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Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Babbitt city, Minnesota?

$102,300/home 6.6%vs 2023 ($96,000)

City · Census ACS 5-Year estimates

The median home value in Babbitt city, Minnesota is $102,300 (±$10,441), based on Census ACS 5-Year estimates (2024). The median gross rent is $737/month, and the median household income is $55,875/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Babbitt city, Minnesota

MetricValue
Median Home Value$102,300
Median Gross Rent$737
Median Household Income$55,875
Total Housing Units651
Renter-Occupied Units82
Renter-Occupied Share13%

How does Babbitt city, Minnesota compare?

Median home value ranked against all cities in Minnesota.

Higher home value than 17% of cities in Minnesota · 724th of 870

Cheapest: Funkley city($22,900)
Priciest: Village of Minnetonka Beach city($2,000,001)
#CityValue
1Village of Minnetonka Beach city$2,000,001
2Greenwood city$1,240,400
3Woodland city$1,185,300
… 720 more …
724Babbitt city(you are here)$102,300
… 143 more …
868Funkley city$22,900
869Landfall city$18,900
870Rice Lake CDP$18,800

More data for Babbitt city, Minnesota

Frequently asked questions

What is the median home value in Babbitt city, Minnesota?

The median home value in Babbitt city, Minnesota is $102,300, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent in Babbitt city, Minnesota?

The median gross rent in Babbitt city, Minnesota is $737/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in Babbitt city, Minnesota?

The median household income in Babbitt city, Minnesota is $55,875/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $102,300 has a margin of error of ±$10,441. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.