Living in Russell, Minnesota
Cost of living, income, home prices, rent and demographics of Russell · Census data 2020–2024
Russell has 346 residents with a median age of 44.7. The median household income is $57,083 (36% lower than the Minnesota median), the median home value is $107,600, the median rent is $596/month.
Russell is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Russell at a glance
- Population
- 346
- Median age
- 44.7State: 38.8
- Median household income
- $57,083State: $89,062
- Median home value
- $107,600State: $329,300
- Median rent
- $596/moState: $1,280
- Homeowners
- 91.4%
- Bachelor's degree or higher
- 13.7%
- Average commute
- 26 min
Is Russell a good place to live?
Pros: Home values 67% lower than the state median; a poverty rate of 5.6%.
Cons: Median household income 36% lower than the Minnesota median; an average commute of 26 minutes; unemployment of 10.1%.
The weather is best in June to September.
Cost of living in Russell
Housing is the biggest part of the cost of living. In Russell the median home value is $107,600, 68% lower than the U.S. median. Renters pay a median of $596 per month, which is 18.1% of household income. Homeowners with a mortgage pay $1,117 a month in housing costs.
Russell median household income
The median household income in Russell is $57,083 and the income per person is $31,592. 5.6% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Russell: homes for sale and rent
- Housing units
- 185
- Owner-occupied
- 91.4%
- Renter-occupied
- 8.6%
- Vacant
- 11.9%Includes seasonal homes
- Median year built
- 1951
- Average household size
- 2.12
Russell demographics
- Population
- 346
- Median age
- 44.7
- Under 18
- 23.4%
- 65 and older
- 13.6%
- Households
- 163
- Foreign-born
- 2%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Russell ›
Education in Russell
13.7% of adults 25 and older in Russell have a bachelor's degree or higher (Minnesota: 39.4%), and 7.3% have a graduate or professional degree.
Jobs and commute in Russell
- Unemployment rate
- 10.1%State: 4.1%
- Average commute
- 26 minState: 23 min
- Work from home
- 8%
- Drive alone
- 86.7%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 78.5%
Russell vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Russell | 346 | $57,083 | $107,600 | $596 |
| Lynd | 428 | $79,167 | $187,500 | $1,156 |
| Balaton | 551 | $54,688 | $94,000 | $1,138 |
| Tyler | 1,090 | $65,500 | $151,100 | $750 |
| Marshall | 13,896 | $68,566 | $210,300 | $779 |
| Garvin | 114 | $43,438 | $66,100 | — |
| Ruthton | 222 | $38,864 | $56,800 | $625 |
| Ghent | 439 | $94,000 | $150,000 | $936 |
| Minneota | 1,594 | $74,091 | $161,300 | $640 |
More for people moving to Russell
Russell ZIP code ›Weather and climate ›Living in Russell: FAQ
What is the median household income in Russell, MN?
The median household income in Russell is $57,083, 36% 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 Russell?
The median home value in Russell is $107,600, compared with $329,300 in Minnesota.
How much is rent in Russell?
The median gross rent in Russell is $596 per month, about 18.1% of household income.
Is Russell, MN a good place to live?
Pluses: home values 67% lower than the state median; a poverty rate of 5.6%. Minuses: median household income 36% lower than the Minnesota median; an average commute of 26 minutes; unemployment of 10.1%.
What is the median age in Russell?
The median age in Russell is 44.7 years (Minnesota: 38.8).
How long is the commute in Russell?
The average commute to work in Russell is 26 minutes; 8% of workers work from home.
What is the unemployment rate in Russell?
The unemployment rate in Russell is 10.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Russell?
13.7% of adults in Russell 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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