Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.2 yrs |
|---|---|
| Avg HH Size | 2.24 |
| Below Poverty | 5.9% ▼ 41% below avg |
| College Grads | 49.4% ▲ 28% above avg |
| Unemployment | 4.1% ▼ 16% below avg |
| No HS Diploma | 4 (0.7%) |
| HS Graduate | 115 (19.4%) |
| Some College | 33 (5.6%) |
| Associates | 148 (25%) |
| Bachelors | 100 (16.9%) |
| Graduate Degree | 193 (32.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $68,859 ▼ 10% below avg |
|---|---|
| Median Home Value | $107,700 ▼ 61% below avg |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $736/mo |
| Total Housing Units | 425 |
| Vacant Units | 60 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Biwabik is a city in Minnesota, located in St. Louis County. The city spans 1 ZIP code and is home to approximately 850 residents. It is a middle-aged city, with a median age of 39.2 years.
Economically, Biwabik is a solidly middle-class community. The median household income of $68,859 is near the national average. Approximately 5.9% of residents live below the poverty line. The unemployment rate is 4.1%, below the national average.
The real estate market in Biwabik is one of the more affordable housing markets in the country. Median home values stand at $107,700, which is well below the national average. Renters typically pay around $736 per month. Homeownership is high at 84.4%, typical of suburban and family-oriented communities.
The population of Biwabik is well-educated. 49.4% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (97.06%).
Biwabik, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55708 | 850 | $68,859 | $107,700 | $736 | 4.1% | 49.4% | 84.4% |