Ada, Minnesota Median Income

Ada, Minnesota has a population of 1,700, with a median household income of $73,400.

Current median income data for Ada.

$73,400

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Population

1,700

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Median Income

$73,400

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Unemployment

3.90%

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Housing Price

$315,000

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Crime Rate

3.80

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Internet Speed

186.00 Mbps

Ada is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Ada provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Ada has a population of 1,700, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Ada is $73,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Ada average around $315,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Ada is 3.90%, slightly above the state average, suggesting moderate employment conditions. Ada has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Ada shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Ada contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Ada

What is the population of Ada?

The population of Ada is approximately 1,700.

Is Ada a good place to live?

Ada offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Ada?

The median household income in Ada is around $73,400.

How expensive is housing in Ada?

The average housing price in Ada is approximately $315,000.