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Welcome, 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
978
Population
$49,167
Median Income
$101,600
Home Value
34.9
Median Age

Demographics

Welcome has a population of 978 with a median age of 34.9. Here is the racial and ethnic breakdown of the population:

White
82.1%
Hispanic
16.8%
Asian
1.2%
Demographic Value
Total Population978
Median Age34.9
White82.1%
Asian1.2%
Hispanic or Latino16.8%
Welcome, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 82.0%Hispanic/Latino: 16.8%Other: 1.2%978PopulationWhiteWhite82.0%Hispanic/LatinoHispanic/Latino16.8%OtherOther1.2%

Income & Economy

The median household income in Welcome is $49,167, which is 39.0% below the national median of $80,610. The per capita income is $24,541. The poverty rate is 18.3%.

$49,167
Median Household Income
$24,541
Per Capita Income
18.3%
Poverty Rate

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Education

In Welcome, 94.2% of residents age 25+ have a high school diploma or higher, and 17.6% hold a bachelor's degree or higher (3.0% with a graduate or professional degree).

HS Diploma+
94.2%
Bachelor's+
17.6%
Graduate+
3.0%
Education Level % of Adults (25+)
High School Diploma or Higher94.2%
Bachelor's Degree or Higher17.6%
Graduate or Professional Degree3.0%

Housing

The median home value in Welcome is $101,600, below the national median of $303,400. The median monthly rent is $882. The homeownership rate is 76.9%.

$101,600
Median Home Value
$882/mo
Median Rent
76.9%
Homeownership Rate
Housing Metric Value
Median Home Value$101,600
Median Monthly Rent$882
Homeownership Rate76.9%
Vacancy Rate5.3%

Salaries in Minnesota

Explore salary data for popular occupations in Minnesota:

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Other Cities in Minnesota

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Frequently Asked Questions

What is the population of Welcome, Minnesota?
The population of Welcome, Minnesota is 978 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Welcome, Minnesota?
The median household income in Welcome, Minnesota is $49,167. This is 39.0% below the national median of $80,610.
What is the median home value in Welcome, Minnesota?
The median home value in Welcome, Minnesota is $101,600. The median monthly rent is $882.
What percentage of people in Welcome have a college degree?
In Welcome, Minnesota, 17.6% of adults age 25 and older hold a bachelor's degree or higher, and 94.2% have a high school diploma or higher.
Is Welcome, Minnesota an affordable place to live?
The home price-to-income ratio in Welcome, Minnesota is 2.1x (median home value $101,600 vs. median income $49,167), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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