Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 56.4 yrs |
|---|---|
| Avg HH Size | 2.14 |
| Below Poverty | 6.7% ▼ 33% below avg |
| College Grads | 27.4% ▼ 29% below avg |
| Unemployment | 3.2% ▼ 35% below avg |
| HS Graduate | 203 (41.4%) |
| Some College | 79 (16.1%) |
| Associates | 74 (15.1%) |
| Bachelors | 80 (16.3%) |
| Graduate Degree | 54 (11%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $70,938 ≈ Avg |
|---|---|
| Median Home Value | $172,700 ▼ 38% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,283/mo |
| Total Housing Units | 329 |
| Vacant Units | 54 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Barrett is a city in Minnesota, located in Grant County. The city spans 1 ZIP code and is home to approximately 645 residents. It is an older city, with a median age of 56.4 years.
Economically, Barrett is a solidly middle-class community. The median household income of $70,938 is near the national average. Approximately 6.7% of residents live below the poverty line. The unemployment rate is 3.2%, below the national average.
The real estate market in Barrett is an affordable housing market. Median home values stand at $172,700, which is below the national average. Renters typically pay around $1,283 per month. Homeownership is high at 86.2%, typical of suburban and family-oriented communities.
The population of Barrett is moderately educated. 27.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (92.87%).
Barrett, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56311 | 645 | $70,938 | $172,700 | $1,283 | 3.2% | 27.4% | 86.2% |