Finland, MN
Population 220 · Minnesota
About Finland, MN
Finland is a small community in Minnesota with a population of 220 residents. The median household income is $51,875 per year, which is near the national average. The median age in Finland is 54.9 years.
Housing in Finland has a median home value of $122,600 and median monthly rent of $699. Of the 177 total housing units, the majority are owner-occupied, with 105 owner-occupied and 39 renter-occupied units.
The unemployment rate in Finland is 12.1% and the poverty rate is 20.5%. 10.7% of residents hold a bachelor's degree or higher. The average commute time is 25.8 minutes.
Cost of Living in Finland, MN
Compared to national averages, Finland has a median household income of $51,875 (31% below the national median of $75,149). Home values average $122,600, which is 50% below the national median. Monthly rent at $699 is 40% below the US average of $1,163. Within Minnesota, Finland's income is 30% below the state average of $74,221, and home values are 40% below the state median of $204,472.
Why Live in Finland, MN?
Finland offers affordable housing with a median home value of $122,600, below the US average of $244,900, and rent that’s lower than the national average at $699/month.
Potential considerations include median household income ($51,875) that falls below the national average. However, Finland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Finland has a population of 220 with a median age of 54.9 years. Compare Finland 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 Finland
What is the population of Finland, MN?
The population of Finland, MN is 220 according to the latest Census data.
What is the median household income in Finland?
The median household income in Finland, MN is $51,875 per year.
What is the median home value in Finland?
The median home value in Finland, MN is $122,600.
What is the average rent in Finland?
The median monthly rent in Finland, MN is $699.
What is the unemployment rate in Finland?
The unemployment rate in Finland, MN is 12.1%.