Living in McKinley, Minnesota
Cost of living, income, home prices, rent and demographics of McKinley · Census data 2020–2024
McKinley has 92 residents with a median age of 63.1. The median household income is $56,250 (37% lower than the Minnesota median), the median home value is $125,000.
McKinley is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
McKinley at a glance
- Population
- 92
- Median age
- 63.1State: 38.8
- Median household income
- $56,250State: $89,062
- Median home value
- $125,000State: $329,300
- Homeowners
- 98%
- Bachelor's degree or higher
- 26%
- Average commute
- 20 min
Is McKinley a good place to live?
Pros: Home values 62% lower than the state median; an average commute of 20 minutes; unemployment of 2%; a poverty rate of 5.5%.
Cons: Median household income 37% lower than the Minnesota median.
The weather is best in June to September.
Cost of living in McKinley
Housing is the biggest part of the cost of living. In McKinley 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 $1,063 a month in housing costs.
McKinley median household income
The median household income in McKinley is $56,250 and the income per person is $41,567. 5.5% of residents live below the poverty line (Minnesota: 9.3%).
Housing in McKinley: homes for sale and rent
- Housing units
- 55
- Owner-occupied
- 98%
- Renter-occupied
- 2%
- Vacant
- 10.9%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 1.88
McKinley demographics
- Population
- 92
- Median age
- 63.1
- Under 18
- 17.4%
- 65 and older
- 18.5%
- Households
- 49
- Foreign-born
- 1.1%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of McKinley ›
Education in McKinley
26% of adults 25 and older in McKinley have a bachelor's degree or higher (Minnesota: 39.4%), and 2.7% have a graduate or professional degree.
Jobs and commute in McKinley
- Unemployment rate
- 2%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 0%
- Drive alone
- 85.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 77.6%
McKinley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| McKinley | 92 | $56,250 | $125,000 | — |
| Gilbert | 1,697 | $64,625 | $126,000 | $698 |
| Biwabik | 966 | $67,917 | $111,200 | $749 |
| Virginia | 8,332 | $51,720 | $120,600 | $792 |
| Eveleth | 3,448 | $50,725 | $97,600 | $904 |
| Aurora | 1,792 | $42,083 | $97,600 | $509 |
| Mountain Iron | 2,860 | $83,293 | $192,800 | $918 |
| Hoyt Lakes | 2,064 | $65,764 | $93,300 | $1,550 |
| Kinney | 115 | $57,045 | $121,900 | $525 |
More for people moving to McKinley
McKinley ZIP code ›Weather and climate ›Living in McKinley: FAQ
What is the median household income in McKinley, MN?
The median household income in McKinley is $56,250, 37% 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 McKinley?
The median home value in McKinley is $125,000, compared with $329,300 in Minnesota.
Is McKinley, MN a good place to live?
Pluses: home values 62% lower than the state median; an average commute of 20 minutes; unemployment of 2%; a poverty rate of 5.5%. Minuses: median household income 37% lower than the Minnesota median.
What is the median age in McKinley?
The median age in McKinley is 63.1 years (Minnesota: 38.8).
How long is the commute in McKinley?
The average commute to work in McKinley is 20 minutes; 0% of workers work from home.
What is the unemployment rate in McKinley?
The unemployment rate in McKinley is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is McKinley?
26% of adults in McKinley 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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