Babbitt, MN
Population 1,420 · Minnesota
About Babbitt, MN
Babbitt is a small town located in Minnesota with a population of 1,420 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,318 per year, which is 28% below the national median of $75,149. The median age of 51.3 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 Babbitt features a median home value of $96,000, which is 61% below the national median of $244,900. This makes Babbitt one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $726, 38% below the national average of $1,163/month. Of the 836 total housing units, 81% are owner-occupied (549 units) and 19% are renter-occupied (127 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Babbitt shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 13.9%, above the national average of 12.4%. Workers in Babbitt have an average one-way commute time of 30.6 minutes.
Education & Demographics
19.1% of Babbitt 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 2.7% White, 3.2% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Babbitt, MN
Compared to national averages, Babbitt has a median household income of $54,318 (28% below the national median of $75,149). Home values average $96,000, which is 61% below the national median. Monthly rent at $726 is 38% below the US average of $1,163. Within Minnesota, Babbitt's income is 27% below the state average of $74,221, and home values are 53% below the state median of $204,472.
Why Live in Babbitt, MN?
Babbitt offers affordable housing with a median home value of $96,000, below the US average of $244,900, and rent that’s lower than the national average at $726/month.
Potential considerations include median household income ($54,318) that falls below the national average. However, Babbitt’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Babbitt has a population of 1,420 with a median age of 51.3 years. Compare Babbitt with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Babbitt
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dawson | 1,441 | $70,286 | $118,800 | Compare |
| Renville | 1,397 | $73,750 | $109,700 | Compare |
| Hayfield | 1,382 | $69,688 | $173,000 | Compare |
| Tonka Bay | 1,361 | $151,563 | $869,900 | Compare |
| Appleton | 1,360 | $40,117 | $71,300 | Compare |
| Fulda | 1,348 | $68,056 | $155,100 | Compare |
| Avon | 1,493 | $90,987 | $240,400 | Compare |
| Clara City | 1,497 | $58,431 | $116,500 | 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 Babbitt With Other Cities
Frequently Asked Questions about Babbitt
What is the population of Babbitt, MN?
The population of Babbitt, MN is 1,420 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 Babbitt?
The median household income in Babbitt, MN is $54,318 per year, which is 28% below the national median of $75,149.
What is the median home value in Babbitt?
The median home value in Babbitt, MN is $96,000, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Babbitt?
The median monthly rent in Babbitt, MN is $726, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Babbitt?
The unemployment rate in Babbitt, MN is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Babbitt, MN a good place to live?
Babbitt offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,420 and a median age of 51.3, the city appeals to established professionals and retirees.
How educated is Babbitt, MN?
19.1% of residents in Babbitt 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 Babbitt?
Key cost-of-living indicators for Babbitt, MN: median home value is $96,000 (61% below national), median rent is $726/month, and median household income is $54,318. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Babbitt?
The poverty rate in Babbitt, MN is 13.9%, 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 Babbitt, MN?
Babbitt's population is 2.7% White, 3.2% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 0.0% two or more races. 2.2% of residents are foreign-born.