Cromwell, MN
Population 379 · Minnesota
About Cromwell, MN
Cromwell is a small community located in Minnesota with a population of 379 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,625 per year, which is 26% below the national median of $75,149. The median age of 34.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Cromwell features a median home value of $150,000, which is 39% below the national median of $244,900. This positions Cromwell in a moderately priced market relative to the rest of the country. Median monthly rent is $825, 29% below the national average of $1,163/month. Of the 167 total housing units, 62% are owner-occupied (78 units) and 38% are renter-occupied (47 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Cromwell 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 6.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cromwell have an average one-way commute time of 40.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
16.3% of Cromwell 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, 1.1% 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 Cromwell, MN
Compared to national averages, Cromwell has a median household income of $55,625 (26% below the national median of $75,149). Home values average $150,000, which is 39% below the national median. Monthly rent at $825 is 29% below the US average of $1,163. Within Minnesota, Cromwell's income is 25% below the state average of $74,221, and home values are 27% below the state median of $204,472.
Why Live in Cromwell, MN?
Cromwell offers affordable housing with a median home value of $150,000, below the US average of $244,900, and rent that’s lower than the national average at $825/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 6.3%, better than the national average.
Potential considerations include median household income ($55,625) that falls below the national average. However, Cromwell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cromwell has a population of 379 with a median age of 34.6 years. Compare Cromwell with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Cromwell
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Plummer | 379 | $91,500 | $156,300 | Compare |
| Hollandale | 380 | $67,000 | $141,200 | Compare |
| Audubon | 376 | $65,982 | $169,200 | Compare |
| Round Lake | 383 | $63,661 | $87,800 | Compare |
| Bricelyn | 385 | $52,500 | $49,500 | Compare |
| Darwin | 385 | $61,250 | $142,500 | Compare |
| Lakeland Shores | 371 | $136,875 | $445,700 | Compare |
| Ogilvie | 388 | $47,188 | $106,300 | 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.
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Frequently Asked Questions about Cromwell
What is the population of Cromwell, MN?
The population of Cromwell, MN is 379 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 Cromwell?
The median household income in Cromwell, MN is $55,625 per year, which is 26% below the national median of $75,149.
What is the median home value in Cromwell?
The median home value in Cromwell, MN is $150,000, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cromwell?
The median monthly rent in Cromwell, MN is $825, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Cromwell?
The unemployment rate in Cromwell, 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 Cromwell, MN a good place to live?
Cromwell offers a moderate cost of living, affordable housing, and a strong job market. With a population of 379 and a median age of 34.6, the city appeals to young professionals and families.
How educated is Cromwell, MN?
16.3% of residents in Cromwell 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 Cromwell?
Key cost-of-living indicators for Cromwell, MN: median home value is $150,000 (39% below national), median rent is $825/month, and median household income is $55,625. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cromwell?
The poverty rate in Cromwell, MN is 6.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cromwell, MN?
Cromwell's population is 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.6% two or more races. 0.0% of residents are foreign-born.