Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.3 yrs |
|---|---|
| Avg HH Size | 2.64 |
| Below Poverty | 10.9% ▲ 9% above avg |
| College Grads | 39.1% ≈ Avg |
| Unemployment | 4.7% ≈ Avg |
| No HS Diploma | 5 (2%) |
| HS Graduate | 94 (36.7%) |
| Some College | 21 (8.2%) |
| Associates | 36 (14.1%) |
| Bachelors | 38 (14.8%) |
| Graduate Degree | 62 (24.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,000 ▼ 8% below avg |
|---|---|
| Median Home Value | $129,700 ▼ 53% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $1,208/mo |
| Total Housing Units | 212 |
| Vacant Units | 38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Alvarado is a city in Minnesota, located in Marshall County. The city spans 1 ZIP code and is home to approximately 460 residents. It is a relatively young city, with a median age of 35.3 years.
Economically, Alvarado is a solidly middle-class community. The median household income of $70,000 is near the national average. Approximately 10.9% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.
The real estate market in Alvarado is one of the more affordable housing markets in the country. Median home values stand at $129,700, which is well below the national average. Renters typically pay around $1,208 per month. Homeownership is high at 83.9%, typical of suburban and family-oriented communities.
The population of Alvarado is moderately educated. 39.1% of adults hold a bachelor's degree or higher — near the national average. The community is majority White (68.04%).
Alvarado, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56710 | 460 | $70,000 | $129,700 | $1,208 | 4.7% | 39.1% | 83.9% |