Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 60.2 yrs |
|---|---|
| Avg HH Size | 1.95 |
| Below Poverty | 11.6% ▲ 16% above avg |
| College Grads | 26.6% ▼ 31% below avg |
| Unemployment | 6.4% ▲ 30% above avg |
| No HS Diploma | 1 (0.1%) |
| HS Graduate | 317 (41.1%) |
| Some College | 92 (11.9%) |
| Associates | 157 (20.3%) |
| Bachelors | 100 (13%) |
| Graduate Degree | 105 (13.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,109 ▼ 21% below avg |
|---|---|
| Median Home Value | $222,300 ▼ 20% below avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $925/mo |
| Total Housing Units | 1,162 |
| Vacant Units | 668 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palisade is a city in Minnesota, located in Aitkin County. The city spans 1 ZIP code and is home to approximately 965 residents. It is an older city, with a median age of 60.2 years.
Economically, Palisade is a solidly middle-class community. The median household income of $60,109 is below the national average. Approximately 11.6% of residents live below the poverty line. The unemployment rate is 6.4%, above the national average.
The real estate market in Palisade is an affordable housing market. Median home values stand at $222,300, which is below the national average. Renters typically pay around $925 per month. Homeownership is high at 93.5%, typical of suburban and family-oriented communities.
The population of Palisade is moderately educated. 26.6% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (89.74%).
Palisade, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56469 | 965 | $60,109 | $222,300 | $925 | 6.4% | 26.6% | 93.5% |