Grand Meadow, MN
Population 954 · Minnesota
About Grand Meadow, MN
Grand Meadow is a small community located in Minnesota with a population of 954 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,750 per year, which is 9% below the national median of $75,149. The median age of 37.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grand Meadow features a median home value of $169,100, which is 31% below the national median of $244,900. This positions Grand Meadow in a moderately priced market relative to the rest of the country. Median monthly rent is $498, 57% below the national average of $1,163/month. Of the 451 total housing units, 86% are owner-occupied (339 units) and 14% are renter-occupied (57 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grand Meadow shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grand Meadow have an average one-way commute time of 25.3 minutes.
Education & Demographics
28.5% of Grand Meadow 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 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 2.2% of the population being foreign-born.
How Grand Meadow Ranks in Minnesota
Cost of Living in Grand Meadow, MN
Compared to national averages, Grand Meadow has a median household income of $68,750 (9% below the national median of $75,149). Home values average $169,100, which is 31% below the national median. Monthly rent at $498 is 57% below the US average of $1,163. Within Minnesota, Grand Meadow's income is 7% below the state average of $74,221, and home values are 17% below the state median of $204,472.
Why Live in Grand Meadow, MN?
Grand Meadow offers affordable housing with a median home value of $169,100, below the US average of $244,900, and rent that’s lower than the national average at $498/month, and a strong job market with an unemployment rate of just 0.8%. Additionally, the city features a low poverty rate of 7.5%, better than the national average.
Potential considerations include median household income ($68,750) that falls below the national average. However, Grand Meadow’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grand Meadow has a population of 954 with a median age of 37.2 years. Compare Grand Meadow with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Grand Meadow
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Birchwood Village | 960 | $156,653 | $461,800 | Compare |
| Mazeppa | 948 | $88,929 | $231,200 | Compare |
| Sherburn | 946 | $63,026 | $97,900 | Compare |
| Bird Island | 964 | $71,190 | $114,600 | Compare |
| Nicollet | 966 | $80,500 | $214,100 | Compare |
| Henderson | 933 | $88,750 | $207,800 | Compare |
| Welcome | 977 | $55,357 | $91,300 | Compare |
| Pine River | 928 | $39,858 | $133,300 | 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.
Compare Grand Meadow With Other Cities
Frequently Asked Questions about Grand Meadow
What is the population of Grand Meadow, MN?
The population of Grand Meadow, MN is 954 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 Grand Meadow?
The median household income in Grand Meadow, MN is $68,750 per year, which is 9% below the national median of $75,149.
What is the median home value in Grand Meadow?
The median home value in Grand Meadow, MN is $169,100, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grand Meadow?
The median monthly rent in Grand Meadow, MN is $498, which is 57% below the national average of $1,163/month.
What is the unemployment rate in Grand Meadow?
The unemployment rate in Grand Meadow, MN is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grand Meadow, MN a good place to live?
Grand Meadow offers a moderate cost of living, affordable housing, and a strong job market. With a population of 954 and a median age of 37.2, the city appeals to a broad range of residents.
How educated is Grand Meadow, MN?
28.5% of residents in Grand Meadow 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 Grand Meadow?
Key cost-of-living indicators for Grand Meadow, MN: median home value is $169,100 (31% below national), median rent is $498/month, and median household income is $68,750. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grand Meadow?
The poverty rate in Grand Meadow, MN is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grand Meadow, MN?
Grand Meadow's population is 0.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 0.0% two or more races. 2.2% of residents are foreign-born.