Elizabeth, MN
Population 154 · Minnesota
About Elizabeth, MN
Elizabeth is a small community in Minnesota with a population of 154 residents. The median household income is $62,500 per year, which is near the national average. The median age in Elizabeth is 31 years.
Housing in Elizabeth has a median home value of $114,600 and median monthly rent of $1,333. Of the 75 total housing units, the majority are owner-occupied, with 48 owner-occupied and 10 renter-occupied units.
The unemployment rate in Elizabeth is 2.5% and the poverty rate is 4.5%. 5.3% of residents hold a bachelor's degree or higher. The average commute time is 15.5 minutes.
Cost of Living in Elizabeth, MN
Compared to national averages, Elizabeth has a median household income of $62,500 (17% below the national median of $75,149). Home values average $114,600, which is 53% below the national median. Monthly rent at $1,333 is 15% above the US average of $1,163. Within Minnesota, Elizabeth's income is 16% below the state average of $74,221, and home values are 44% below the state median of $204,472.
Why Live in Elizabeth, MN?
Elizabeth offers affordable housing with a median home value of $114,600, below the US average of $244,900, and a strong job market with an unemployment rate of just 2.5%, and a low poverty rate of 4.5%, better than the national average. Additionally, the city features short commute times averaging just 15.5 minutes.
Potential considerations include median household income ($62,500) that falls below the national average. However, Elizabeth’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Elizabeth has a population of 154 with a median age of 31 years. Compare Elizabeth with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Elizabeth
What is the population of Elizabeth, MN?
The population of Elizabeth, MN is 154 according to the latest Census data.
What is the median household income in Elizabeth?
The median household income in Elizabeth, MN is $62,500 per year.
What is the median home value in Elizabeth?
The median home value in Elizabeth, MN is $114,600.
What is the average rent in Elizabeth?
The median monthly rent in Elizabeth, MN is $1,333.
What is the unemployment rate in Elizabeth?
The unemployment rate in Elizabeth, MN is 2.5%.