Living in Parkers Prairie, Minnesota
Cost of living, income, home prices, rent and demographics of Parkers Prairie · Census data 2020–2024
Parkers Prairie has 980 residents with a median age of 46.2. The median household income is $57,578 (35% lower than the Minnesota median), the median home value is $168,500, the median rent is $769/month.
Parkers Prairie is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Parkers Prairie at a glance
- Population
- 980
- Median age
- 46.2State: 38.8
- Median household income
- $57,578State: $89,062
- Median home value
- $168,500State: $329,300
- Median rent
- $769/moState: $1,280
- Homeowners
- 74.1%
- Bachelor's degree or higher
- 10%
- Average commute
- 22 min
Is Parkers Prairie a good place to live?
Pros: Home values 49% lower than the state median; an average commute of 22 minutes; unemployment of 2.7%.
Cons: Median household income 35% lower than the Minnesota median; a poverty rate of 10.8%.
The weather is best in June to September.
Cost of living in Parkers Prairie
Housing is the biggest part of the cost of living. In Parkers Prairie the median home value is $168,500, 49% lower than the U.S. median. Renters pay a median of $769 per month, which is 23% of household income. Homeowners with a mortgage pay $1,231 a month in housing costs.
Parkers Prairie median household income
The median household income in Parkers Prairie is $57,578 and the income per person is $30,547. 10.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Parkers Prairie: homes for sale and rent
- Housing units
- 432
- Owner-occupied
- 74.1%
- Renter-occupied
- 25.9%
- Vacant
- 7.2%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.27
Parkers Prairie demographics
- Population
- 980
- Median age
- 46.2
- Under 18
- 21.3%
- 65 and older
- 33.8%
- Households
- 401
- Foreign-born
- 0.7%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Parkers Prairie ›
Education in Parkers Prairie
10% of adults 25 and older in Parkers Prairie have a bachelor's degree or higher (Minnesota: 39.4%), and 2.1% have a graduate or professional degree.
Jobs and commute in Parkers Prairie
- Unemployment rate
- 2.7%State: 4.1%
- Average commute
- 22 minState: 23 min
- Work from home
- 6.6%
- Drive alone
- 79.3%
- Public transit
- 0.5%
- Walk to work
- 2.4%
- Homes with broadband
- 86.8%
Parkers Prairie vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parkers Prairie | 980 | $57,578 | $168,500 | $769 |
| Miltona | 418 | $62,917 | $184,100 | $858 |
| Millerville | 116 | $71,591 | $183,900 | $1,000 |
| Carlos | 512 | $69,792 | $204,500 | $925 |
| Henning | 860 | $45,500 | $135,700 | $797 |
| Eagle Bend | 597 | $49,559 | $99,100 | $692 |
| Bertha | 474 | $57,708 | $94,400 | $913 |
| Deer Creek | 330 | $52,273 | $120,800 | $381 |
| Hewitt | 283 | $63,750 | $97,300 | $958 |
More for people moving to Parkers Prairie
Parkers Prairie ZIP code ›Weather and climate ›Living in Parkers Prairie: FAQ
What is the median household income in Parkers Prairie, MN?
The median household income in Parkers Prairie is $57,578, 35% 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 Parkers Prairie?
The median home value in Parkers Prairie is $168,500, compared with $329,300 in Minnesota.
How much is rent in Parkers Prairie?
The median gross rent in Parkers Prairie is $769 per month, about 23% of household income.
Is Parkers Prairie, MN a good place to live?
Pluses: home values 49% lower than the state median; an average commute of 22 minutes; unemployment of 2.7%. Minuses: median household income 35% lower than the Minnesota median; a poverty rate of 10.8%.
What is the median age in Parkers Prairie?
The median age in Parkers Prairie is 46.2 years (Minnesota: 38.8).
How long is the commute in Parkers Prairie?
The average commute to work in Parkers Prairie is 22 minutes; 6.6% of workers work from home.
What is the unemployment rate in Parkers Prairie?
The unemployment rate in Parkers Prairie is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parkers Prairie?
10% of adults in Parkers Prairie 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.
Last updated: