Bagley, MN
Population 1,218 · Minnesota
About Bagley, MN
Bagley is a small town located in Minnesota with a population of 1,218 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,417 per year, which is 29% below the national median of $75,149. The median age of 43.5 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 Bagley features a median home value of $135,100, which is 45% below the national median of $244,900. This makes Bagley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $717, 38% below the national average of $1,163/month. Of the 618 total housing units, 60% are owner-occupied (307 units) and 40% are renter-occupied (208 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Bagley shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.5%, above the national average of 12.4%. Workers in Bagley have an average one-way commute time of 25.4 minutes.
Education & Demographics
13.4% of Bagley 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 1.1% White, 14.8% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Bagley, MN
Compared to national averages, Bagley has a median household income of $53,417 (29% below the national median of $75,149). Home values average $135,100, which is 45% below the national median. Monthly rent at $717 is 38% below the US average of $1,163. Within Minnesota, Bagley's income is 28% below the state average of $74,221, and home values are 34% below the state median of $204,472.
Why Live in Bagley, MN?
Bagley offers affordable housing with a median home value of $135,100, below the US average of $244,900, and rent that’s lower than the national average at $717/month.
Potential considerations include median household income ($53,417) that falls below the national average. However, Bagley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bagley has a population of 1,218 with a median age of 43.5 years. Compare Bagley with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Bagley
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Atwater | 1,217 | $66,071 | $144,300 | Compare |
| Spicer | 1,222 | $76,406 | $278,500 | Compare |
| Spring Grove | 1,223 | $60,221 | $148,200 | Compare |
| Truman | 1,223 | $59,095 | $100,200 | Compare |
| Taylors Falls | 1,208 | $61,548 | $256,000 | Compare |
| Edgerton | 1,207 | $66,739 | $132,800 | Compare |
| Keewatin | 1,229 | $50,872 | $78,900 | Compare |
| Martin Lake | 1,203 | $120,705 | $426,100 | 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 Bagley With Other Cities
Frequently Asked Questions about Bagley
What is the population of Bagley, MN?
The population of Bagley, MN is 1,218 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 Bagley?
The median household income in Bagley, MN is $53,417 per year, which is 29% below the national median of $75,149.
What is the median home value in Bagley?
The median home value in Bagley, MN is $135,100, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bagley?
The median monthly rent in Bagley, MN is $717, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Bagley?
The unemployment rate in Bagley, MN is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bagley, MN a good place to live?
Bagley offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,218 and a median age of 43.5, the city appeals to a broad range of residents.
How educated is Bagley, MN?
13.4% of residents in Bagley 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 Bagley?
Key cost-of-living indicators for Bagley, MN: median home value is $135,100 (45% below national), median rent is $717/month, and median household income is $53,417. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bagley?
The poverty rate in Bagley, MN is 15.5%, 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 Bagley, MN?
Bagley's population is 1.1% White, 14.8% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 1.1% two or more races. 3.0% of residents are foreign-born.