Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.5 yrs |
|---|---|
| Avg HH Size | 2.46 |
| Below Poverty | 3.4% ▼ 66% below avg |
| College Grads | 29.0% ▼ 25% below avg |
| Unemployment | 2.4% ▼ 52% below avg |
| HS Graduate | 66 (39.1%) |
| Some College | 25 (14.8%) |
| Associates | 29 (17.2%) |
| Bachelors | 30 (17.8%) |
| Graduate Degree | 19 (11.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,125 ▲ 9% above avg |
|---|---|
| Median Home Value | $95,600 ▼ 66% below avg |
| Home/Income Ratio | 1.2x (nat avg ~3.5x) |
| Median Rent | $1,400/mo |
| Total Housing Units | 136 |
| Vacant Units | 29 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Ormsby is a city in Minnesota, located in Martin County. The city spans 1 ZIP code and is home to approximately 263 residents. It is a middle-aged city, with a median age of 38.5 years.
Economically, Ormsby is a middle-income community. The median household income of $83,125 is near the national average. Approximately 3.4% of residents live below the poverty line. The unemployment rate is 2.4%, well below the national average.
The real estate market in Ormsby is one of the more affordable housing markets in the country. Median home values stand at $95,600, which is well below the national average. Renters typically pay around $1,400 per month. Homeownership is high at 87.9%, typical of suburban and family-oriented communities.
The population of Ormsby is moderately educated. 29.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (99.62%).
Ormsby, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56162 | 263 | $83,125 | $95,600 | $1,400 | 2.4% | 29.0% | 87.9% |