Living in Alexandria, Minnesota
Cost of living, income, home prices, rent and demographics of Alexandria · Census data 2020–2024
Alexandria has 14,735 residents with a median age of 40.8. The median household income is $61,374 (31% lower than the Minnesota median), the median home value is $275,300, the median rent is $934/month.
Alexandria at a glance
- Population
- 14,735
- Median age
- 40.8State: 38.8
- Median household income
- $61,374State: $89,062
- Median home value
- $275,300State: $329,300
- Median rent
- $934/moState: $1,280
- Homeowners
- 57.4%
- Bachelor's degree or higher
- 33.2%
- Average commute
- 18 min
Is Alexandria a good place to live?
Pros: Home values 16% lower than the state median; an average commute of 18 minutes; unemployment of 3.6%.
Cons: Median household income 31% lower than the Minnesota median; a poverty rate of 12%.
The weather is best in June to September.
Cost of living in Alexandria
Housing is the biggest part of the cost of living. In Alexandria the median home value is $275,300, 17% lower than the U.S. median. Renters pay a median of $934 per month, which is 28.3% of household income. Homeowners with a mortgage pay $1,609 a month in housing costs.
Alexandria median household income
The median household income in Alexandria is $61,374 and the income per person is $41,095. 12% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Alexandria: homes for sale and rent
- Housing units
- 7,715
- Owner-occupied
- 57.4%
- Renter-occupied
- 42.6%
- Vacant
- 9.6%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.02
Alexandria demographics
- Population
- 14,735
- Median age
- 40.8
- Under 18
- 20.1%
- 65 and older
- 24.4%
- Households
- 6,975
- Foreign-born
- 2.2%
- Veterans
- 7.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Alexandria ›
Education in Alexandria
33.2% of adults 25 and older in Alexandria have a bachelor's degree or higher (Minnesota: 39.4%), and 10.1% have a graduate or professional degree.
Jobs and commute in Alexandria
- Unemployment rate
- 3.6%State: 4.1%
- Average commute
- 18 minState: 23 min
- Work from home
- 9.1%
- Drive alone
- 78.1%
- Public transit
- 0.4%
- Walk to work
- 3.2%
- Homes with broadband
- 85.9%
Alexandria vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alexandria | 14,735 | $61,374 | $275,300 | $934 |
| Nelson | 155 | $57,188 | $157,500 | $1,000 |
| Forada | 161 | $80,500 | $288,600 | $1,094 |
| Garfield | 282 | $56,696 | $166,600 | $481 |
| Carlos | 512 | $69,792 | $204,500 | $925 |
| Osakis | 1,623 | $50,833 | $173,500 | $477 |
| Brandon | 451 | $73,375 | $175,800 | $860 |
| Miltona | 418 | $62,917 | $184,100 | $858 |
| Villard | 236 | $56,000 | $152,400 | $1,097 |
More for people moving to Alexandria
Alexandria ZIP code ›Weather and climate ›Living in Alexandria: FAQ
What is the median household income in Alexandria, MN?
The median household income in Alexandria is $61,374, 31% 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 Alexandria?
The median home value in Alexandria is $275,300, compared with $329,300 in Minnesota.
How much is rent in Alexandria?
The median gross rent in Alexandria is $934 per month, about 28.3% of household income.
Is Alexandria, MN a good place to live?
Pluses: home values 16% lower than the state median; an average commute of 18 minutes; unemployment of 3.6%. Minuses: median household income 31% lower than the Minnesota median; a poverty rate of 12%.
What is the median age in Alexandria?
The median age in Alexandria is 40.8 years (Minnesota: 38.8).
How long is the commute in Alexandria?
The average commute to work in Alexandria is 18 minutes; 9.1% of workers work from home.
What is the unemployment rate in Alexandria?
The unemployment rate in Alexandria is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alexandria?
33.2% of adults in Alexandria 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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