Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.7 yrs |
|---|---|
| Avg HH Size | 2.66 |
| Below Poverty | 6.1% ▼ 39% below avg |
| College Grads | 43.2% ▲ 11% above avg |
| Unemployment | 3.5% ▼ 28% below avg |
| No HS Diploma | 13 (0.3%) |
| HS Graduate | 1,208 (32%) |
| Some College | 393 (10.4%) |
| Associates | 533 (14.1%) |
| Bachelors | 604 (16%) |
| Graduate Degree | 1,027 (27.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $109,242 ▲ 43% above avg |
|---|---|
| Median Home Value | $307,200 ▲ 10% above avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,130/mo |
| Total Housing Units | 2,253 |
| Vacant Units | 119 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Clearwater is a city in Minnesota, located in Wright County. The city spans 1 ZIP code and is home to approximately 5,676 residents. It is a middle-aged city, with a median age of 40.7 years.
Economically, Clearwater is a upper-middle-income community. The median household income of $109,242 is above the national average. Approximately 6.1% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Clearwater is a mid-range housing market. Median home values stand at $307,200, which is near the national average. Renters typically pay around $1,130 per month. Homeownership is high at 84.4%, typical of suburban and family-oriented communities.
The population of Clearwater is well-educated. 43.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.82%).
Clearwater, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55320 | 5,676 | $109,242 | $307,200 | $1,130 | 3.5% | 43.2% | 84.4% |