Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.5 yrs |
|---|---|
| Avg HH Size | 2.78 |
| Below Poverty | 28.1% ▲ 181% above avg |
| College Grads | 47.4% ▲ 22% above avg |
| Unemployment | 11.4% ▲ 133% above avg |
| HS Graduate | 27 (34.6%) |
| Some College | 5 (6.4%) |
| Associates | 9 (11.5%) |
| Bachelors | 21 (26.9%) |
| Graduate Degree | 16 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,833 ▼ 33% below avg |
|---|---|
| Median Home Value | $177,500 ▼ 36% below avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $781/mo |
| Total Housing Units | 75 |
| Vacant Units | 11 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Aldrich is a city in Minnesota, located in Wadena County. The city spans 1 ZIP code and is home to approximately 178 residents. It is a mature city, with a median age of 46.5 years.
Economically, Aldrich is a working-class community. The median household income of $50,833 is below the national average. Approximately 28.1% of residents live below the poverty line. The unemployment rate is 11.4%, more than double the national average.
The real estate market in Aldrich is an affordable housing market. Median home values stand at $177,500, which is below the national average. Renters typically pay around $781 per month. Homeownership is high at 85.9%, typical of suburban and family-oriented communities.
The population of Aldrich is well-educated. 47.4% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (89.89%).
Aldrich, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56434 | 178 | $50,833 | $177,500 | $781 | 11.4% | 47.4% | 85.9% |