Living in Leonard, Minnesota

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

Leonard has 12 residents with a median age of 65.5. The median household income is $53,750 (40% lower than the Minnesota median), the median home value is $125,000.

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

Leonard at a glance

Population
12
Median age
65.5State: 38.8
Median household income
$53,750State: $89,062
Median home value
$125,000State: $329,300
Homeowners
100%
Bachelor's degree or higher
0%

Is Leonard a good place to live?

Pros: Home values 62% lower than the state median.

Cons: Median household income 40% lower than the Minnesota median.

The weather is best in June to September.

Cost of living in Leonard

Housing is the biggest part of the cost of living. In Leonard the median home value is $125,000, 62% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Leonard$125,000
Minnesota$329,300
United States$332,700

Median monthly rent

Minnesota$1,280
United States$1,413

Leonard median household income

The median household income in Leonard is $53,750 and the income per person is $38,283. 0% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Leonard$53,750
Minnesota$89,062
United States$80,734

Housing in Leonard: homes for sale and rent

Housing units
16
Owner-occupied
100%
Renter-occupied
0%
Vacant
50%Includes seasonal homes
Median year built
1940
Average household size
1.50

50% of homes are vacant most of the year, a sign that Leonard has many vacation and second homes.

Leonard demographics

Population
12
Median age
65.5
Under 18
0%
65 and older
50%
Households
8
Foreign-born
0%
Veterans
25%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Leonard

0% of adults 25 and older in Leonard have a bachelor's degree or higher (Minnesota: 39.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Leonard0%
Minnesota39.4%
United States35.7%

Jobs and commute in Leonard

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

Leonard vs nearby towns

TownPopulationMedian incomeHome valueRent
Leonard12$53,750$125,000—
Shevlin148$62,361$87,000—
Clearbrook584$48,750$107,600$683
Bagley1,248$44,896$138,600$750
Solway117$96,250$215,000—
Gonvick221$33,750$102,100$475
Wilton327$70,625$162,500$1,167
Red Lake1,481$46,328$116,500$378
Bemidji15,569$55,405$198,300$1,067

More for people moving to Leonard

Leonard ZIP code ›Weather and climate ›

Living in Leonard: FAQ

What is the median household income in Leonard, MN?

The median household income in Leonard is $53,750, 40% 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 Leonard?

The median home value in Leonard is $125,000, compared with $329,300 in Minnesota.

Is Leonard, MN a good place to live?

Pluses: home values 62% lower than the state median. Minuses: median household income 40% lower than the Minnesota median.

What is the median age in Leonard?

The median age in Leonard is 65.5 years (Minnesota: 38.8).

How educated is Leonard?

0% of adults in Leonard 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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