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Belgrade, 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
758
Population
$51,103
Median Income
$163,400
Home Value
36.1
Median Age

Demographics

Belgrade has a population of 758 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:

White
96.0%
Hispanic
2.9%
Other
1.1%
Demographic Value
Total Population758
Median Age36.1
White96.0%
Hispanic or Latino2.9%
Other / Two or More Races1.1%
Belgrade, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 96.0%Hispanic/Latino: 2.9%Other: 1.1%758PopulationWhiteWhite96.0%Hispanic/LatinoHispanic/Latino2.9%OtherOther1.1%

Income & Economy

The median household income in Belgrade is $51,103, which is 36.6% below the national median of $80,610. The per capita income is $31,705. The poverty rate is 17.0%.

$51,103
Median Household Income
$31,705
Per Capita Income
17.0%
Poverty Rate

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Education

In Belgrade, 90.0% of residents age 25+ have a high school diploma or higher, and 19.4% hold a bachelor's degree or higher (1.7% with a graduate or professional degree).

HS Diploma+
90.0%
Bachelor's+
19.4%
Graduate+
1.7%
Education Level % of Adults (25+)
High School Diploma or Higher90.0%
Bachelor's Degree or Higher19.4%
Graduate or Professional Degree1.7%

Housing

The median home value in Belgrade is $163,400, below the national median of $303,400. The median monthly rent is $756. The homeownership rate is 66.1%.

$163,400
Median Home Value
$756/mo
Median Rent
66.1%
Homeownership Rate
Housing Metric Value
Median Home Value$163,400
Median Monthly Rent$756
Homeownership Rate66.1%
Vacancy Rate5.4%

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Frequently Asked Questions

What is the population of Belgrade, Minnesota?
The population of Belgrade, Minnesota is 758 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Belgrade, Minnesota?
The median household income in Belgrade, Minnesota is $51,103. This is 36.6% below the national median of $80,610.
What is the median home value in Belgrade, Minnesota?
The median home value in Belgrade, Minnesota is $163,400. The median monthly rent is $756.
What percentage of people in Belgrade have a college degree?
In Belgrade, Minnesota, 19.4% of adults age 25 and older hold a bachelor's degree or higher, and 90.0% have a high school diploma or higher.
Is Belgrade, Minnesota an affordable place to live?
The home price-to-income ratio in Belgrade, Minnesota is 3.2x (median home value $163,400 vs. median income $51,103), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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