Graceville, MN
Population 586 · Minnesota
About Graceville, MN
Graceville is a small community in Minnesota with a population of 586 residents. The median household income is $51,667 per year, which is near the national average. The median age in Graceville is 44.2 years.
Housing in Graceville has a median home value of $101,700 and median monthly rent of $703. Of the 292 total housing units, the majority are owner-occupied, with 173 owner-occupied and 85 renter-occupied units.
The unemployment rate in Graceville is 3.8% and the poverty rate is 23.4%. 17.1% of residents hold a bachelor's degree or higher. The average commute time is 18.4 minutes.
Cost of Living in Graceville, MN
Compared to national averages, Graceville has a median household income of $51,667 (31% below the national median of $75,149). Home values average $101,700, which is 58% below the national median. Monthly rent at $703 is 40% below the US average of $1,163. Within Minnesota, Graceville's income is 30% below the state average of $74,221, and home values are 50% below the state median of $204,472.
Why Live in Graceville, MN?
Graceville offers affordable housing with a median home value of $101,700, below the US average of $244,900, and rent that’s lower than the national average at $703/month, and short commute times averaging just 18.4 minutes.
Potential considerations include median household income ($51,667) that falls below the national average. However, Graceville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Graceville has a population of 586 with a median age of 44.2 years. Compare Graceville with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Graceville
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marble | 588 | $54,688 | $102,700 | Compare |
| Halstad | 589 | $67,857 | $114,800 | Compare |
| Brooten | 582 | $47,500 | $128,900 | Compare |
| Rollingstone | 590 | $86,500 | $217,400 | Compare |
| Heron Lake | 591 | $66,607 | $86,200 | Compare |
| New Germany | 581 | $88,438 | $252,600 | Compare |
| Motley | 593 | $43,281 | $128,300 | Compare |
| Sunfish Lake | 594 | $250,001 | $1,109,000 | 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 Graceville
What is the population of Graceville, MN?
The population of Graceville, MN is 586 according to the latest Census data.
What is the median household income in Graceville?
The median household income in Graceville, MN is $51,667 per year.
What is the median home value in Graceville?
The median home value in Graceville, MN is $101,700.
What is the average rent in Graceville?
The median monthly rent in Graceville, MN is $703.
What is the unemployment rate in Graceville?
The unemployment rate in Graceville, MN is 3.8%.