Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.6 yrs |
|---|---|
| Avg HH Size | 2.06 |
| Below Poverty | 14.5% ▲ 45% above avg |
| College Grads | 43.0% ▲ 11% above avg |
| Unemployment | 3.7% ▼ 24% below avg |
| No HS Diploma | 5 (0.4%) |
| HS Graduate | 365 (27.3%) |
| Some College | 156 (11.7%) |
| Associates | 237 (17.7%) |
| Bachelors | 274 (20.5%) |
| Graduate Degree | 301 (22.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,096 ▼ 21% below avg |
|---|---|
| Median Home Value | $107,600 ▼ 61% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $726/mo |
| Total Housing Units | 1,132 |
| Vacant Units | 276 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Babbitt is a city in Minnesota, located in St. Louis County. The city spans 1 ZIP code and is home to approximately 1,827 residents. It is an older city, with a median age of 55.6 years.
Economically, Babbitt is a solidly middle-class community. The median household income of $60,096 is below the national average. Approximately 14.5% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in Babbitt is one of the more affordable housing markets in the country. Median home values stand at $107,600, which is well below the national average. Renters typically pay around $726 per month. Homeownership is high at 85.5%, typical of suburban and family-oriented communities.
The population of Babbitt is well-educated. 43.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.85%).
Babbitt, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55706 | 1,827 | $60,096 | $107,600 | $726 | 3.7% | 43.0% | 85.5% |