Living in Alden, Minnesota
Cost of living, income, home prices, rent and demographics of Alden · Census data 2020–2024
Alden has 629 residents with a median age of 50.5. The median household income is $73,250 (18% lower than the Minnesota median), the median home value is $128,400, the median rent is $1,042/month.
Alden is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Alden at a glance
- Population
- 629
- Median age
- 50.5State: 38.8
- Median household income
- $73,250State: $89,062
- Median home value
- $128,400State: $329,300
- Median rent
- $1,042/moState: $1,280
- Homeowners
- 82.8%
- Bachelor's degree or higher
- 18.2%
- Average commute
- 20 min
Is Alden a good place to live?
Pros: Home values 61% lower than the state median; an average commute of 20 minutes; a poverty rate of 4.5%.
Cons: Median household income 18% lower than the Minnesota median; unemployment of 8.4%.
The weather is best in June to September.
Cost of living in Alden
Housing is the biggest part of the cost of living. In Alden the median home value is $128,400, 61% lower than the U.S. median. Renters pay a median of $1,042 per month, which is 14.9% of household income. Homeowners with a mortgage pay $1,161 a month in housing costs.
Alden median household income
The median household income in Alden is $73,250 and the income per person is $39,880. 4.5% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Alden: homes for sale and rent
- Housing units
- 295
- Owner-occupied
- 82.8%
- Renter-occupied
- 17.2%
- Vacant
- 7.5%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.30
Alden demographics
- Population
- 629
- Median age
- 50.5
- Under 18
- 17.3%
- 65 and older
- 21.6%
- Households
- 273
- Foreign-born
- 0.5%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Alden ›
Education in Alden
18.2% of adults 25 and older in Alden have a bachelor's degree or higher (Minnesota: 39.4%), and 6.4% have a graduate or professional degree.
Jobs and commute in Alden
- Unemployment rate
- 8.4%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 6.1%
- Drive alone
- 88.6%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 94.5%
Alden vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alden | 629 | $73,250 | $128,400 | $1,042 |
| Freeborn | 348 | $50,000 | $88,800 | $642 |
| Wells | 2,296 | $60,156 | $103,900 | $694 |
| Albert Lea | 18,330 | $64,603 | $157,500 | $857 |
| Hartland | 422 | $86,250 | $166,900 | $529 |
| Twin Lakes | 158 | $55,089 | — | $558 |
| Kiester | 494 | $52,727 | $58,800 | $820 |
| Emmons | 363 | $57,969 | $106,700 | $792 |
| Clarks Grove | 636 | $73,750 | $123,400 | $845 |
More for people moving to Alden
Alden ZIP code ›Weather and climate ›Living in Alden: FAQ
What is the median household income in Alden, MN?
The median household income in Alden is $73,250, 18% 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 Alden?
The median home value in Alden is $128,400, compared with $329,300 in Minnesota.
How much is rent in Alden?
The median gross rent in Alden is $1,042 per month, about 14.9% of household income.
Is Alden, MN a good place to live?
Pluses: home values 61% lower than the state median; an average commute of 20 minutes; a poverty rate of 4.5%. Minuses: median household income 18% lower than the Minnesota median; unemployment of 8.4%.
What is the median age in Alden?
The median age in Alden is 50.5 years (Minnesota: 38.8).
How long is the commute in Alden?
The average commute to work in Alden is 20 minutes; 6.1% of workers work from home.
What is the unemployment rate in Alden?
The unemployment rate in Alden is 8.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alden?
18.2% of adults in Alden 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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