Grey Eagle, MN
Population 259 · Minnesota
About Grey Eagle, MN
Grey Eagle is a small community located in Minnesota with a population of 259 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,750 per year, which is 38% below the national median of $75,149. The median age of 56.5 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 Grey Eagle features a median home value of $178,000, which is 27% below the national median of $244,900. This positions Grey Eagle in a moderately priced market relative to the rest of the country. Median monthly rent is $360, 69% below the national average of $1,163/month. Of the 170 total housing units, 74% are owner-occupied (103 units) and 26% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grey Eagle shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.7%, above the national average of 12.4%. Workers in Grey Eagle have an average one-way commute time of 26.1 minutes.
Education & Demographics
7.5% of Grey Eagle 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 0.0% of the population being foreign-born.
How Grey Eagle Ranks in Minnesota
Cost of Living in Grey Eagle, MN
Compared to national averages, Grey Eagle has a median household income of $46,750 (38% below the national median of $75,149). Home values average $178,000, which is 27% below the national median. Monthly rent at $360 is 69% below the US average of $1,163. Within Minnesota, Grey Eagle's income is 37% below the state average of $74,221, and home values are 13% below the state median of $204,472.
Why Live in Grey Eagle, MN?
Grey Eagle offers affordable housing with a median home value of $178,000, below the US average of $244,900, and rent that’s lower than the national average at $360/month.
Potential considerations include median household income ($46,750) that falls below the national average. However, Grey Eagle’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grey Eagle has a population of 259 with a median age of 56.5 years. Compare Grey Eagle with other cities to see how it stacks up, or explore all cities in Minnesota.
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Demographics
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Economy & Education
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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 Grey Eagle
What is the population of Grey Eagle, MN?
The population of Grey Eagle, MN is 259 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 Grey Eagle?
The median household income in Grey Eagle, MN is $46,750 per year, which is 38% below the national median of $75,149.
What is the median home value in Grey Eagle?
The median home value in Grey Eagle, MN is $178,000, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grey Eagle?
The median monthly rent in Grey Eagle, MN is $360, which is 69% below the national average of $1,163/month.
What is the unemployment rate in Grey Eagle?
The unemployment rate in Grey Eagle, MN is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grey Eagle, MN a good place to live?
Grey Eagle offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 259 and a median age of 56.5, the city appeals to established professionals and retirees.
How educated is Grey Eagle, MN?
7.5% of residents in Grey Eagle 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 Grey Eagle?
Key cost-of-living indicators for Grey Eagle, MN: median home value is $178,000 (27% below national), median rent is $360/month, and median household income is $46,750. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Grey Eagle?
The poverty rate in Grey Eagle, MN is 14.7%, 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 Grey Eagle, MN?
Grey Eagle'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. 0.0% of residents are foreign-born.