Living in Breckenridge, Minnesota
Cost of living, income, home prices, rent and demographics of Breckenridge · Census data 2020–2024
Breckenridge has 3,349 residents with a median age of 40.5. The median household income is $58,963 (34% lower than the Minnesota median), the median home value is $144,500, the median rent is $515/month.
Breckenridge at a glance
- Population
- 3,349
- Median age
- 40.5State: 38.8
- Median household income
- $58,963State: $89,062
- Median home value
- $144,500State: $329,300
- Median rent
- $515/moState: $1,280
- Homeowners
- 69.2%
- Bachelor's degree or higher
- 22.6%
- Average commute
- 20 min
Is Breckenridge a good place to live?
Pros: Home values 56% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 34% lower than the Minnesota median; unemployment of 6.8%; a poverty rate of 22.2%.
The weather is best in June to September.
Cost of living in Breckenridge
Housing is the biggest part of the cost of living. In Breckenridge the median home value is $144,500, 57% lower than the U.S. median. Renters pay a median of $515 per month, which is 27.2% of household income. Homeowners with a mortgage pay $1,199 a month in housing costs.
Breckenridge median household income
The median household income in Breckenridge is $58,963 and the income per person is $30,431. 22.2% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Breckenridge: homes for sale and rent
- Housing units
- 1,648
- Owner-occupied
- 69.2%
- Renter-occupied
- 30.8%
- Vacant
- 14.5%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.30
Breckenridge demographics
- Population
- 3,349
- Median age
- 40.5
- Under 18
- 22.4%
- 65 and older
- 19.9%
- Households
- 1,409
- Foreign-born
- 2.2%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Breckenridge ›
Education in Breckenridge
22.6% of adults 25 and older in Breckenridge have a bachelor's degree or higher (Minnesota: 39.4%), and 5.5% have a graduate or professional degree.
Jobs and commute in Breckenridge
- Unemployment rate
- 6.8%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 7.7%
- Drive alone
- 74.8%
- Public transit
- 0%
- Walk to work
- 4.5%
- Homes with broadband
- 82.6%
Breckenridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Breckenridge | 3,349 | $58,963 | $144,500 | $515 |
| Wahpeton | 8,010 | $62,750 | $171,300 | $751 |
| Foxhome | 110 | $78,125 | $86,300 | — |
| Mooreton | 175 | $86,250 | $156,300 | $508 |
| Abercrombie | 232 | $64,844 | $156,300 | $525 |
| Campbell | 245 | $79,313 | $107,300 | $778 |
| Fairmount | 292 | $59,375 | $93,800 | $525 |
| Hankinson | 804 | $74,643 | $131,000 | $590 |
| Colfax | 272 | $104,375 | $215,000 | — |
More for people moving to Breckenridge
Breckenridge ZIP code ›Weather and climate ›Living in Breckenridge: FAQ
What is the median household income in Breckenridge, MN?
The median household income in Breckenridge is $58,963, 34% 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 Breckenridge?
The median home value in Breckenridge is $144,500, compared with $329,300 in Minnesota.
How much is rent in Breckenridge?
The median gross rent in Breckenridge is $515 per month, about 27.2% of household income.
Is Breckenridge, MN a good place to live?
Pluses: home values 56% lower than the state median; an average commute of 20 minutes. Minuses: median household income 34% lower than the Minnesota median; unemployment of 6.8%; a poverty rate of 22.2%.
What is the median age in Breckenridge?
The median age in Breckenridge is 40.5 years (Minnesota: 38.8).
How long is the commute in Breckenridge?
The average commute to work in Breckenridge is 20 minutes; 7.7% of workers work from home.
What is the unemployment rate in Breckenridge?
The unemployment rate in Breckenridge is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Breckenridge?
22.6% of adults in Breckenridge 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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