Montevideo, Minnesota has a population of 5,300, with a median household income of $52,400.
Current median income data for Montevideo.
5,300
$52,400
3.80%
$145,000
16.20
400.00 Mbps
Montevideo is a small local community located in Minnesota. The city has a population that is above 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, Montevideo provides insight into regional population trends, income levels, and housing conditions.
Montevideo has a population of 5,300, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.
The median household income in Montevideo is $52,400, which is below the state average, indicating moderate economic conditions.
The average housing price in Montevideo is about $145,000, making it relatively affordable compared to many cities in Minnesota.
The unemployment rate in Montevideo is 3.80%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Montevideo are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Minnesota, Montevideo shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Montevideo continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.
The population of Montevideo is approximately 5,300.
Montevideo offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Montevideo is around $52,400.
The average housing price in Montevideo is approximately $145,000.