Living in Warsaw, Minnesota
Cost of living, income, home prices, rent and demographics of Warsaw · Census data 2020–2024
Warsaw has 560 residents with a median age of 46.8. The median household income is $93,750 (5% higher than the Minnesota median), the median home value is $301,500, the median rent is $825/month.
Warsaw is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Warsaw at a glance
- Population
- 560
- Median age
- 46.8State: 38.8
- Median household income
- $93,750State: $89,062
- Median home value
- $301,500State: $329,300
- Median rent
- $825/moState: $1,280
- Homeowners
- 96.9%
- Bachelor's degree or higher
- 25.9%
- Average commute
- 32 min
Is Warsaw a good place to live?
Pros: Median household income 5% higher than the Minnesota median; home values 8% lower than the state median; unemployment of 0.7%; a poverty rate of 6.6%.
Cons: An average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Warsaw
Housing is the biggest part of the cost of living. In Warsaw the median home value is $301,500, 9% lower than the U.S. median. Renters pay a median of $825 per month, which is 10.6% of household income. Homeowners with a mortgage pay $1,890 a month in housing costs.
Warsaw median household income
The median household income in Warsaw is $93,750 and the income per person is $46,284. 6.6% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Warsaw: homes for sale and rent
- Housing units
- 288
- Owner-occupied
- 96.9%
- Renter-occupied
- 3.1%
- Vacant
- 22.2%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.48
Warsaw demographics
- Population
- 560
- Median age
- 46.8
- Under 18
- 20.4%
- 65 and older
- 25.4%
- Households
- 224
- Foreign-born
- 0%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Warsaw ›
Education in Warsaw
25.9% of adults 25 and older in Warsaw have a bachelor's degree or higher (Minnesota: 39.4%), and 7% have a graduate or professional degree.
Jobs and commute in Warsaw
- Unemployment rate
- 0.7%State: 4.1%
- Average commute
- 32 minState: 23 min
- Work from home
- 5.3%
- Drive alone
- 85.6%
- Public transit
- 0%
- Walk to work
- 1.4%
- Homes with broadband
- 96.9%
Warsaw vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Warsaw | 560 | $93,750 | $301,500 | $825 |
| Morristown | 1,265 | $83,059 | $184,800 | $1,018 |
| Faribault | 24,631 | $61,449 | $241,500 | $1,074 |
| Medford | 1,257 | $108,250 | $249,600 | $1,175 |
| Waterville | 1,947 | $76,406 | $236,000 | $884 |
| Kilkenny | 125 | $48,750 | $158,600 | — |
| Owatonna | 26,498 | $80,750 | $245,200 | $1,067 |
| Waseca | 9,164 | $64,074 | $189,200 | $903 |
| Dundas | 1,916 | $116,310 | $325,800 | $1,875 |
More for people moving to Warsaw
Warsaw ZIP code ›Weather and climate ›Living in Warsaw: FAQ
What is the median household income in Warsaw, MN?
The median household income in Warsaw is $93,750, 5% higher 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 Warsaw?
The median home value in Warsaw is $301,500, compared with $329,300 in Minnesota.
How much is rent in Warsaw?
The median gross rent in Warsaw is $825 per month, about 10.6% of household income.
Is Warsaw, MN a good place to live?
Pluses: median household income 5% higher than the Minnesota median; home values 8% lower than the state median; unemployment of 0.7%; a poverty rate of 6.6%. Minuses: an average commute of 32 minutes.
What is the median age in Warsaw?
The median age in Warsaw is 46.8 years (Minnesota: 38.8).
How long is the commute in Warsaw?
The average commute to work in Warsaw is 32 minutes; 5.3% of workers work from home.
What is the unemployment rate in Warsaw?
The unemployment rate in Warsaw is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Warsaw?
25.9% of adults in Warsaw 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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