Living in Soudan, Minnesota

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

Soudan has 415 residents with a median age of 43.3. The median household income is $56,307 (37% lower than the Minnesota median), the median home value is $110,100, the median rent is $588/month.

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

Soudan at a glance

Population
415
Median age
43.3State: 38.8
Median household income
$56,307State: $89,062
Median home value
$110,100State: $329,300
Median rent
$588/moState: $1,280
Homeowners
84.3%
Bachelor's degree or higher
18.6%
Average commute
27 min

Is Soudan a good place to live?

Pros: Home values 67% lower than the state median.

Cons: Median household income 37% lower than the Minnesota median; an average commute of 27 minutes; unemployment of 8.5%; a poverty rate of 12%.

The weather is best in June to September.

Cost of living in Soudan

Housing is the biggest part of the cost of living. In Soudan the median home value is $110,100, 67% lower than the U.S. median. Renters pay a median of $588 per month, which is 19.4% of household income. Homeowners with a mortgage pay $995 a month in housing costs.

Median home value

Soudan$110,100
Minnesota$329,300
United States$332,700

Median monthly rent

Soudan$588
Minnesota$1,280
United States$1,413

Soudan median household income

The median household income in Soudan is $56,307 and the income per person is $31,539. 12% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Soudan$56,307
Minnesota$89,062
United States$80,734

Housing in Soudan: homes for sale and rent

Housing units
263
Owner-occupied
84.3%
Renter-occupied
15.7%
Vacant
27.4%Includes seasonal homes
Median year built
1961
Average household size
2.17

Soudan demographics

Population
415
Median age
43.3
Under 18
22.9%
65 and older
29.4%
Households
191
Foreign-born
0.5%
Veterans
10%Adults 18+

Race and ethnicity

White94.5%
Hispanic or Latino4.6%
Black0%
Asian0.7%

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

Education in Soudan

18.6% of adults 25 and older in Soudan have a bachelor's degree or higher (Minnesota: 39.4%), and 3.2% have a graduate or professional degree.

Bachelor's degree or higher

Soudan18.6%
Minnesota39.4%
United States35.7%

Jobs and commute in Soudan

Unemployment rate
8.5%State: 4.1%
Average commute
27 minState: 23 min
Work from home
7.7%
Drive alone
76.5%
Public transit
0%
Walk to work
0%
Homes with broadband
88.5%

Soudan vs nearby towns

TownPopulationMedian incomeHome valueRent
Soudan415$56,307$110,100$588
Tower367$65,893$109,600$586
Hoyt Lakes2,064$65,764$93,300$1,550
Babbitt1,393$55,875$102,300$737
Ely3,240$43,901$157,300$627
Aurora1,792$42,083$97,600$509
Biwabik966$67,917$111,200$749
Cook423$42,250$104,900$535
Winton124$52,250$92,500$638

More for people moving to Soudan

Soudan ZIP code ›Weather and climate ›

Living in Soudan: FAQ

What is the median household income in Soudan, MN?

The median household income in Soudan is $56,307, 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 Soudan?

The median home value in Soudan is $110,100, compared with $329,300 in Minnesota.

How much is rent in Soudan?

The median gross rent in Soudan is $588 per month, about 19.4% of household income.

Is Soudan, MN a good place to live?

Pluses: home values 67% lower than the state median. Minuses: median household income 37% lower than the Minnesota median; an average commute of 27 minutes; unemployment of 8.5%; a poverty rate of 12%.

What is the median age in Soudan?

The median age in Soudan is 43.3 years (Minnesota: 38.8).

How long is the commute in Soudan?

The average commute to work in Soudan is 27 minutes; 7.7% of workers work from home.

What is the unemployment rate in Soudan?

The unemployment rate in Soudan is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Soudan?

18.6% of adults in Soudan 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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