Frost, MN
Population 300 · Minnesota
About Frost, MN
Frost is a small community located in Minnesota with a population of 300 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,000 per year, which is 0% below the national median of $75,149. The median age of 38.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Frost features a median home value of $71,800, which is 71% below the national median of $244,900. This makes Frost one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $825, 29% below the national average of $1,163/month. Of the 128 total housing units, 87% are owner-occupied (94 units) and 13% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Frost shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.0%, above the national average of 12.4%. Workers in Frost have an average one-way commute time of 22.8 minutes.
Education & Demographics
17.7% of Frost 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 4.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 2.3% Asian residents, with 2.0% of the population being foreign-born.
Cost of Living in Frost, MN
Compared to national averages, Frost has a median household income of $75,000 (0% below the national median of $75,149). Home values average $71,800, which is 71% below the national median. Monthly rent at $825 is 29% below the US average of $1,163. Within Minnesota, Frost's income is 1% above the state average of $74,221, and home values are 65% below the state median of $204,472.
Why Live in Frost, MN?
Frost offers affordable housing with a median home value of $71,800, below the US average of $244,900, and rent that’s lower than the national average at $825/month, and short commute times averaging just 22.8 minutes.
Potential considerations include median household income ($75,000) that falls below the national average. However, Frost’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Frost has a population of 300 with a median age of 38.1 years. Compare Frost with other cities to see how it stacks up, or explore all cities in Minnesota.
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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 Frost
What is the population of Frost, MN?
The population of Frost, MN is 300 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 Frost?
The median household income in Frost, MN is $75,000 per year, which is 0% below the national median of $75,149.
What is the median home value in Frost?
The median home value in Frost, MN is $71,800, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Frost?
The median monthly rent in Frost, MN is $825, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Frost?
The unemployment rate in Frost, MN is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Frost, MN a good place to live?
Frost offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 300 and a median age of 38.1, the city appeals to a broad range of residents.
How educated is Frost, MN?
17.7% of residents in Frost 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 Frost?
Key cost-of-living indicators for Frost, MN: median home value is $71,800 (71% below national), median rent is $825/month, and median household income is $75,000. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Frost?
The poverty rate in Frost, MN is 13.0%, 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 Frost, MN?
Frost's population is 4.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 2.3% Asian, and 1.7% two or more races. 2.0% of residents are foreign-born.