Living in Belgrade, Minnesota
Cost of living, income, home prices, rent and demographics of Belgrade · Census data 2020–2024
Belgrade has 758 residents with a median age of 36.1. The median household income is $51,103 (43% lower than the Minnesota median), the median home value is $163,400, the median rent is $756/month.
Belgrade is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Belgrade at a glance
- Population
- 758
- Median age
- 36.1State: 38.8
- Median household income
- $51,103State: $89,062
- Median home value
- $163,400State: $329,300
- Median rent
- $756/moState: $1,280
- Homeowners
- 66.1%
- Bachelor's degree or higher
- 19.4%
- Average commute
- 20 min
Is Belgrade a good place to live?
Pros: Home values 50% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 43% lower than the Minnesota median; unemployment of 5.5%; a poverty rate of 17%.
The weather is best in June to September.
Cost of living in Belgrade
Housing is the biggest part of the cost of living. In Belgrade the median home value is $163,400, 51% lower than the U.S. median. Renters pay a median of $756 per month, which is 30.6% of household income. Homeowners with a mortgage pay $1,238 a month in housing costs.
Belgrade median household income
The median household income in Belgrade is $51,103 and the income per person is $31,705. 17% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Belgrade: homes for sale and rent
- Housing units
- 352
- Owner-occupied
- 66.1%
- Renter-occupied
- 33.9%
- Vacant
- 5.4%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.17
Belgrade demographics
- Population
- 758
- Median age
- 36.1
- Under 18
- 21.9%
- 65 and older
- 22.3%
- Households
- 333
- Foreign-born
- 0.3%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Belgrade ›
Education in Belgrade
19.4% of adults 25 and older in Belgrade have a bachelor's degree or higher (Minnesota: 39.4%), and 1.7% have a graduate or professional degree.
Jobs and commute in Belgrade
- Unemployment rate
- 5.5%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 3.1%
- Drive alone
- 85%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 90.1%
Belgrade vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Belgrade | 758 | $51,103 | $163,400 | $756 |
| Brooten | 602 | $48,250 | $144,000 | $661 |
| Elrosa | 217 | $86,875 | $174,300 | $1,188 |
| New London | 1,187 | $68,421 | $218,800 | $946 |
| Greenwald | 270 | $72,625 | $149,200 | — |
| Sunburg | 106 | $48,750 | $92,500 | — |
| Meire Grove | 167 | $61,806 | $190,600 | $863 |
| Paynesville | 2,519 | $75,250 | $178,200 | $815 |
| Spicer | 1,222 | $77,969 | $294,700 | $859 |
More for people moving to Belgrade
Belgrade ZIP code ›Weather and climate ›Living in Belgrade: FAQ
What is the median household income in Belgrade, MN?
The median household income in Belgrade is $51,103, 43% 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 Belgrade?
The median home value in Belgrade is $163,400, compared with $329,300 in Minnesota.
How much is rent in Belgrade?
The median gross rent in Belgrade is $756 per month, about 30.6% of household income.
Is Belgrade, MN a good place to live?
Pluses: home values 50% lower than the state median; an average commute of 20 minutes. Minuses: median household income 43% lower than the Minnesota median; unemployment of 5.5%; a poverty rate of 17%.
What is the median age in Belgrade?
The median age in Belgrade is 36.1 years (Minnesota: 38.8).
How long is the commute in Belgrade?
The average commute to work in Belgrade is 20 minutes; 3.1% of workers work from home.
What is the unemployment rate in Belgrade?
The unemployment rate in Belgrade is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Belgrade?
19.4% of adults in Belgrade 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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