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Grand Marais, 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
1,796
Population
$70,583
Median Income
$310,500
Home Value
45.6
Median Age

Demographics

Grand Marais has a population of 1,796 with a median age of 45.6. Here is the racial and ethnic breakdown of the population:

White
87.2%
Other
7.4%
Hispanic
4.5%
Black
0.9%
Demographic Value
Total Population1,796
Median Age45.6
White87.2%
Black or African American0.9%
Hispanic or Latino4.5%
Other / Two or More Races7.4%
Grand Marais, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 87.2%Other: 7.4%Hispanic/Latino: 4.5%Other: 0.9%1,796PopulationWhiteWhite87.2%OtherOther7.4%Hispanic/LatinoHispanic/Latino4.5%OtherOther0.9%

Income & Economy

The median household income in Grand Marais is $70,583, which is 12.4% below the national median of $80,610. The per capita income is $37,195. The poverty rate is 10.1%.

$70,583
Median Household Income
$37,195
Per Capita Income
10.1%
Poverty Rate

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Education

In Grand Marais, 95.8% of residents age 25+ have a high school diploma or higher, and 42.2% hold a bachelor's degree or higher (26.6% with a graduate or professional degree).

HS Diploma+
95.8%
Bachelor's+
42.2%
Graduate+
26.6%
Education Level % of Adults (25+)
High School Diploma or Higher95.8%
Bachelor's Degree or Higher42.2%
Graduate or Professional Degree26.6%

Housing

The median home value in Grand Marais is $310,500, above the national median of $303,400. The median monthly rent is $900. The homeownership rate is 60.0%.

$310,500
Median Home Value
$900/mo
Median Rent
60.0%
Homeownership Rate
Housing Metric Value
Median Home Value$310,500
Median Monthly Rent$900
Homeownership Rate60.0%
Vacancy Rate12.3%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Grand Marais, Minnesota?
The population of Grand Marais, Minnesota is 1,796 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Grand Marais, Minnesota?
The median household income in Grand Marais, Minnesota is $70,583. This is 12.4% below the national median of $80,610.
What is the median home value in Grand Marais, Minnesota?
The median home value in Grand Marais, Minnesota is $310,500. The median monthly rent is $900.
What percentage of people in Grand Marais have a college degree?
In Grand Marais, Minnesota, 42.2% of adults age 25 and older hold a bachelor's degree or higher, and 95.8% have a high school diploma or higher.
Is Grand Marais, Minnesota an affordable place to live?
The home price-to-income ratio in Grand Marais, Minnesota is 4.4x (median home value $310,500 vs. median income $70,583), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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