Crosby, MN
Population 2,253 · Minnesota
About Crosby, MN
Crosby is a small town located in Minnesota with a population of 2,253 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,250 per year, which is 42% below the national median of $75,149. The median age of 54.4 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 Crosby features a median home value of $175,600, which is 28% below the national median of $244,900. This positions Crosby in a moderately priced market relative to the rest of the country. Median monthly rent is $838, 28% below the national average of $1,163/month. Of the 1,346 total housing units, 55% are owner-occupied (638 units) and 45% are renter-occupied (529 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Crosby shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 15.8%, above the national average of 12.4%. Workers in Crosby have an average one-way commute time of 23.8 minutes.
Education & Demographics
17.0% of Crosby 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 0.4% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Crosby, MN
Compared to national averages, Crosby has a median household income of $43,250 (42% below the national median of $75,149). Home values average $175,600, which is 28% below the national median. Monthly rent at $838 is 28% below the US average of $1,163. Within Minnesota, Crosby's income is 42% below the state average of $74,221, and home values are 14% below the state median of $204,472.
Why Live in Crosby, MN?
Crosby offers affordable housing with a median home value of $175,600, below the US average of $244,900, and rent that’s lower than the national average at $838/month, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($43,250) that falls below the national average. However, Crosby’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Crosby has a population of 2,253 with a median age of 54.4 years. Compare Crosby with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Crosby
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Olivia | 2,243 | $62,683 | $156,600 | Compare |
| Pequot Lakes | 2,236 | $66,974 | $246,400 | Compare |
| Aitkin | 2,217 | $45,813 | $172,800 | Compare |
| Springfield | 2,209 | $59,412 | $117,600 | Compare |
| Arlington | 2,298 | $66,458 | $181,600 | Compare |
| Wells | 2,317 | $58,663 | $93,200 | Compare |
| Spring Valley | 2,357 | $64,500 | $149,100 | Compare |
| Excelsior | 2,359 | $108,611 | $839,500 | 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 Crosby With Other Cities
Frequently Asked Questions about Crosby
What is the population of Crosby, MN?
The population of Crosby, MN is 2,253 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 Crosby?
The median household income in Crosby, MN is $43,250 per year, which is 42% below the national median of $75,149.
What is the median home value in Crosby?
The median home value in Crosby, MN is $175,600, which is 28% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Crosby?
The median monthly rent in Crosby, MN is $838, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Crosby?
The unemployment rate in Crosby, 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 Crosby, MN a good place to live?
Crosby offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,253 and a median age of 54.4, the city appeals to established professionals and retirees.
How educated is Crosby, MN?
17.0% of residents in Crosby 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 Crosby?
Key cost-of-living indicators for Crosby, MN: median home value is $175,600 (28% below national), median rent is $838/month, and median household income is $43,250. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Crosby?
The poverty rate in Crosby, MN is 15.8%, 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 Crosby, MN?
Crosby's population is 0.4% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.3% two or more races. 1.0% of residents are foreign-born.