Aldrich, MN
Population 31 · Minnesota
About Aldrich, MN
Aldrich is a small community located in Minnesota with a population of 31 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,875 per year, which is 51% below the national median of $75,149. The median age of 63.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Aldrich features a median home value of $90,000, which is 63% below the national median of $244,900. This makes Aldrich one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 25 total housing units, 63% are owner-occupied (10 units) and 38% are renter-occupied (6 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Aldrich shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Aldrich have an average one-way commute time of 26.9 minutes.
Education & Demographics
6.9% of Aldrich residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 25.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Aldrich, MN
Compared to national averages, Aldrich has a median household income of $36,875 (51% below the national median of $75,149). Home values average $90,000, which is 63% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Aldrich's income is 50% below the state average of $74,221, and home values are 56% below the state median of $204,472.
Why Live in Aldrich, MN?
Aldrich offers affordable housing with a median home value of $90,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($36,875) that falls below the national average. However, Aldrich’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Aldrich has a population of 31 with a median age of 63.5 years. Compare Aldrich with other cities to see how it stacks up, or explore all cities in Minnesota.
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Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Aldrich
What is the population of Aldrich, MN?
The population of Aldrich, MN is 31 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Aldrich?
The median household income in Aldrich, MN is $36,875 per year, which is 51% below the national median of $75,149.
What is the median home value in Aldrich?
The median home value in Aldrich, MN is $90,000, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Aldrich?
The median monthly rent in Aldrich, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Aldrich?
The unemployment rate in Aldrich, MN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Aldrich, MN a good place to live?
Aldrich offers a moderate cost of living, affordable housing, and a strong job market. With a population of 31 and a median age of 63.5, the city appeals to established professionals and retirees.
How educated is Aldrich, MN?
6.9% of residents in Aldrich aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Aldrich?
Key cost-of-living indicators for Aldrich, MN: median home value is $90,000 (63% below national), median rent is $0/month, and median household income is $36,875. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Aldrich?
The poverty rate in Aldrich, MN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Aldrich, MN?
Aldrich's population is 0.0% White, 25.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.