Grasston, MN
Population 116 · Minnesota
About Grasston, MN
Grasston is a small community located in Minnesota with a population of 116 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,750 per year, which is 2% below the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grasston features a median home value of $150,000, which is 39% below the national median of $244,900. This positions Grasston in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 50 total housing units, 100% are owner-occupied (46 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grasston shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grasston have an average one-way commute time of 44.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
16.5% of Grasston 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.9% of the population being foreign-born.
Cost of Living in Grasston, MN
Compared to national averages, Grasston has a median household income of $73,750 (2% below the national median of $75,149). Home values average $150,000, which is 39% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Grasston's income is 1% below the state average of $74,221, and home values are 27% below the state median of $204,472.
Why Live in Grasston, MN?
Grasston offers affordable housing with a median home value of $150,000, 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 3.3%. Additionally, the city features a low poverty rate of 3.4%, better than the national average.
Potential considerations include median household income ($73,750) that falls below the national average. However, Grasston’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grasston has a population of 116 with a median age of 40.5 years. Compare Grasston with other cities to see how it stacks up, or explore all cities in Minnesota.
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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 Grasston
What is the population of Grasston, MN?
The population of Grasston, MN is 116 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 Grasston?
The median household income in Grasston, MN is $73,750 per year, which is 2% below the national median of $75,149.
What is the median home value in Grasston?
The median home value in Grasston, MN is $150,000, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grasston?
The median monthly rent in Grasston, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Grasston?
The unemployment rate in Grasston, MN is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grasston, MN a good place to live?
Grasston offers a moderate cost of living, affordable housing, and a strong job market. With a population of 116 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Grasston, MN?
16.5% of residents in Grasston 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 Grasston?
Key cost-of-living indicators for Grasston, MN: median home value is $150,000 (39% below national), median rent is $0/month, and median household income is $73,750. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grasston?
The poverty rate in Grasston, MN is 3.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grasston, MN?
Grasston's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.