Ghent, MN
Population 455 · Minnesota
About Ghent, MN
Ghent is a small community located in Minnesota with a population of 455 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,500 per year, which is 4% below the national median of $75,149. The median age of 34.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Ghent features a median home value of $154,700, which is 37% below the national median of $244,900. This positions Ghent in a moderately priced market relative to the rest of the country. Median monthly rent is $941, 19% below the national average of $1,163/month. Of the 184 total housing units, 85% are owner-occupied (144 units) and 15% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ghent 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 7.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ghent have an average one-way commute time of 14.5 minutes, one of the shorter commutes in the region.
Education & Demographics
26.8% of Ghent residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 12.7% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 2.9% of the population being foreign-born.
Cost of Living in Ghent, MN
Compared to national averages, Ghent has a median household income of $72,500 (4% below the national median of $75,149). Home values average $154,700, which is 37% below the national median. Monthly rent at $941 is 19% below the US average of $1,163. Within Minnesota, Ghent's income is 2% below the state average of $74,221, and home values are 24% below the state median of $204,472.
Why Live in Ghent, MN?
Ghent offers affordable housing with a median home value of $154,700, below the US average of $244,900, and rent that’s lower than the national average at $941/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 7.0%, better than the national average, and short commute times averaging just 14.5 minutes.
Potential considerations include median household income ($72,500) that falls below the national average. However, Ghent’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ghent has a population of 455 with a median age of 34.3 years. Compare Ghent with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Ghent
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Browns Valley | 453 | $53,056 | $76,500 | Compare |
| New Auburn | 453 | $68,977 | $140,900 | Compare |
| Rose Creek | 453 | $79,583 | $139,800 | Compare |
| Nevis | 452 | $53,889 | $167,600 | Compare |
| Kandiyohi | 459 | $73,571 | $158,300 | Compare |
| Brandon | 462 | $64,625 | $174,000 | Compare |
| Fifty Lakes | 463 | $79,773 | $401,000 | Compare |
| Carlos | 465 | $65,625 | $174,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
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 Ghent
What is the population of Ghent, MN?
The population of Ghent, MN is 455 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 Ghent?
The median household income in Ghent, MN is $72,500 per year, which is 4% below the national median of $75,149.
What is the median home value in Ghent?
The median home value in Ghent, MN is $154,700, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ghent?
The median monthly rent in Ghent, MN is $941, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Ghent?
The unemployment rate in Ghent, 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 Ghent, MN a good place to live?
Ghent offers a moderate cost of living, affordable housing, and a strong job market. With a population of 455 and a median age of 34.3, the city appeals to young professionals and families.
How educated is Ghent, MN?
26.8% of residents in Ghent 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 Ghent?
Key cost-of-living indicators for Ghent, MN: median home value is $154,700 (37% below national), median rent is $941/month, and median household income is $72,500. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ghent?
The poverty rate in Ghent, MN is 7.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ghent, MN?
Ghent's population is 12.7% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 0.0% two or more races. 2.9% of residents are foreign-born.