Living in Askov, Minnesota

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

Askov has 304 residents with a median age of 43.5. The median household income is $31,250 (65% lower than the Minnesota median), the median home value is $152,700, the median rent is $346/month.

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

Askov at a glance

Population
304
Median age
43.5State: 38.8
Median household income
$31,250State: $89,062
Median home value
$152,700State: $329,300
Median rent
$346/moState: $1,280
Homeowners
56.3%
Bachelor's degree or higher
13.4%
Average commute
43 min

Is Askov a good place to live?

Pros: Home values 54% lower than the state median.

Cons: Median household income 65% lower than the Minnesota median; an average commute of 43 minutes; unemployment of 14.9%; a poverty rate of 24.3%.

The weather is best in June to September.

Cost of living in Askov

Housing is the biggest part of the cost of living. In Askov the median home value is $152,700, 54% lower than the U.S. median. Renters pay a median of $346 per month, which is 31.3% of household income. Homeowners with a mortgage pay $1,516 a month in housing costs.

Median home value

Askov$152,700
Minnesota$329,300
United States$332,700

Median monthly rent

Askov$346
Minnesota$1,280
United States$1,413

Askov median household income

The median household income in Askov is $31,250 and the income per person is $27,108. 24.3% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Askov$31,250
Minnesota$89,062
United States$80,734

Housing in Askov: homes for sale and rent

Housing units
198
Owner-occupied
56.3%
Renter-occupied
43.8%
Vacant
11.1%Includes seasonal homes
Median year built
1964
Average household size
1.73

Askov demographics

Population
304
Median age
43.5
Under 18
15.5%
65 and older
21.7%
Households
176
Foreign-born
2%
Veterans
8.2%Adults 18+

Race and ethnicity

White93.1%
Hispanic or Latino6.9%
Black0%
Asian0%

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

Education in Askov

13.4% of adults 25 and older in Askov have a bachelor's degree or higher (Minnesota: 39.4%), and 1.9% have a graduate or professional degree.

Bachelor's degree or higher

Askov13.4%
Minnesota39.4%
United States35.7%

Jobs and commute in Askov

Unemployment rate
14.9%State: 4.1%
Average commute
43 minState: 23 min
Work from home
6.5%
Drive alone
83.2%
Public transit
0%
Walk to work
1.9%
Homes with broadband
69.3%

Askov vs nearby towns

TownPopulationMedian incomeHome valueRent
Askov304$31,250$152,700$346
Sandstone2,482$51,875$166,300$1,015
Rutledge275$65,000$102,700$825
Finlayson267$68,500$219,400$950
Willow River342$58,125$206,300$743
Hinckley1,596$50,714$182,800$956
Sturgeon Lake568$79,722$210,200$1,094
Moose Lake2,863$64,286$205,000$907
Kettle River140$65,000$154,200—

More for people moving to Askov

Askov ZIP code ›Weather and climate ›

Living in Askov: FAQ

What is the median household income in Askov, MN?

The median household income in Askov is $31,250, 65% 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 Askov?

The median home value in Askov is $152,700, compared with $329,300 in Minnesota.

How much is rent in Askov?

The median gross rent in Askov is $346 per month, about 31.3% of household income.

Is Askov, MN a good place to live?

Pluses: home values 54% lower than the state median. Minuses: median household income 65% lower than the Minnesota median; an average commute of 43 minutes; unemployment of 14.9%; a poverty rate of 24.3%.

What is the median age in Askov?

The median age in Askov is 43.5 years (Minnesota: 38.8).

How long is the commute in Askov?

The average commute to work in Askov is 43 minutes; 6.5% of workers work from home.

What is the unemployment rate in Askov?

The unemployment rate in Askov is 14.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Askov?

13.4% of adults in Askov 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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