Funkley, MN
Population 61 · Minnesota
About Funkley, MN
Funkley is a small community located in Minnesota with a population of 61 residents according to the latest US Census Bureau American Community Survey data. The median household income is $23,750 per year, which is 68% below the national median of $75,149. The median age of 57 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Funkley features a median home value of $22,700, which is 91% below the national median of $244,900. This makes Funkley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 24 total housing units, 100% are owner-occupied (24 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Funkley shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 85.2%, above the national average of 12.4%. Workers in Funkley have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Funkley 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 0.0% White, 11.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.3% of the population being foreign-born.
How Funkley Ranks in Minnesota
Cost of Living in Funkley, MN
Compared to national averages, Funkley has a median household income of $23,750 (68% below the national median of $75,149). Home values average $22,700, which is 91% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Funkley's income is 68% below the state average of $74,221, and home values are 89% below the state median of $204,472.
Why Live in Funkley, MN?
Funkley offers affordable housing with a median home value of $22,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($23,750) that falls below the national average. However, Funkley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Funkley has a population of 61 with a median age of 57 years. Compare Funkley with other cities to see how it stacks up, or explore all cities in Minnesota.
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Demographics
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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 Funkley
What is the population of Funkley, MN?
The population of Funkley, MN is 61 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 Funkley?
The median household income in Funkley, MN is $23,750 per year, which is 68% below the national median of $75,149.
What is the median home value in Funkley?
The median home value in Funkley, MN is $22,700, which is 91% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Funkley?
The median monthly rent in Funkley, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Funkley?
The unemployment rate in Funkley, MN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Funkley, MN a good place to live?
Funkley offers a moderate cost of living, affordable housing, and a strong job market. With a population of 61 and a median age of 57, the city appeals to established professionals and retirees.
How educated is Funkley, MN?
0.0% of residents in Funkley 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 Funkley?
Key cost-of-living indicators for Funkley, MN: median home value is $22,700 (91% below national), median rent is $0/month, and median household income is $23,750. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Funkley?
The poverty rate in Funkley, MN is 85.2%, 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 Funkley, MN?
Funkley's population is 0.0% White, 11.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.3% of residents are foreign-born.