Tower, Minnesota Housing

Tower, Minnesota has a population of 440, with a median household income of $41,200.

Current housing data for Tower.

$135,000

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Population

440

💰

Median Income

$41,200

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Unemployment

7.20%

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Housing Price

$135,000

🚨

Crime Rate

3.80

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Internet Speed

500.00 Mbps

Tower 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.

Situated in Minnesota, Tower provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Tower has a population of 440, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Tower is $41,200, which is below the state average, indicating moderate economic conditions.

Housing Market

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

Employment and Safety

The unemployment rate in Tower is 7.20%, slightly above the state average, suggesting moderate employment conditions. Tower has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

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

Frequently Asked Questions about Tower

What is the population of Tower?

The population of Tower is approximately 440.

Is Tower a good place to live?

Tower 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 Tower?

The median household income in Tower is around $41,200.

How expensive is housing in Tower?

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