Terrace, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Terrace, MN: Quick Facts & Overview
- Population: 5,776 residents (28 people per sq. mi.)
- Average House Price: $276,074
- Average Household Income: $69,525
Terrace, MN is located in the state of Minnesota. It is home to about 5,776 people, with around 28 residents living in every square mile.
If you want to buy a house in Terrace, the average price is around $276,074. That makes local housing 6% higher than the Minnesota average of $260,056, and 11% lower than the national average of $308,592.
The average household in Terrace earns about $69,525 a year. This income is 15% lower than the average family in Minnesota ($82,068), and 12% lower than the national average ($78,686).
Population
5,776
Median Household Income
$69,525
Median Home Value
$276,074
Median Age
48.6 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $38,682 |
| Labor Force Participation | 58.1% |
| Unemployment Rate | 0.7% |
| Average Commute Time | 23.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 82.5% |
| Median Rent | $884 |
| Rent Burdened (>30% Income) | 56.0% |
| Total Housing Units | 2,555 |
Additional Census & Housing Profile
Geographic Overview
| County | Pope |
| County FIPS | 27121 |
| Metro Area (CBSA) | - |
| Population Density | 28.0/sq mi |
| Coordinates (lat/lng) | 45.5100, -95.3200 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.80 |
| Dual Income Families | 53.5% |
Marital Status
| Married | 59.9% |
| Never Married | 20.3% |
| Divorced | 9.7% |
| Widowed | 10.2% |
Gender
| Male | 50.3% |
| Female | 49.7% |
Health & Poverty
| Uninsured Rate (Health) | 3.4% |
| Poverty Rate | 11.5% |
Key Population Groups
| Veterans | 7.8% |
| Disabled Population | 14.9% |
| Limited English Proficiency | 0.3% |
All ZIP Codes in Terrace
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 56334 | 5,776 | $69,525 | $276,074 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Brooten, MN | 9.9 miles | 602 |
| Glenwood, MN | 10.1 miles | 2,633 |
| Long Beach, MN | 11.1 miles | 318 |
| Sunburg, MN | 11.9 miles | 106 |
| Starbuck, MN | 12.4 miles | 1,235 |
| Villard, MN | 14.3 miles | 236 |
| Belgrade, MN | 16 miles | 758 |
| Lowry, MN | 16.6 miles | 348 |
| Elrosa, MN | 18.4 miles | 217 |
| Benson, MN | 19.3 miles | 3,441 |
| Forada, MN | 19.3 miles | 161 |
| Murdock, MN | 20.1 miles | 331 |
| Cyrus, MN | 21.5 miles | 355 |
| Kerkhoven, MN | 21.9 miles | 802 |
| Hancock, MN | 23 miles | 859 |
| Greenwald, MN | 23.2 miles | 270 |
| Meire Grove, MN | 23.2 miles | 167 |
| New London, MN | 23.3 miles | 1,187 |
| Sauk Centre, MN | 23.7 miles | 4,621 |
| Alexandria, MN | 25.5 miles | 14,735 |
| Osakis, MN | 25.8 miles | 1,623 |
| Kensington, MN | 26 miles | 240 |
| Pennock, MN | 26.1 miles | 549 |
| Nelson, MN | 26.1 miles | 155 |
| Danvers, MN | 26.4 miles | 126 |
| Spicer, MN | 26.6 miles | 1,222 |
| Melrose, MN | 27.1 miles | 3,671 |
| New Munich, MN | 28.7 miles | 299 |
| Morris, MN | 28.8 miles | 5,128 |
| Willmar, MN | 29.7 miles | 21,378 |
| Paynesville, MN | 30.4 miles | 2,519 |
| Garfield, MN | 30.8 miles | 282 |
| St. Martin, MN | 31.6 miles | 313 |
| Hoffman, MN | 31.8 miles | 730 |
| Carlos, MN | 32.1 miles | 512 |
| Kandiyohi, MN | 32.2 miles | 493 |
| Freeport, MN | 32.3 miles | 787 |
| Raymond, MN | 34.2 miles | 692 |
| Brandon, MN | 34.2 miles | 451 |
| Grey Eagle, MN | 35.1 miles | 295 |
| Donnelly, MN | 35.8 miles | 277 |
| Atwater, MN | 37 miles | 1,203 |
| Miltona, MN | 37.1 miles | 418 |
| Albany, MN | 37.3 miles | 2,821 |
| Clara City, MN | 38.2 miles | 1,466 |
| Evansville, MN | 38.6 miles | 550 |
| Long Prairie, MN | 39.1 miles | 3,693 |
| Richmond, MN | 39.3 miles | 1,431 |
| Barrett, MN | 39.3 miles | 349 |
| Eden Valley, MN | 39.7 miles | 1,002 |
| Grove City, MN | 39.8 miles | 814 |
| Milan, MN | 39.8 miles | 564 |
| Appleton, MN | 40.3 miles | 1,393 |
| Prinsburg, MN | 40.3 miles | 651 |
| Millerville, MN | 40.3 miles | 116 |
| Chokio, MN | 41.6 miles | 392 |
| Watson, MN | 41.7 miles | 200 |
| Upsala, MN | 41.8 miles | 417 |
| Blomkest, MN | 41.8 miles | 129 |
| Avon, MN | 42.1 miles | 1,552 |
| Maynard, MN | 42.4 miles | 234 |
| Montevideo, MN | 43.2 miles | 5,315 |
| Swanville, MN | 43.2 miles | 274 |
| Cold Spring, MN | 43.3 miles | 4,249 |
| Holdingford, MN | 43.7 miles | 718 |
| Parkers Prairie, MN | 44.4 miles | 980 |
| Lake Lillian, MN | 44.5 miles | 157 |
| Herman, MN | 44.8 miles | 441 |
| Saint John's University, MN | 45.1 miles | 1,580 |
| Browerville, MN | 45.1 miles | 902 |
| Elmdale, MN | 45.7 miles | 172 |
| Elbow Lake, MN | 45.9 miles | 1,301 |
| Watkins, MN | 46 miles | 765 |
| Clarissa, MN | 46.3 miles | 622 |
| Ashby, MN | 46.8 miles | 394 |
| Litchfield, MN | 47 miles | 6,576 |
| Eagle Bend, MN | 47.3 miles | 597 |
| Rockville, MN | 48.4 miles | 2,452 |
| Flensburg, MN | 48.7 miles | 199 |
| Bowlus, MN | 49 miles | 278 |
| Norcross, MN | 49 miles | 106 |
| St. Joseph, MN | 49.3 miles | 7,021 |
| Granite Falls, MN | 49.5 miles | 2,685 |
| Sobieski, MN | 49.5 miles | 192 |
| Renville, MN | 50 miles | 1,503 |
| Cosmos, MN | 50 miles | 536 |
| Danube, MN | 50.8 miles | 472 |