Danvers, MN
Population 134 · Minnesota
About Danvers, MN
Danvers is a small community located in Minnesota with a population of 134 residents according to the latest US Census Bureau American Community Survey data. The median household income is $117,750 per year, which is 57% above the national median of $75,149. The median age of 30.8 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 Danvers features a median home value of $151,100, which is 38% below the national median of $244,900. This positions Danvers in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 65 total housing units, 91% are owner-occupied (51 units) and 9% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Danvers shows an unemployment rate of 12.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Danvers have an average one-way commute time of 29 minutes.
Education & Demographics
27.5% of Danvers 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 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Danvers, MN
Compared to national averages, Danvers has a median household income of $117,750 (57% above the national median of $75,149). Home values average $151,100, which is 38% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Danvers's income is 59% above the state average of $74,221, and home values are 26% below the state median of $204,472.
Why Live in Danvers, MN?
Danvers offers a strong local economy with a median household income of $117,750, well above the national average, and affordable housing with a median home value of $151,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Danvers has a population of 134 with a median age of 30.8 years. Compare Danvers with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Danvers
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kettle River | 133 | $63,125 | $129,200 | Compare |
| Palisade | 135 | $36,250 | $87,500 | Compare |
| Squaw Lake | 133 | $61,875 | $200,000 | Compare |
| High Forest | 132 | $120,625 | $297,900 | Compare |
| Wolverton | 136 | $46,944 | $0 | Compare |
| Borup | 137 | $42,386 | $61,100 | Compare |
| Foxhome | 131 | $63,125 | $83,800 | Compare |
| Merrifield | 131 | $0 | $229,700 | 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 Danvers
What is the population of Danvers, MN?
The population of Danvers, MN is 134 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 Danvers?
The median household income in Danvers, MN is $117,750 per year, which is 57% above the national median of $75,149.
What is the median home value in Danvers?
The median home value in Danvers, MN is $151,100, which is 38% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Danvers?
The median monthly rent in Danvers, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Danvers?
The unemployment rate in Danvers, MN is 12.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Danvers, MN a good place to live?
Danvers offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 134 and a median age of 30.8, the city appeals to young professionals and families.
How educated is Danvers, MN?
27.5% of residents in Danvers 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 Danvers?
Key cost-of-living indicators for Danvers, MN: median home value is $151,100 (38% below national), median rent is $0/month, and median household income is $117,750. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Danvers?
The poverty rate in Danvers, MN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Danvers, MN?
Danvers's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.