Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.5 yrs |
|---|---|
| Avg HH Size | 2.58 |
| Below Poverty | 8.8% ▼ 12% below avg |
| College Grads | 37.0% ≈ Avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 4 (0.2%) |
| HS Graduate | 670 (39.1%) |
| Some College | 130 (7.6%) |
| Associates | 275 (16.1%) |
| Bachelors | 432 (25.2%) |
| Graduate Degree | 202 (11.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $69,896 ▼ 8% below avg |
|---|---|
| Median Home Value | $219,800 ▼ 21% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $792/mo |
| Total Housing Units | 1,221 |
| Vacant Units | 244 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Parkers Prairie is a city in Minnesota, located in Otter Tail County. The city spans 1 ZIP code and is home to approximately 2,590 residents. It is a middle-aged city, with a median age of 43.5 years.
Economically, Parkers Prairie is a solidly middle-class community. The median household income of $69,896 is near the national average. Approximately 8.8% of residents live below the poverty line. The unemployment rate is 3.3%, below the national average.
The real estate market in Parkers Prairie is an affordable housing market. Median home values stand at $219,800, which is below the national average. Renters typically pay around $792 per month. Homeownership is high at 84.9%, typical of suburban and family-oriented communities.
The population of Parkers Prairie is moderately educated. 37.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.6%).
Parkers Prairie, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56361 | 2,590 | $69,896 | $219,800 | $792 | 3.3% | 37.0% | 84.9% |