Halma, MN
Population 46 · Minnesota
About Halma, MN
Halma is a small community located in Minnesota with a population of 46 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,500 per year, which is 30% below the national median of $75,149. The median age of 23.5 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 Halma features a median home value of $77,500, which is 68% below the national median of $244,900. This makes Halma one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 14 total housing units, 93% are owner-occupied (13 units) and 7% are renter-occupied (1 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Halma 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 28.9%, above the national average of 12.4%. Workers in Halma have an average one-way commute time of 18.5 minutes, one of the shorter commutes in the region.
Education & Demographics
27.3% of Halma 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.3% of the population being foreign-born.
Cost of Living in Halma, MN
Compared to national averages, Halma has a median household income of $52,500 (30% below the national median of $75,149). Home values average $77,500, which is 68% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Halma's income is 29% below the state average of $74,221, and home values are 62% below the state median of $204,472.
Why Live in Halma, MN?
Halma offers affordable housing with a median home value of $77,500, 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 0.0%. Additionally, the city features short commute times averaging just 18.5 minutes.
Potential considerations include median household income ($52,500) that falls below the national average. However, Halma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Halma has a population of 46 with a median age of 23.5 years. Compare Halma 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 Halma
What is the population of Halma, MN?
The population of Halma, MN is 46 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 Halma?
The median household income in Halma, MN is $52,500 per year, which is 30% below the national median of $75,149.
What is the median home value in Halma?
The median home value in Halma, MN is $77,500, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Halma?
The median monthly rent in Halma, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Halma?
The unemployment rate in Halma, 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 Halma, MN a good place to live?
Halma offers a moderate cost of living, affordable housing, and a strong job market. With a population of 46 and a median age of 23.5, the city appeals to young professionals and families.
How educated is Halma, MN?
27.3% of residents in Halma 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 Halma?
Key cost-of-living indicators for Halma, MN: median home value is $77,500 (68% below national), median rent is $0/month, and median household income is $52,500. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Halma?
The poverty rate in Halma, MN is 28.9%, 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 Halma, MN?
Halma'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. 4.3% of residents are foreign-born.