Living in McGregor, Minnesota
Cost of living, income, home prices, rent and demographics of McGregor · Census data 2020–2024
McGregor has 367 residents with a median age of 46.9. The median household income is $26,250 (71% lower than the Minnesota median), the median home value is $114,300, the median rent is $591/month.
McGregor is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
McGregor at a glance
- Population
- 367
- Median age
- 46.9State: 38.8
- Median household income
- $26,250State: $89,062
- Median home value
- $114,300State: $329,300
- Median rent
- $591/moState: $1,280
- Homeowners
- 49.4%
- Bachelor's degree or higher
- 14.3%
- Average commute
- 15 min
Is McGregor a good place to live?
Pros: Home values 65% lower than the state median; an average commute of 15 minutes; unemployment of 0.7%.
Cons: Median household income 71% lower than the Minnesota median; a poverty rate of 32%.
The weather is best in June to September.
Cost of living in McGregor
Housing is the biggest part of the cost of living. In McGregor the median home value is $114,300, 66% lower than the U.S. median. Renters pay a median of $591 per month, which is 26.9% of household income. Homeowners with a mortgage pay $1,091 a month in housing costs.
McGregor median household income
The median household income in McGregor is $26,250 and the income per person is $20,334. 32% of residents live below the poverty line (Minnesota: 9.3%).
Housing in McGregor: homes for sale and rent
- Housing units
- 181
- Owner-occupied
- 49.4%
- Renter-occupied
- 50.6%
- Vacant
- 8.3%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.14
McGregor demographics
- Population
- 367
- Median age
- 46.9
- Under 18
- 22.1%
- 65 and older
- 24.3%
- Households
- 166
- Foreign-born
- 1.4%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of McGregor ›
Education in McGregor
14.3% of adults 25 and older in McGregor have a bachelor's degree or higher (Minnesota: 39.4%), and 3.1% have a graduate or professional degree.
Jobs and commute in McGregor
- Unemployment rate
- 0.7%State: 4.1%
- Average commute
- 15 minState: 23 min
- Work from home
- 9.4%
- Drive alone
- 61.6%
- Public transit
- 0%
- Walk to work
- 10.9%
- Homes with broadband
- 87.3%
McGregor vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| McGregor | 367 | $26,250 | $114,300 | $591 |
| Palisade | 148 | $29,583 | $86,700 | — |
| Aitkin | 2,323 | $47,978 | $181,300 | $679 |
| Cromwell | 423 | $58,750 | $156,300 | $463 |
| Kettle River | 140 | $65,000 | $154,200 | — |
| Sturgeon Lake | 568 | $79,722 | $210,200 | $1,094 |
| Moose Lake | 2,863 | $64,286 | $205,000 | $907 |
| Floodwood | 497 | $36,563 | $92,100 | $653 |
| Hill City | 503 | $37,396 | $162,000 | $522 |
More for people moving to McGregor
McGregor ZIP code ›Weather and climate ›Living in McGregor: FAQ
What is the median household income in McGregor, MN?
The median household income in McGregor is $26,250, 71% 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 McGregor?
The median home value in McGregor is $114,300, compared with $329,300 in Minnesota.
How much is rent in McGregor?
The median gross rent in McGregor is $591 per month, about 26.9% of household income.
Is McGregor, MN a good place to live?
Pluses: home values 65% lower than the state median; an average commute of 15 minutes; unemployment of 0.7%. Minuses: median household income 71% lower than the Minnesota median; a poverty rate of 32%.
What is the median age in McGregor?
The median age in McGregor is 46.9 years (Minnesota: 38.8).
How long is the commute in McGregor?
The average commute to work in McGregor is 15 minutes; 9.4% of workers work from home.
What is the unemployment rate in McGregor?
The unemployment rate in McGregor is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is McGregor?
14.3% of adults in McGregor 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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