Living in Barrett, Minnesota
Cost of living, income, home prices, rent and demographics of Barrett · Census data 2020–2024
Barrett has 349 residents with a median age of 54.4. The median household income is $60,000 (33% lower than the Minnesota median), the median home value is $131,900, the median rent is $1,337/month.
Barrett is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Barrett at a glance
- Population
- 349
- Median age
- 54.4State: 38.8
- Median household income
- $60,000State: $89,062
- Median home value
- $131,900State: $329,300
- Median rent
- $1,337/moState: $1,280
- Homeowners
- 73.4%
- Bachelor's degree or higher
- 14.4%
- Average commute
- 31 min
Is Barrett a good place to live?
Pros: Home values 60% lower than the state median; unemployment of 0.7%; a poverty rate of 7.7%.
Cons: Median household income 33% lower than the Minnesota median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Barrett
Housing is the biggest part of the cost of living. In Barrett the median home value is $131,900, 60% lower than the U.S. median. Renters pay a median of $1,337 per month, which is 49.5% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.
Barrett median household income
The median household income in Barrett is $60,000 and the income per person is $34,032. 7.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Barrett: homes for sale and rent
- Housing units
- 194
- Owner-occupied
- 73.4%
- Renter-occupied
- 26.6%
- Vacant
- 20.6%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 1.97
Barrett demographics
- Population
- 349
- Median age
- 54.4
- Under 18
- 13.5%
- 65 and older
- 35.5%
- Households
- 154
- Foreign-born
- 0%
- Veterans
- 15.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Barrett ›
Education in Barrett
14.4% of adults 25 and older in Barrett have a bachelor's degree or higher (Minnesota: 39.4%), and 4.1% have a graduate or professional degree.
Jobs and commute in Barrett
- Unemployment rate
- 0.7%State: 4.1%
- Average commute
- 31 minState: 23 min
- Work from home
- 12.6%
- Drive alone
- 62.9%
- Public transit
- 0%
- Walk to work
- 6.6%
- Homes with broadband
- 83.8%
Barrett vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Barrett | 349 | $60,000 | $131,900 | $1,337 |
| Elbow Lake | 1,301 | $59,792 | $126,900 | $742 |
| Hoffman | 730 | $51,500 | $161,800 | $866 |
| Evansville | 550 | $64,028 | $133,000 | $700 |
| Wendell | 186 | $61,250 | $82,500 | $743 |
| Ashby | 394 | $63,333 | $154,500 | $732 |
| Herman | 441 | $82,917 | $106,300 | $540 |
| Kensington | 240 | $46,000 | $110,700 | $650 |
| Norcross | 106 | $118,056 | — | — |
More for people moving to Barrett
Barrett ZIP code ›Weather and climate ›Living in Barrett: FAQ
What is the median household income in Barrett, MN?
The median household income in Barrett is $60,000, 33% 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 Barrett?
The median home value in Barrett is $131,900, compared with $329,300 in Minnesota.
How much is rent in Barrett?
The median gross rent in Barrett is $1,337 per month, about 49.5% of household income.
Is Barrett, MN a good place to live?
Pluses: home values 60% lower than the state median; unemployment of 0.7%; a poverty rate of 7.7%. Minuses: median household income 33% lower than the Minnesota median; an average commute of 31 minutes.
What is the median age in Barrett?
The median age in Barrett is 54.4 years (Minnesota: 38.8).
How long is the commute in Barrett?
The average commute to work in Barrett is 31 minutes; 12.6% of workers work from home.
What is the unemployment rate in Barrett?
The unemployment rate in Barrett is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Barrett?
14.4% of adults in Barrett 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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