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Barnum, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
503
Population
$43,438
Median Income
$155,200
Home Value
48.9
Median Age

Demographics

Barnum has a population of 503 with a median age of 48.9. Here is the racial and ethnic breakdown of the population:

White
94.2%
Other
4.4%
Asian
0.8%
Demographic Value
Total Population503
Median Age48.9
White94.2%
Black or African American0.4%
Asian0.8%
Hispanic or Latino0.2%
Other / Two or More Races4.4%
Barnum, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.2%Other: 4.4%Other: 1.4%503PopulationWhiteWhite94.2%OtherOther4.4%OtherOther1.4%

Income & Economy

The median household income in Barnum is $43,438, which is 46.1% below the national median of $80,610. The per capita income is $35,996. The poverty rate is 18.5%.

$43,438
Median Household Income
$35,996
Per Capita Income
18.5%
Poverty Rate

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Education

In Barnum, 96.4% of residents age 25+ have a high school diploma or higher, and 19.6% hold a bachelor's degree or higher (7.0% with a graduate or professional degree).

HS Diploma+
96.4%
Bachelor's+
19.6%
Graduate+
7.0%
Education Level % of Adults (25+)
High School Diploma or Higher96.4%
Bachelor's Degree or Higher19.6%
Graduate or Professional Degree7.0%

Housing

The median home value in Barnum is $155,200, below the national median of $303,400. The median monthly rent is $885. The homeownership rate is 55.0%.

$155,200
Median Home Value
$885/mo
Median Rent
55.0%
Homeownership Rate
Housing Metric Value
Median Home Value$155,200
Median Monthly Rent$885
Homeownership Rate55.0%
Vacancy Rate16.0%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Barnum, Minnesota?
The population of Barnum, Minnesota is 503 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Barnum, Minnesota?
The median household income in Barnum, Minnesota is $43,438. This is 46.1% below the national median of $80,610.
What is the median home value in Barnum, Minnesota?
The median home value in Barnum, Minnesota is $155,200. The median monthly rent is $885.
What percentage of people in Barnum have a college degree?
In Barnum, Minnesota, 19.6% of adults age 25 and older hold a bachelor's degree or higher, and 96.4% have a high school diploma or higher.
Is Barnum, Minnesota an affordable place to live?
The home price-to-income ratio in Barnum, Minnesota is 3.6x (median home value $155,200 vs. median income $43,438), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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