Living in Biwabik, Minnesota
Cost of living, income, home prices, rent and demographics of Biwabik · Census data 2020–2024
Biwabik has 966 residents with a median age of 45.1. The median household income is $67,917 (24% lower than the Minnesota median), the median home value is $111,200, the median rent is $749/month.
Biwabik is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Biwabik at a glance
- Population
- 966
- Median age
- 45.1State: 38.8
- Median household income
- $67,917State: $89,062
- Median home value
- $111,200State: $329,300
- Median rent
- $749/moState: $1,280
- Homeowners
- 81.2%
- Bachelor's degree or higher
- 30.9%
- Average commute
- 18 min
Is Biwabik a good place to live?
Pros: Home values 66% lower than the state median; an average commute of 18 minutes; a poverty rate of 8.3%.
Cons: Median household income 24% lower than the Minnesota median; unemployment of 5.8%.
The weather is best in June to September.
Cost of living in Biwabik
Housing is the biggest part of the cost of living. In Biwabik the median home value is $111,200, 67% lower than the U.S. median. Renters pay a median of $749 per month, which is 14.9% of household income. Homeowners with a mortgage pay $1,250 a month in housing costs.
Biwabik median household income
The median household income in Biwabik is $67,917 and the income per person is $35,336. 8.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Biwabik: homes for sale and rent
- Housing units
- 505
- Owner-occupied
- 81.2%
- Renter-occupied
- 18.8%
- Vacant
- 16.8%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.20
Biwabik demographics
- Population
- 966
- Median age
- 45.1
- Under 18
- 20.9%
- 65 and older
- 20.5%
- Households
- 420
- Foreign-born
- 0.1%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Biwabik ›
Education in Biwabik
30.9% of adults 25 and older in Biwabik have a bachelor's degree or higher (Minnesota: 39.4%), and 11.6% have a graduate or professional degree.
Jobs and commute in Biwabik
- Unemployment rate
- 5.8%State: 4.1%
- Average commute
- 18 minState: 23 min
- Work from home
- 14.1%
- Drive alone
- 64.4%
- Public transit
- 0%
- Walk to work
- 11.7%
- Homes with broadband
- 92.9%
Biwabik vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Biwabik | 966 | $67,917 | $111,200 | $749 |
| Aurora | 1,792 | $42,083 | $97,600 | $509 |
| Gilbert | 1,697 | $64,625 | $126,000 | $698 |
| Virginia | 8,332 | $51,720 | $120,600 | $792 |
| Eveleth | 3,448 | $50,725 | $97,600 | $904 |
| Hoyt Lakes | 2,064 | $65,764 | $93,300 | $1,550 |
| Mountain Iron | 2,860 | $83,293 | $192,800 | $918 |
| Kinney | 115 | $57,045 | $121,900 | $525 |
| Tower | 367 | $65,893 | $109,600 | $586 |
More for people moving to Biwabik
Biwabik ZIP code ›Weather and climate ›Living in Biwabik: FAQ
What is the median household income in Biwabik, MN?
The median household income in Biwabik is $67,917, 24% 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 Biwabik?
The median home value in Biwabik is $111,200, compared with $329,300 in Minnesota.
How much is rent in Biwabik?
The median gross rent in Biwabik is $749 per month, about 14.9% of household income.
Is Biwabik, MN a good place to live?
Pluses: home values 66% lower than the state median; an average commute of 18 minutes; a poverty rate of 8.3%. Minuses: median household income 24% lower than the Minnesota median; unemployment of 5.8%.
What is the median age in Biwabik?
The median age in Biwabik is 45.1 years (Minnesota: 38.8).
How long is the commute in Biwabik?
The average commute to work in Biwabik is 18 minutes; 14.1% of workers work from home.
What is the unemployment rate in Biwabik?
The unemployment rate in Biwabik is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Biwabik?
30.9% of adults in Biwabik 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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