Living in Akeley, Minnesota

Cost of living, income, home prices, rent and demographics of Akeley · Census data 2020–2024

Akeley has 289 residents with a median age of 55.8. The median household income is $44,000 (51% lower than the Minnesota median), the median home value is $110,500, the median rent is $1,094/month.

Akeley is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Akeley at a glance

Population
289
Median age
55.8State: 38.8
Median household income
$44,000State: $89,062
Median home value
$110,500State: $329,300
Median rent
$1,094/moState: $1,280
Homeowners
89.4%
Bachelor's degree or higher
16%
Average commute
17 min

Is Akeley a good place to live?

Pros: Home values 66% lower than the state median; an average commute of 17 minutes.

Cons: Median household income 51% lower than the Minnesota median; a poverty rate of 14.2%.

The weather is best in June to September.

Cost of living in Akeley

Housing is the biggest part of the cost of living. In Akeley the median home value is $110,500, 67% lower than the U.S. median. Renters pay a median of $1,094 per month, which is 34.6% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.

Median home value

Akeley$110,500
Minnesota$329,300
United States$332,700

Median monthly rent

Akeley$1,094
Minnesota$1,280
United States$1,413

Akeley median household income

The median household income in Akeley is $44,000 and the income per person is $28,615. 14.2% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Akeley$44,000
Minnesota$89,062
United States$80,734

Housing in Akeley: homes for sale and rent

Housing units
187
Owner-occupied
89.4%
Renter-occupied
10.6%
Vacant
24.1%Includes seasonal homes
Median year built
1977
Average household size
2.04

Akeley demographics

Population
289
Median age
55.8
Under 18
12.1%
65 and older
29.1%
Households
142
Foreign-born
0%
Veterans
15%Adults 18+

Race and ethnicity

White91.3%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Akeley ›

Education in Akeley

16% of adults 25 and older in Akeley have a bachelor's degree or higher (Minnesota: 39.4%), and 2.3% have a graduate or professional degree.

Bachelor's degree or higher

Akeley16%
Minnesota39.4%
United States35.7%

Jobs and commute in Akeley

Unemployment rate
0%State: 4.1%
Average commute
17 minState: 23 min
Work from home
4.4%
Drive alone
74.5%
Public transit
0%
Walk to work
7.3%
Homes with broadband
66.2%

Akeley vs nearby towns

TownPopulationMedian incomeHome valueRent
Akeley289$44,000$110,500$1,094
Nevis496$60,268$182,000$595
Walker848$34,375$261,800$545
Hackensack248$41,250$176,800$620
Backus291$56,250$134,700$720
Lake George204$84,167$245,500$1,167
Park Rapids4,270$44,747$227,500$825
Chickamaw Beach248$110,000$298,800—
Longville138$32,917$187,500$525

More for people moving to Akeley

Akeley ZIP code ›Weather and climate ›

Living in Akeley: FAQ

What is the median household income in Akeley, MN?

The median household income in Akeley is $44,000, 51% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Akeley?

The median home value in Akeley is $110,500, compared with $329,300 in Minnesota.

How much is rent in Akeley?

The median gross rent in Akeley is $1,094 per month, about 34.6% of household income.

Is Akeley, MN a good place to live?

Pluses: home values 66% lower than the state median; an average commute of 17 minutes. Minuses: median household income 51% lower than the Minnesota median; a poverty rate of 14.2%.

What is the median age in Akeley?

The median age in Akeley is 55.8 years (Minnesota: 38.8).

How long is the commute in Akeley?

The average commute to work in Akeley is 17 minutes; 4.4% of workers work from home.

What is the unemployment rate in Akeley?

The unemployment rate in Akeley is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Akeley?

16% of adults in Akeley have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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