Borup, Minnesota Unemployment

Borup, Minnesota has a population of 108, with a median household income of $54,600.

Current unemployment data for Borup.

4.80%

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Population

108

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Median Income

$54,600

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Unemployment

4.80%

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Housing Price

$125,000

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Crime Rate

13.50

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Internet Speed

100.00 Mbps

Borup 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.

Borup is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Borup has a population of 108, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Borup is $54,600, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Borup is about $125,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Borup is 4.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Borup are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

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

Frequently Asked Questions about Borup

What is the population of Borup?

The population of Borup is approximately 108.

Is Borup a good place to live?

Borup 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 Borup?

The median household income in Borup is around $54,600.

How expensive is housing in Borup?

The average housing price in Borup is approximately $125,000.