Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.9 yrs |
|---|---|
| Avg HH Size | 2.28 |
| Below Poverty | 10.0% ≈ Avg |
| College Grads | 47.1% ▲ 22% above avg |
| Unemployment | 4.7% ≈ Avg |
| No HS Diploma | 54 (0.7%) |
| HS Graduate | 1,912 (25.6%) |
| Some College | 949 (12.7%) |
| Associates | 1,037 (13.9%) |
| Bachelors | 1,228 (16.4%) |
| Graduate Degree | 2,297 (30.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $68,351 ▼ 10% below avg |
|---|---|
| Median Home Value | $260,500 ≈ Avg |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $929/mo |
| Total Housing Units | 7,478 |
| Vacant Units | 2,824 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Park Rapids is a city in Minnesota, located in Hubbard County. The city spans 1 ZIP code and is home to approximately 10,859 residents. It is a mature city, with a median age of 48.9 years.
Economically, Park Rapids is a solidly middle-class community. The median household income of $68,351 is near the national average. Approximately 10.0% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.
The real estate market in Park Rapids is a mid-range housing market. Median home values stand at $260,500, which is near the national average. Renters typically pay around $929 per month. Homeownership is high at 73.4%, typical of suburban and family-oriented communities.
The population of Park Rapids is well-educated. 47.1% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (90.97%).
Park Rapids, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56470 | 10,859 | $68,351 | $260,500 | $929 | 4.7% | 47.1% | 73.4% |