Living in Knife River, Minnesota

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

Knife River has 131 residents with a median age of 87.7. The median household income is $78,208 (12% lower than the Minnesota median).

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

Knife River at a glance

Population
131
Median age
87.7State: 38.8
Median household income
$78,208State: $89,062
Homeowners
100%
Bachelor's degree or higher
48.1%

Is Knife River a good place to live?

Cons: Median household income 12% lower than the Minnesota median; unemployment of 100%; a poverty rate of 10.7%.

The weather is best in June to September.

Knife River median household income

The median household income in Knife River is $78,208 and the income per person is $37,484. 10.7% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Knife River$78,208
Minnesota$89,062
United States$80,734

Housing in Knife River: homes for sale and rent

Housing units
127
Owner-occupied
100%
Renter-occupied
0%
Vacant
40.9%Includes seasonal homes
Median year built
1977
Average household size
1.75

40.9% of homes are vacant most of the year, a sign that Knife River has many vacation and second homes.

Knife River demographics

Population
131
Median age
87.7
Under 18
0%
65 and older
93.9%
Households
75
Foreign-born
0%
Veterans
25.2%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Knife River

48.1% of adults 25 and older in Knife River have a bachelor's degree or higher (Minnesota: 39.4%), and 25.2% have a graduate or professional degree.

Bachelor's degree or higher

Knife River48.1%
Minnesota39.4%
United States35.7%

Jobs and commute in Knife River

Unemployment rate
100%State: 4.1%
Average commute
—State: 23 min
Work from home
—
Drive alone
—
Public transit
—
Walk to work
—
Homes with broadband
90.7%

Knife River vs nearby towns

TownPopulationMedian incomeHome valueRent
Knife River131$78,208——
Two Harbors3,567$65,625$206,800$1,079
Rice Lake4,153$89,663$309,600$1,305
Duluth87,093$68,807$242,700$1,087
Port Wing148$52,500$162,500—
Superior26,677$64,216$180,400$900
Hermantown10,218$90,849$382,300$1,463
Poplar626$113,125$255,600$979
Proctor3,100$67,377$224,700$1,044

More for people moving to Knife River

Knife River ZIP code ›Weather and climate ›

Living in Knife River: FAQ

What is the median household income in Knife River, MN?

The median household income in Knife River is $78,208, 12% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

Is Knife River, MN a good place to live?

Minuses: median household income 12% lower than the Minnesota median; unemployment of 100%; a poverty rate of 10.7%.

What is the median age in Knife River?

The median age in Knife River is 87.7 years (Minnesota: 38.8).

What is the unemployment rate in Knife River?

The unemployment rate in Knife River is 100% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Knife River?

48.1% of adults in Knife River 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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