Living in Kensington, Minnesota
Cost of living, income, home prices, rent and demographics of Kensington · Census data 2020–2024
Kensington has 240 residents with a median age of 49. The median household income is $46,000 (48% lower than the Minnesota median), the median home value is $110,700, the median rent is $650/month.
Kensington is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Kensington at a glance
- Population
- 240
- Median age
- 49State: 38.8
- Median household income
- $46,000State: $89,062
- Median home value
- $110,700State: $329,300
- Median rent
- $650/moState: $1,280
- Homeowners
- 78.5%
- Bachelor's degree or higher
- 8.2%
- Average commute
- 26 min
Is Kensington a good place to live?
Pros: Home values 66% lower than the state median.
Cons: Median household income 48% lower than the Minnesota median; an average commute of 26 minutes; a poverty rate of 16.3%.
The weather is best in June to September.
Cost of living in Kensington
Housing is the biggest part of the cost of living. In Kensington the median home value is $110,700, 67% lower than the U.S. median. Renters pay a median of $650 per month, which is 21.7% of household income. Homeowners with a mortgage pay $1,167 a month in housing costs.
Kensington median household income
The median household income in Kensington is $46,000 and the income per person is $33,641. 16.3% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Kensington: homes for sale and rent
- Housing units
- 136
- Owner-occupied
- 78.5%
- Renter-occupied
- 21.5%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 1940
- Average household size
- 1.85
Kensington demographics
- Population
- 240
- Median age
- 49
- Under 18
- 12.9%
- 65 and older
- 23.8%
- Households
- 130
- Foreign-born
- 0%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Kensington ›
Education in Kensington
8.2% of adults 25 and older in Kensington have a bachelor's degree or higher (Minnesota: 39.4%), and 1.5% have a graduate or professional degree.
Jobs and commute in Kensington
- Unemployment rate
- 0%State: 4.1%
- Average commute
- 26 minState: 23 min
- Work from home
- 8.6%
- Drive alone
- 74.1%
- Public transit
- 3.6%
- Walk to work
- 3.6%
- Homes with broadband
- 80.8%
Kensington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Kensington | 240 | $46,000 | $110,700 | $650 |
| Hoffman | 730 | $51,500 | $161,800 | $866 |
| Lowry | 348 | $80,000 | $177,100 | $856 |
| Cyrus | 355 | $57,083 | $105,200 | $679 |
| Barrett | 349 | $60,000 | $131,900 | $1,337 |
| Brandon | 451 | $73,375 | $175,800 | $860 |
| Starbuck | 1,235 | $72,583 | $168,300 | $1,000 |
| Garfield | 282 | $56,696 | $166,600 | $481 |
| Long Beach | 318 | $92,361 | $367,300 | — |
More for people moving to Kensington
Kensington ZIP code ›Weather and climate ›Living in Kensington: FAQ
What is the median household income in Kensington, MN?
The median household income in Kensington is $46,000, 48% 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 Kensington?
The median home value in Kensington is $110,700, compared with $329,300 in Minnesota.
How much is rent in Kensington?
The median gross rent in Kensington is $650 per month, about 21.7% of household income.
Is Kensington, MN a good place to live?
Pluses: home values 66% lower than the state median. Minuses: median household income 48% lower than the Minnesota median; an average commute of 26 minutes; a poverty rate of 16.3%.
What is the median age in Kensington?
The median age in Kensington is 49 years (Minnesota: 38.8).
How long is the commute in Kensington?
The average commute to work in Kensington is 26 minutes; 8.6% of workers work from home.
What is the unemployment rate in Kensington?
The unemployment rate in Kensington is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Kensington?
8.2% of adults in Kensington 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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