Living in Barnum, Minnesota

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

Barnum has 503 residents with a median age of 48.9. The median household income is $43,438 (51% lower than the Minnesota median), the median home value is $155,200, the median rent is $885/month.

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

Barnum at a glance

Population
503
Median age
48.9State: 38.8
Median household income
$43,438State: $89,062
Median home value
$155,200State: $329,300
Median rent
$885/moState: $1,280
Homeowners
55%
Bachelor's degree or higher
19.6%
Average commute
23 min

Is Barnum a good place to live?

Pros: Home values 53% lower than the state median.

Cons: Median household income 51% lower than the Minnesota median; an average commute of 23 minutes; unemployment of 10.2%; a poverty rate of 18.5%.

The weather is best in June to September.

Cost of living in Barnum

Housing is the biggest part of the cost of living. In Barnum the median home value is $155,200, 53% lower than the U.S. median. Renters pay a median of $885 per month, which is 27.5% of household income. Homeowners with a mortgage pay $1,246 a month in housing costs.

Median home value

Barnum$155,200
Minnesota$329,300
United States$332,700

Median monthly rent

Barnum$885
Minnesota$1,280
United States$1,413

Barnum median household income

The median household income in Barnum is $43,438 and the income per person is $35,996. 18.5% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Barnum$43,438
Minnesota$89,062
United States$80,734

Housing in Barnum: homes for sale and rent

Housing units
288
Owner-occupied
55%
Renter-occupied
45%
Vacant
16%Includes seasonal homes
Median year built
1969
Average household size
1.99

Barnum demographics

Population
503
Median age
48.9
Under 18
21.1%
65 and older
29.2%
Households
242
Foreign-born
1%
Veterans
9.9%Adults 18+

Race and ethnicity

White94.2%
Hispanic or Latino0.2%
Black0.4%
Asian0.8%

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

Education in Barnum

19.6% of adults 25 and older in Barnum have a bachelor's degree or higher (Minnesota: 39.4%), and 7% have a graduate or professional degree.

Bachelor's degree or higher

Barnum19.6%
Minnesota39.4%
United States35.7%

Jobs and commute in Barnum

Unemployment rate
10.2%State: 4.1%
Average commute
23 minState: 23 min
Work from home
10.8%
Drive alone
75.3%
Public transit
0%
Walk to work
1.7%
Homes with broadband
81.8%

Barnum vs nearby towns

TownPopulationMedian incomeHome valueRent
Barnum503$43,438$155,200$885
Mahtowa428$78,750$273,400—
Moose Lake2,863$64,286$205,000$907
Kettle River140$65,000$154,200—
Sturgeon Lake568$79,722$210,200$1,094
Big Lake378$92,500$256,800$99
Willow River342$58,125$206,300$743
Cromwell423$58,750$156,300$463
Carlton875$63,375$201,400$970

More for people moving to Barnum

Barnum ZIP code ›Weather and climate ›

Living in Barnum: FAQ

What is the median household income in Barnum, MN?

The median household income in Barnum is $43,438, 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 Barnum?

The median home value in Barnum is $155,200, compared with $329,300 in Minnesota.

How much is rent in Barnum?

The median gross rent in Barnum is $885 per month, about 27.5% of household income.

Is Barnum, MN a good place to live?

Pluses: home values 53% lower than the state median. Minuses: median household income 51% lower than the Minnesota median; an average commute of 23 minutes; unemployment of 10.2%; a poverty rate of 18.5%.

What is the median age in Barnum?

The median age in Barnum is 48.9 years (Minnesota: 38.8).

How long is the commute in Barnum?

The average commute to work in Barnum is 23 minutes; 10.8% of workers work from home.

What is the unemployment rate in Barnum?

The unemployment rate in Barnum is 10.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Barnum?

19.6% of adults in Barnum 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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