Federal Dam, MN
Population 147 · Minnesota
About Federal Dam, MN
Federal Dam is a small community in Minnesota with a population of 147 residents. The median household income is $48,750 per year, which is below the national average. The median age in Federal Dam is 38.8 years.
Housing in Federal Dam has a median home value of $141,700 and median monthly rent of $1,125. Of the 135 total housing units, the majority are owner-occupied, with 50 owner-occupied and 16 renter-occupied units.
The unemployment rate in Federal Dam is 5.9% and the poverty rate is 10.9%. 6.1% of residents hold a bachelor's degree or higher. The average commute time is 32 minutes.
Cost of Living in Federal Dam, MN
Compared to national averages, Federal Dam has a median household income of $48,750 (35% below the national median of $75,149). Home values average $141,700, which is 42% below the national median. Monthly rent at $1,125 is 3% below the US average of $1,163. Within Minnesota, Federal Dam's income is 34% below the state average of $74,221, and home values are 31% below the state median of $204,472.
Why Live in Federal Dam, MN?
Federal Dam offers affordable housing with a median home value of $141,700, below the US average of $244,900, and rent that’s lower than the national average at $1,125/month, and a low poverty rate of 10.9%, better than the national average.
Potential considerations include median household income ($48,750) that falls below the national average. However, Federal Dam’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Federal Dam has a population of 147 with a median age of 38.8 years. Compare Federal Dam 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 Federal Dam
What is the population of Federal Dam, MN?
The population of Federal Dam, MN is 147 according to the latest Census data.
What is the median household income in Federal Dam?
The median household income in Federal Dam, MN is $48,750 per year.
What is the median home value in Federal Dam?
The median home value in Federal Dam, MN is $141,700.
What is the average rent in Federal Dam?
The median monthly rent in Federal Dam, MN is $1,125.
What is the unemployment rate in Federal Dam?
The unemployment rate in Federal Dam, MN is 5.9%.