Living in Holloway, Minnesota

Cost of living, income, home prices, rent and demographics of Holloway · Census data 2020–2024

Holloway has 74 residents with a median age of 67. The median household income is $63,750 (28% lower than the Minnesota median), the median home value is $65,600.

Holloway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Holloway at a glance

Population
74
Median age
67State: 38.8
Median household income
$63,750State: $89,062
Median home value
$65,600State: $329,300
Homeowners
83.3%
Bachelor's degree or higher
30.3%
Average commute
19 min

Is Holloway a good place to live?

Pros: Home values 80% lower than the state median; an average commute of 19 minutes; unemployment of 2.3%; a poverty rate of 6.8%.

Cons: Median household income 28% lower than the Minnesota median.

The weather is best in May–June and August–September.

Cost of living in Holloway

Housing is the biggest part of the cost of living. In Holloway the median home value is $65,600, 80% lower than the U.S. median. Renters pay a median of — per month, which is 28.8% of household income. Homeowners with a mortgage pay $1,063 a month in housing costs.

Median home value

Holloway$65,600
Minnesota$329,300
United States$332,700

Median monthly rent

Minnesota$1,280
United States$1,413

Holloway median household income

The median household income in Holloway is $63,750 and the income per person is $46,389. 6.8% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Holloway$63,750
Minnesota$89,062
United States$80,734

Housing in Holloway: homes for sale and rent

Housing units
42
Owner-occupied
83.3%
Renter-occupied
16.7%
Vacant
0%Includes seasonal homes
Median year built
1953
Average household size
1.76

Holloway demographics

Population
74
Median age
67
Under 18
5.4%
65 and older
54.1%
Households
42
Foreign-born
0%
Veterans
12.9%Adults 18+

Race and ethnicity

White98.6%
Hispanic or Latino0%
Black1.4%
Asian0%

Hispanic or Latino can be of any race. Population history of Holloway ›

Education in Holloway

30.3% of adults 25 and older in Holloway have a bachelor's degree or higher (Minnesota: 39.4%), and 4.5% have a graduate or professional degree.

Bachelor's degree or higher

Holloway30.3%
Minnesota39.4%
United States35.7%

Jobs and commute in Holloway

Unemployment rate
2.3%State: 4.1%
Average commute
19 minState: 23 min
Work from home
0%
Drive alone
92.9%
Public transit
0%
Walk to work
2.4%
Homes with broadband
61.9%

Holloway vs nearby towns

TownPopulationMedian incomeHome valueRent
Holloway74$63,750$65,600—
Appleton1,393$43,958$77,000$717
Danvers126$122,727$161,500—
Milan564$53,594$71,400$1,096
Benson3,441$52,821$156,000$982
Watson200$34,722$68,400$741
Hancock859$70,481$98,800$792
Bellingham146$46,786$61,800$495
Madison1,550$61,172$97,000$838

More for people moving to Holloway

Holloway ZIP code ›Weather and climate ›

Living in Holloway: FAQ

What is the median household income in Holloway, MN?

The median household income in Holloway is $63,750, 28% 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 Holloway?

The median home value in Holloway is $65,600, compared with $329,300 in Minnesota.

Is Holloway, MN a good place to live?

Pluses: home values 80% lower than the state median; an average commute of 19 minutes; unemployment of 2.3%; a poverty rate of 6.8%. Minuses: median household income 28% lower than the Minnesota median.

What is the median age in Holloway?

The median age in Holloway is 67 years (Minnesota: 38.8).

How long is the commute in Holloway?

The average commute to work in Holloway is 19 minutes; 0% of workers work from home.

What is the unemployment rate in Holloway?

The unemployment rate in Holloway is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Holloway?

30.3% of adults in Holloway 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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