
| Parkers Prairie, MN | 27.2 miles | 980 |
| Millerville, MN | 27.5 miles | 116 |
| Rothsay, MN | 28.1 miles | 454 |
| Hewitt, MN | 30.1 miles | 283 |
| Evansville, MN | 31 miles | 550 |
| Sebeka, MN | 31.2 miles | 725 |
| Audubon, MN | 31.4 miles | 388 |
| Foxhome, MN | 32 miles | 110 |
| Verndale, MN | 32.7 miles | 452 |
| Bertha, MN | 32.8 miles | 474 |
| Brandon, MN | 34.1 miles | 451 |
| Miltona, MN | 34.1 miles | 418 |
| Menahga, MN | 34.6 miles | 1,343 |
| Elbow Lake, MN | 34.9 miles | 1,301 |
| Wendell, MN | 34.9 miles | 186 |
| Lake Park, MN | 35.3 miles | 600 |
| Barnesville, MN | 36.9 miles | 2,762 |
| Garfield, MN | 36.9 miles | 282 |
| Eagle Bend, MN | 37.3 miles | 597 |
| Callaway, MN | 37.8 miles | 224 |
| Carlos, MN | 38.4 miles | 512 |
| Osage, MN | 38.6 miles | 290 |
| Barrett, MN | 38.7 miles | 349 |
| Pine Point, MN | 39.6 miles | 241 |
| Nimrod, MN | 40.6 miles | 118 |
| Hawley, MN | 41.5 miles | 2,178 |
| Campbell, MN | 42 miles | 245 |
| Clarissa, MN | 42.1 miles | 622 |
| Alexandria, MN | 42.7 miles | 14,735 |
| Staples, MN | 42.9 miles | 2,269 |
| Hoffman, MN | 43.1 miles | 730 |
| Park Rapids, MN | 43.9 miles | 4,270 |
| Nelson, MN | 44.3 miles | 155 |
| Breckenridge, MN | 44.5 miles | 3,349 |
| Hitterdal, MN | 44.9 miles | 314 |
| White Earth, MN | 45 miles | 506 |
| Wahpeton, ND | 45.6 miles | 8,010 |
| Ogema, MN | 45.9 miles | 257 |
| Kensington, MN | 46.8 miles | 240 |
| Norcross, MN | 47.2 miles | 106 |
| Browerville, MN | 47.3 miles | 902 |
| Osakis, MN | 48.3 miles | 1,623 |
| Forada, MN | 48.8 miles | 161 |
| Abercrombie, ND | 49.3 miles | 232 |
| Herman, MN | 49.5 miles | 441 |
| Wolverton, MN | 50.1 miles | 145 |
| Ulen, MN | 50.6 miles | 413 |
| Glyndon, MN | 50.8 miles | 1,098 |
| Motley, MN | 50.8 miles | 608 |
| Sabin, MN | 50.9 miles | 718 |