Halstad, MN
Population 589 · Minnesota
About Halstad, MN
Halstad is a small community located in Minnesota with a population of 589 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,857 per year, which is 10% below the national median of $75,149. The median age of 42.6 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 Halstad features a median home value of $114,800, which is 53% below the national median of $244,900. This makes Halstad one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $690, 41% below the national average of $1,163/month. Of the 264 total housing units, 82% are owner-occupied (185 units) and 18% are renter-occupied (41 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Halstad shows an unemployment rate of 0.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Halstad have an average one-way commute time of 33.8 minutes.
Education & Demographics
19.9% of Halstad 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 14.9% White, 4.1% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 2.5% of the population being foreign-born.
How Halstad Ranks in Minnesota
Cost of Living in Halstad, MN
Compared to national averages, Halstad has a median household income of $67,857 (10% below the national median of $75,149). Home values average $114,800, which is 53% below the national median. Monthly rent at $690 is 41% below the US average of $1,163. Within Minnesota, Halstad's income is 9% below the state average of $74,221, and home values are 44% below the state median of $204,472.
Why Live in Halstad, MN?
Halstad offers affordable housing with a median home value of $114,800, below the US average of $244,900, and rent that’s lower than the national average at $690/month, and a strong job market with an unemployment rate of just 0.7%. Additionally, the city features a low poverty rate of 2.5%, better than the national average.
Potential considerations include median household income ($67,857) that falls below the national average. However, Halstad’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Halstad has a population of 589 with a median age of 42.6 years. Compare Halstad with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Halstad
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marble | 588 | $54,688 | $102,700 | Compare |
| Rollingstone | 590 | $86,500 | $217,400 | Compare |
| Heron Lake | 591 | $66,607 | $86,200 | Compare |
| Graceville | 586 | $51,667 | $101,700 | Compare |
| Motley | 593 | $43,281 | $128,300 | Compare |
| Sunfish Lake | 594 | $250,001 | $1,109,000 | Compare |
| Brooten | 582 | $47,500 | $128,900 | Compare |
| Glenville | 596 | $53,750 | $119,400 | 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 Halstad With Other Cities
Frequently Asked Questions about Halstad
What is the population of Halstad, MN?
The population of Halstad, MN is 589 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 Halstad?
The median household income in Halstad, MN is $67,857 per year, which is 10% below the national median of $75,149.
What is the median home value in Halstad?
The median home value in Halstad, MN is $114,800, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Halstad?
The median monthly rent in Halstad, MN is $690, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Halstad?
The unemployment rate in Halstad, MN is 0.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Halstad, MN a good place to live?
Halstad offers a moderate cost of living, affordable housing, and a strong job market. With a population of 589 and a median age of 42.6, the city appeals to a broad range of residents.
How educated is Halstad, MN?
19.9% of residents in Halstad 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 Halstad?
Key cost-of-living indicators for Halstad, MN: median home value is $114,800 (53% below national), median rent is $690/month, and median household income is $67,857. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Halstad?
The poverty rate in Halstad, MN is 2.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Halstad, MN?
Halstad's population is 14.9% White, 4.1% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 3.6% two or more races. 2.5% of residents are foreign-born.