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Northrop, 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
240
Population
$67,083
Median Income
$136,300
Home Value
39.9
Median Age

Demographics

Northrop has a population of 240 with a median age of 39.9. Here is the racial and ethnic breakdown of the population:

White
93.8%
Hispanic
6.2%
Demographic Value
Total Population240
Median Age39.9
White93.8%
Hispanic or Latino6.2%
Northrop, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 93.8%Hispanic/Latino: 6.2%240PopulationWhiteWhite93.8%Hispanic/LatinoHispanic/Latino6.2%

Income & Economy

The median household income in Northrop is $67,083, which is 16.8% below the national median of $80,610. The per capita income is $31,660. The poverty rate is 9.6%.

$67,083
Median Household Income
$31,660
Per Capita Income
9.6%
Poverty Rate

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Education

In Northrop, 86.0% of residents age 25+ have a high school diploma or higher, and 13.4% hold a bachelor's degree or higher (8.7% with a graduate or professional degree).

HS Diploma+
86.0%
Bachelor's+
13.4%
Graduate+
8.7%
Education Level % of Adults (25+)
High School Diploma or Higher86.0%
Bachelor's Degree or Higher13.4%
Graduate or Professional Degree8.7%

Housing

The median home value in Northrop is $136,300, below the national median of $303,400. The median monthly rent is $700. The homeownership rate is 84.2%.

$136,300
Median Home Value
$700/mo
Median Rent
84.2%
Homeownership Rate
Housing Metric Value
Median Home Value$136,300
Median Monthly Rent$700
Homeownership Rate84.2%
Vacancy Rate7.3%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Northrop, Minnesota?
The population of Northrop, Minnesota is 240 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Northrop, Minnesota?
The median household income in Northrop, Minnesota is $67,083. This is 16.8% below the national median of $80,610.
What is the median home value in Northrop, Minnesota?
The median home value in Northrop, Minnesota is $136,300. The median monthly rent is $700.
What percentage of people in Northrop have a college degree?
In Northrop, Minnesota, 13.4% of adults age 25 and older hold a bachelor's degree or higher, and 86.0% have a high school diploma or higher.
Is Northrop, Minnesota an affordable place to live?
The home price-to-income ratio in Northrop, Minnesota is 2.0x (median home value $136,300 vs. median income $67,083), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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