Butterfield, Minnesota Median Income

Butterfield, Minnesota has a population of 595, with a median household income of $48,600.

Current median income data for Butterfield.

$48,600

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Population

595

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Median Income

$48,600

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Unemployment

4.10%

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Housing Price

$145,000

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Crime Rate

16.20

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Internet Speed

100.00 Mbps

Butterfield 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.

Butterfield, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Butterfield has a population of 595, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Butterfield is $48,600, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Butterfield is about $145,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Butterfield is 4.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Butterfield are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

Butterfield continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Butterfield

What is the population of Butterfield?

The population of Butterfield is approximately 595.

Is Butterfield a good place to live?

Butterfield 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 Butterfield?

The median household income in Butterfield is around $48,600.

How expensive is housing in Butterfield?

The average housing price in Butterfield is approximately $145,000.