Living in Fosston, Minnesota
Cost of living, income, home prices, rent and demographics of Fosston · Census data 2020–2024
Fosston has 1,374 residents with a median age of 41.6. The median household income is $52,500 (41% lower than the Minnesota median), the median home value is $151,700, the median rent is $790/month.
Fosston is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fosston at a glance
- Population
- 1,374
- Median age
- 41.6State: 38.8
- Median household income
- $52,500State: $89,062
- Median home value
- $151,700State: $329,300
- Median rent
- $790/moState: $1,280
- Homeowners
- 55.3%
- Bachelor's degree or higher
- 20.7%
- Average commute
- 15 min
Is Fosston a good place to live?
Pros: Home values 54% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 41% lower than the Minnesota median; unemployment of 10%; a poverty rate of 25.6%.
The weather is best in June to September.
Cost of living in Fosston
Housing is the biggest part of the cost of living. In Fosston the median home value is $151,700, 54% lower than the U.S. median. Renters pay a median of $790 per month, which is 23% of household income. Homeowners with a mortgage pay $1,297 a month in housing costs.
Fosston median household income
The median household income in Fosston is $52,500 and the income per person is $28,204. 25.6% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Fosston: homes for sale and rent
- Housing units
- 643
- Owner-occupied
- 55.3%
- Renter-occupied
- 44.7%
- Vacant
- 6.1%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.03
Fosston demographics
- Population
- 1,374
- Median age
- 41.6
- Under 18
- 22.8%
- 65 and older
- 29.3%
- Households
- 604
- Foreign-born
- 0.1%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Fosston ›
Education in Fosston
20.7% of adults 25 and older in Fosston have a bachelor's degree or higher (Minnesota: 39.4%), and 8.1% have a graduate or professional degree.
Jobs and commute in Fosston
- Unemployment rate
- 10%State: 4.1%
- Average commute
- 15 minState: 23 min
- Work from home
- 5.7%
- Drive alone
- 74.3%
- Public transit
- 0.4%
- Walk to work
- 7%
- Homes with broadband
- 82.3%
Fosston vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fosston | 1,374 | $52,500 | $151,700 | $790 |
| McIntosh | 847 | $56,944 | $103,600 | $591 |
| Winger | 157 | $48,229 | $91,300 | — |
| Erskine | 427 | $44,844 | $117,100 | $825 |
| Bejou | 109 | $43,958 | $137,500 | — |
| Gonvick | 221 | $33,750 | $102,100 | $475 |
| Bagley | 1,248 | $44,896 | $138,600 | $750 |
| Clearbrook | 584 | $48,750 | $107,600 | $683 |
| Rice Lake | 244 | $41,136 | $18,800 | $500 |
More for people moving to Fosston
Fosston ZIP code ›Weather and climate ›Living in Fosston: FAQ
What is the median household income in Fosston, MN?
The median household income in Fosston is $52,500, 41% 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 Fosston?
The median home value in Fosston is $151,700, compared with $329,300 in Minnesota.
How much is rent in Fosston?
The median gross rent in Fosston is $790 per month, about 23% of household income.
Is Fosston, MN a good place to live?
Pluses: home values 54% lower than the state median; an average commute of 15 minutes. Minuses: median household income 41% lower than the Minnesota median; unemployment of 10%; a poverty rate of 25.6%.
What is the median age in Fosston?
The median age in Fosston is 41.6 years (Minnesota: 38.8).
How long is the commute in Fosston?
The average commute to work in Fosston is 15 minutes; 5.7% of workers work from home.
What is the unemployment rate in Fosston?
The unemployment rate in Fosston is 10% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fosston?
20.7% of adults in Fosston 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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