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Barrett, 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
349
Population
$60,000
Median Income
$131,900
Home Value
54.4
Median Age

Demographics

Barrett has a population of 349 with a median age of 54.4. Here is the racial and ethnic breakdown of the population:

White
99.7%
Demographic Value
Total Population349
Median Age54.4
White99.7%
Hispanic or Latino0.3%
Barrett, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 99.7%Other: 0.3%349PopulationWhiteWhite99.7%OtherOther0.3%

Income & Economy

The median household income in Barrett is $60,000, which is 25.6% below the national median of $80,610. The per capita income is $34,032. The poverty rate is 7.7%.

$60,000
Median Household Income
$34,032
Per Capita Income
7.7%
Poverty Rate

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Education

In Barrett, 94.1% of residents age 25+ have a high school diploma or higher, and 14.4% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).

HS Diploma+
94.1%
Bachelor's+
14.4%
Graduate+
4.1%
Education Level % of Adults (25+)
High School Diploma or Higher94.1%
Bachelor's Degree or Higher14.4%
Graduate or Professional Degree4.1%

Housing

The median home value in Barrett is $131,900, below the national median of $303,400. The median monthly rent is $1,337. The homeownership rate is 73.4%.

$131,900
Median Home Value
$1,337/mo
Median Rent
73.4%
Homeownership Rate
Housing Metric Value
Median Home Value$131,900
Median Monthly Rent$1,337
Homeownership Rate73.4%
Vacancy Rate20.6%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Barrett, Minnesota?
The population of Barrett, Minnesota is 349 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Barrett, Minnesota?
The median household income in Barrett, Minnesota is $60,000. This is 25.6% below the national median of $80,610.
What is the median home value in Barrett, Minnesota?
The median home value in Barrett, Minnesota is $131,900. The median monthly rent is $1,337.
What percentage of people in Barrett have a college degree?
In Barrett, Minnesota, 14.4% of adults age 25 and older hold a bachelor's degree or higher, and 94.1% have a high school diploma or higher.
Is Barrett, Minnesota an affordable place to live?
The home price-to-income ratio in Barrett, Minnesota is 2.2x (median home value $131,900 vs. median income $60,000), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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