Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.5 yrs |
|---|---|
| Avg HH Size | 2.42 |
| Below Poverty | 2.6% ▼ 74% below avg |
| College Grads | 32.5% ▼ 16% below avg |
| Unemployment | 2.9% ▼ 40% below avg |
| HS Graduate | 187 (37.1%) |
| Some College | 55 (10.9%) |
| Associates | 98 (19.4%) |
| Bachelors | 58 (11.5%) |
| Graduate Degree | 106 (21%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,979 ≈ Avg |
|---|---|
| Median Home Value | $123,000 ▼ 56% below avg |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $675/mo |
| Total Housing Units | 331 |
| Vacant Units | 28 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Russell is a city in Minnesota, located in Lyon County. The city spans 1 ZIP code and is home to approximately 734 residents. It is a mature city, with a median age of 46.5 years.
Economically, Russell is a middle-income community. The median household income of $81,979 is near the national average. Approximately 2.6% of residents live below the poverty line. The unemployment rate is 2.9%, below the national average.
The real estate market in Russell is one of the more affordable housing markets in the country. Median home values stand at $123,000, which is well below the national average. Renters typically pay around $675 per month. Homeownership is high at 89.1%, typical of suburban and family-oriented communities.
The population of Russell is moderately educated. 32.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (88.96%).
Russell, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56169 | 734 | $81,979 | $123,000 | $675 | 2.9% | 32.5% | 89.1% |