Living in Freeport, Minnesota
Cost of living, income, home prices, rent and demographics of Freeport · Census data 2020–2024
Freeport has 787 residents with a median age of 30.2. The median household income is $89,808 (about the same as the Minnesota median), the median home value is $223,200, the median rent is $906/month.
Freeport is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Freeport at a glance
- Population
- 787
- Median age
- 30.2State: 38.8
- Median household income
- $89,808State: $89,062
- Median home value
- $223,200State: $329,300
- Median rent
- $906/moState: $1,280
- Homeowners
- 90.1%
- Bachelor's degree or higher
- 23.8%
- Average commute
- 27 min
Is Freeport a good place to live?
Pros: Median household income about the same as the Minnesota median; home values 32% lower than the state median; unemployment of 1.7%; a poverty rate of 2.7%.
Cons: An average commute of 27 minutes.
The weather is best in June to September.
Cost of living in Freeport
Housing is the biggest part of the cost of living. In Freeport the median home value is $223,200, 33% lower than the U.S. median. Renters pay a median of $906 per month, which is 29.4% of household income. Homeowners with a mortgage pay $1,515 a month in housing costs.
Freeport median household income
The median household income in Freeport is $89,808 and the income per person is $55,627. 2.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Freeport: homes for sale and rent
- Housing units
- 291
- Owner-occupied
- 90.1%
- Renter-occupied
- 9.9%
- Vacant
- 6.5%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.89
Freeport demographics
- Population
- 787
- Median age
- 30.2
- Under 18
- 32.7%
- 65 and older
- 15.9%
- Households
- 272
- Foreign-born
- 6%
- Veterans
- 1.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Freeport ›
Education in Freeport
23.8% of adults 25 and older in Freeport have a bachelor's degree or higher (Minnesota: 39.4%), and 6% have a graduate or professional degree.
Jobs and commute in Freeport
- Unemployment rate
- 1.7%State: 4.1%
- Average commute
- 27 minState: 23 min
- Work from home
- 8.2%
- Drive alone
- 77.1%
- Public transit
- 0%
- Walk to work
- 0.5%
- Homes with broadband
- 88.2%
Freeport vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Freeport | 787 | $89,808 | $223,200 | $906 |
| New Munich | 299 | $92,188 | $179,000 | $1,139 |
| Albany | 2,821 | $69,167 | $238,500 | $642 |
| Melrose | 3,671 | $59,677 | $207,200 | $1,103 |
| Meire Grove | 167 | $61,806 | $190,600 | $863 |
| Greenwald | 270 | $72,625 | $149,200 | — |
| St. Martin | 313 | $59,219 | $216,900 | $425 |
| Holdingford | 718 | $79,375 | $205,700 | $582 |
| Grey Eagle | 295 | $51,250 | $184,800 | $375 |
More for people moving to Freeport
Freeport ZIP code ›Weather and climate ›Living in Freeport: FAQ
What is the median household income in Freeport, MN?
The median household income in Freeport is $89,808, about the same as 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 Freeport?
The median home value in Freeport is $223,200, compared with $329,300 in Minnesota.
How much is rent in Freeport?
The median gross rent in Freeport is $906 per month, about 29.4% of household income.
Is Freeport, MN a good place to live?
Pluses: median household income about the same as the Minnesota median; home values 32% lower than the state median; unemployment of 1.7%; a poverty rate of 2.7%. Minuses: an average commute of 27 minutes.
What is the median age in Freeport?
The median age in Freeport is 30.2 years (Minnesota: 38.8).
How long is the commute in Freeport?
The average commute to work in Freeport is 27 minutes; 8.2% of workers work from home.
What is the unemployment rate in Freeport?
The unemployment rate in Freeport is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Freeport?
23.8% of adults in Freeport 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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