Northrop, Minnesota Median Income

Northrop, Minnesota has a population of 220, with a median household income of $61,400.

Current median income data for Northrop.

$61,400

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Population

220

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Median Income

$61,400

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Unemployment

2.80%

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Housing Price

$135,000

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Crime Rate

3.80

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Internet Speed

100.00 Mbps

Northrop 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.

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

Population Overview

Northrop has a population of 220, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Northrop is $61,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Northrop is about $135,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Northrop is 2.80%, which is lower than the state average, indicating a relatively strong job market. Northrop has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

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

Frequently Asked Questions about Northrop

What is the population of Northrop?

The population of Northrop is approximately 220.

Is Northrop a good place to live?

Northrop 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 Northrop?

The median household income in Northrop is around $61,400.

How expensive is housing in Northrop?

The average housing price in Northrop is approximately $135,000.