Living in Claremont, Minnesota
Cost of living, income, home prices, rent and demographics of Claremont · Census data 2020–2024
Claremont has 502 residents with a median age of 34.6. The median household income is $56,625 (36% lower than the Minnesota median), the median home value is $132,800, the median rent is $1,038/month.
Claremont is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Claremont at a glance
- Population
- 502
- Median age
- 34.6State: 38.8
- Median household income
- $56,625State: $89,062
- Median home value
- $132,800State: $329,300
- Median rent
- $1,038/moState: $1,280
- Homeowners
- 86.1%
- Bachelor's degree or higher
- 13.7%
- Average commute
- 28 min
Is Claremont a good place to live?
Pros: Home values 60% lower than the state median.
Cons: Median household income 36% lower than the Minnesota median; an average commute of 28 minutes; unemployment of 4.4%; a poverty rate of 32.5%.
The weather is best in June to September.
Cost of living in Claremont
Housing is the biggest part of the cost of living. In Claremont the median home value is $132,800, 60% lower than the U.S. median. Renters pay a median of $1,038 per month, which is 20.9% of household income. Homeowners with a mortgage pay $1,162 a month in housing costs.
Claremont median household income
The median household income in Claremont is $56,625 and the income per person is $25,164. 32.5% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Claremont: homes for sale and rent
- Housing units
- 193
- Owner-occupied
- 86.1%
- Renter-occupied
- 13.9%
- Vacant
- 3.1%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.68
Claremont demographics
- Population
- 502
- Median age
- 34.6
- Under 18
- 31.7%
- 65 and older
- 13.3%
- Households
- 187
- Foreign-born
- 4.6%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Claremont ›
Education in Claremont
13.7% of adults 25 and older in Claremont have a bachelor's degree or higher (Minnesota: 39.4%), and 0.7% have a graduate or professional degree.
Jobs and commute in Claremont
- Unemployment rate
- 4.4%State: 4.1%
- Average commute
- 28 minState: 23 min
- Work from home
- 3.6%
- Drive alone
- 85.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.5%
Claremont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Claremont | 502 | $56,625 | $132,800 | $1,038 |
| Dodge Center | 2,880 | $93,884 | $197,600 | $1,012 |
| West Concord | 843 | $70,536 | $180,400 | $799 |
| Owatonna | 26,498 | $80,750 | $245,200 | $1,067 |
| Kasson | 7,050 | $93,333 | $285,200 | $1,113 |
| Mantorville | 1,047 | $110,000 | $305,500 | $1,361 |
| Blooming Prairie | 1,843 | $63,656 | $161,300 | $907 |
| Hayfield | 1,395 | $69,313 | $186,600 | $935 |
| Medford | 1,257 | $108,250 | $249,600 | $1,175 |
More for people moving to Claremont
Claremont ZIP code ›Weather and climate ›Living in Claremont: FAQ
What is the median household income in Claremont, MN?
The median household income in Claremont is $56,625, 36% 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 Claremont?
The median home value in Claremont is $132,800, compared with $329,300 in Minnesota.
How much is rent in Claremont?
The median gross rent in Claremont is $1,038 per month, about 20.9% of household income.
Is Claremont, MN a good place to live?
Pluses: home values 60% lower than the state median. Minuses: median household income 36% lower than the Minnesota median; an average commute of 28 minutes; unemployment of 4.4%; a poverty rate of 32.5%.
What is the median age in Claremont?
The median age in Claremont is 34.6 years (Minnesota: 38.8).
How long is the commute in Claremont?
The average commute to work in Claremont is 28 minutes; 3.6% of workers work from home.
What is the unemployment rate in Claremont?
The unemployment rate in Claremont is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Claremont?
13.7% of adults in Claremont 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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