Annandale, MN
Population 3,365 · Minnesota
About Annandale, MN
Annandale is a small town located in Minnesota with a population of 3,365 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,536 per year, which is 33% below the national median of $75,149. The median age of 44.1 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 Annandale features a median home value of $195,100, which is 20% below the national median of $244,900. This positions Annandale in a moderately priced market relative to the rest of the country. Median monthly rent is $967, 17% below the national average of $1,163/month. Of the 1,416 total housing units, 77% are owner-occupied (1,073 units) and 23% are renter-occupied (317 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Annandale shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 14.4%, above the national average of 12.4%. Workers in Annandale have an average one-way commute time of 33.5 minutes.
Education & Demographics
24.8% of Annandale residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 0.9% of the population being foreign-born.
Cost of Living in Annandale, MN
Compared to national averages, Annandale has a median household income of $50,536 (33% below the national median of $75,149). Home values average $195,100, which is 20% below the national median. Monthly rent at $967 is 17% below the US average of $1,163. Within Minnesota, Annandale's income is 32% below the state average of $74,221, and home values are 5% below the state median of $204,472.
Why Live in Annandale, MN?
Annandale offers affordable housing with a median home value of $195,100, below the US average of $244,900, and rent that’s lower than the national average at $967/month.
Potential considerations include median household income ($50,536) that falls below the national average. However, Annandale’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Annandale has a population of 3,365 with a median age of 44.1 years. Compare Annandale with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Annandale
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Montgomery | 3,366 | $74,018 | $218,900 | Compare |
| Breckenridge | 3,369 | $57,344 | $142,000 | Compare |
| Pine City | 3,339 | $51,654 | $181,800 | Compare |
| Jackson | 3,298 | $57,328 | $118,900 | Compare |
| Moose Lake | 3,297 | $61,576 | $205,000 | Compare |
| Sleepy Eye | 3,438 | $64,811 | $138,500 | Compare |
| Benson | 3,449 | $51,124 | $146,100 | Compare |
| Eagle Lake | 3,268 | $97,161 | $249,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Annandale With Other Cities
Frequently Asked Questions about Annandale
What is the population of Annandale, MN?
The population of Annandale, MN is 3,365 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Annandale?
The median household income in Annandale, MN is $50,536 per year, which is 33% below the national median of $75,149.
What is the median home value in Annandale?
The median home value in Annandale, MN is $195,100, which is 20% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Annandale?
The median monthly rent in Annandale, MN is $967, which is 17% below the national average of $1,163/month.
What is the unemployment rate in Annandale?
The unemployment rate in Annandale, MN is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Annandale, MN a good place to live?
Annandale offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,365 and a median age of 44.1, the city appeals to a broad range of residents.
How educated is Annandale, MN?
24.8% of residents in Annandale 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 Annandale?
Key cost-of-living indicators for Annandale, MN: median home value is $195,100 (20% below national), median rent is $967/month, and median household income is $50,536. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Annandale?
The poverty rate in Annandale, MN is 14.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Annandale, MN?
Annandale's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 0.1% two or more races. 0.9% of residents are foreign-born.