Living in Coleraine, Minnesota
Cost of living, income, home prices, rent and demographics of Coleraine · Census data 2020–2024
Coleraine has 2,150 residents with a median age of 36.4. The median household income is $74,716 (16% lower than the Minnesota median), the median home value is $211,800, the median rent is $1,167/month.
Coleraine at a glance
- Population
- 2,150
- Median age
- 36.4State: 38.8
- Median household income
- $74,716State: $89,062
- Median home value
- $211,800State: $329,300
- Median rent
- $1,167/moState: $1,280
- Homeowners
- 89.2%
- Bachelor's degree or higher
- 26.2%
- Average commute
- 19 min
Is Coleraine a good place to live?
Pros: Home values 36% lower than the state median; an average commute of 19 minutes; unemployment of 3.1%.
Cons: Median household income 16% lower than the Minnesota median; a poverty rate of 10.7%.
The weather is best in June to September.
Cost of living in Coleraine
Housing is the biggest part of the cost of living. In Coleraine the median home value is $211,800, 36% lower than the U.S. median. Renters pay a median of $1,167 per month, which is 51% of household income. Homeowners with a mortgage pay $1,465 a month in housing costs.
Coleraine median household income
The median household income in Coleraine is $74,716 and the income per person is $33,763. 10.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Coleraine: homes for sale and rent
- Housing units
- 809
- Owner-occupied
- 89.2%
- Renter-occupied
- 10.8%
- Vacant
- 8.4%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.86
Coleraine demographics
- Population
- 2,150
- Median age
- 36.4
- Under 18
- 28.5%
- 65 and older
- 19.9%
- Households
- 741
- Foreign-born
- 0.5%
- Veterans
- 11.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Coleraine ›
Education in Coleraine
26.2% of adults 25 and older in Coleraine have a bachelor's degree or higher (Minnesota: 39.4%), and 7.1% have a graduate or professional degree.
Jobs and commute in Coleraine
- Unemployment rate
- 3.1%State: 4.1%
- Average commute
- 19 minState: 23 min
- Work from home
- 4%
- Drive alone
- 79.3%
- Public transit
- 0%
- Walk to work
- 1.7%
- Homes with broadband
- 80.7%
Coleraine vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Coleraine | 2,150 | $74,716 | $211,800 | $1,167 |
| La Prairie | 592 | $69,375 | $212,800 | $725 |
| Bovey | 646 | $64,083 | $122,800 | $948 |
| Grand Rapids | 11,207 | $61,029 | $213,800 | $1,090 |
| Taconite | 468 | $84,375 | $219,600 | $2,625 |
| Marble | 669 | $53,958 | $102,500 | $658 |
| Cohasset | 2,703 | $92,692 | $330,500 | $827 |
| Calumet | 279 | $43,036 | $110,800 | $645 |
| Warba | 146 | $59,688 | $119,300 | $1,143 |
More for people moving to Coleraine
Coleraine ZIP code ›Weather and climate ›Living in Coleraine: FAQ
What is the median household income in Coleraine, MN?
The median household income in Coleraine is $74,716, 16% 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 Coleraine?
The median home value in Coleraine is $211,800, compared with $329,300 in Minnesota.
How much is rent in Coleraine?
The median gross rent in Coleraine is $1,167 per month, about 51% of household income.
Is Coleraine, MN a good place to live?
Pluses: home values 36% lower than the state median; an average commute of 19 minutes; unemployment of 3.1%. Minuses: median household income 16% lower than the Minnesota median; a poverty rate of 10.7%.
What is the median age in Coleraine?
The median age in Coleraine is 36.4 years (Minnesota: 38.8).
How long is the commute in Coleraine?
The average commute to work in Coleraine is 19 minutes; 4% of workers work from home.
What is the unemployment rate in Coleraine?
The unemployment rate in Coleraine is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Coleraine?
26.2% of adults in Coleraine 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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