Cromwell, Minnesota Unemployment

Cromwell, Minnesota has a population of 230, with a median household income of $44,200.

Current unemployment data for Cromwell.

5.80%

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Population

230

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Median Income

$44,200

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Unemployment

5.80%

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Housing Price

$145,000

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Crime Rate

13.20

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Internet Speed

100.00 Mbps

Cromwell 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.

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

Population Overview

Cromwell has a population of 230, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Cromwell is $44,200, which is below the state average, indicating moderate economic conditions.

Housing Market

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

Employment and Safety

The unemployment rate in Cromwell is 5.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Cromwell are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

Overall, Cromwell offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Cromwell

What is the population of Cromwell?

The population of Cromwell is approximately 230.

Is Cromwell a good place to live?

Cromwell 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 Cromwell?

The median household income in Cromwell is around $44,200.

How expensive is housing in Cromwell?

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