Living in Freeborn, Minnesota
Cost of living, income, home prices, rent and demographics of Freeborn · Census data 2020–2024
Freeborn has 348 residents with a median age of 31.8. The median household income is $50,000 (44% lower than the Minnesota median), the median home value is $88,800, the median rent is $642/month.
Freeborn is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Freeborn at a glance
- Population
- 348
- Median age
- 31.8State: 38.8
- Median household income
- $50,000State: $89,062
- Median home value
- $88,800State: $329,300
- Median rent
- $642/moState: $1,280
- Homeowners
- 82.4%
- Bachelor's degree or higher
- 14.9%
- Average commute
- 27 min
Is Freeborn a good place to live?
Pros: Home values 73% lower than the state median.
Cons: Median household income 44% lower than the Minnesota median; an average commute of 27 minutes; unemployment of 9.8%; a poverty rate of 30.1%.
The weather is best in June to September.
Cost of living in Freeborn
Housing is the biggest part of the cost of living. In Freeborn the median home value is $88,800, 73% lower than the U.S. median. Renters pay a median of $642 per month, which is 40% of household income. Homeowners with a mortgage pay $1,063 a month in housing costs.
Freeborn median household income
The median household income in Freeborn is $50,000 and the income per person is $24,384. 30.1% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Freeborn: homes for sale and rent
- Housing units
- 155
- Owner-occupied
- 82.4%
- Renter-occupied
- 17.6%
- Vacant
- 12.3%Includes seasonal homes
- Median year built
- 1943
- Average household size
- 2.56
Freeborn demographics
- Population
- 348
- Median age
- 31.8
- Under 18
- 37.9%
- 65 and older
- 7.8%
- Households
- 136
- Foreign-born
- 0%
- Veterans
- 1.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Freeborn ›
Education in Freeborn
14.9% of adults 25 and older in Freeborn have a bachelor's degree or higher (Minnesota: 39.4%), and 2.6% have a graduate or professional degree.
Jobs and commute in Freeborn
- Unemployment rate
- 9.8%State: 4.1%
- Average commute
- 27 minState: 23 min
- Work from home
- 9.8%
- Drive alone
- 73.8%
- Public transit
- 1.8%
- Walk to work
- 8.5%
- Homes with broadband
- 86.8%
Freeborn vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Freeborn | 348 | $50,000 | $88,800 | $642 |
| Hartland | 422 | $86,250 | $166,900 | $529 |
| Alden | 629 | $73,250 | $128,400 | $1,042 |
| Wells | 2,296 | $60,156 | $103,900 | $694 |
| New Richland | 1,184 | $67,000 | $137,000 | $585 |
| Clarks Grove | 636 | $73,750 | $123,400 | $845 |
| Albert Lea | 18,330 | $64,603 | $157,500 | $857 |
| Waldorf | 171 | $48,000 | $133,000 | — |
| Minnesota Lake | 687 | $68,750 | $158,100 | $1,015 |
More for people moving to Freeborn
Freeborn ZIP code ›Weather and climate ›Living in Freeborn: FAQ
What is the median household income in Freeborn, MN?
The median household income in Freeborn is $50,000, 44% 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 Freeborn?
The median home value in Freeborn is $88,800, compared with $329,300 in Minnesota.
How much is rent in Freeborn?
The median gross rent in Freeborn is $642 per month, about 40% of household income.
Is Freeborn, MN a good place to live?
Pluses: home values 73% lower than the state median. Minuses: median household income 44% lower than the Minnesota median; an average commute of 27 minutes; unemployment of 9.8%; a poverty rate of 30.1%.
What is the median age in Freeborn?
The median age in Freeborn is 31.8 years (Minnesota: 38.8).
How long is the commute in Freeborn?
The average commute to work in Freeborn is 27 minutes; 9.8% of workers work from home.
What is the unemployment rate in Freeborn?
The unemployment rate in Freeborn is 9.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Freeborn?
14.9% of adults in Freeborn 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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