Kennedy, MN
Population 185 · Minnesota
About Kennedy, MN
Kennedy is a small community located in Minnesota with a population of 185 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,875 per year, which is 38% below the national median of $75,149. The median age of 42.4 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 Kennedy features a median home value of $67,700, which is 72% below the national median of $244,900. This makes Kennedy 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 114 total housing units, 85% are owner-occupied (93 units) and 15% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Kennedy shows an unemployment rate of 16.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Kennedy have an average one-way commute time of 14.8 minutes, one of the shorter commutes in the region.
Education & Demographics
29.9% of Kennedy 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 10.3% White, 2.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Kennedy, MN
Compared to national averages, Kennedy has a median household income of $46,875 (38% below the national median of $75,149). Home values average $67,700, which is 72% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Kennedy's income is 37% below the state average of $74,221, and home values are 67% below the state median of $204,472.
Why Live in Kennedy, MN?
Kennedy offers affordable housing with a median home value of $67,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 3.8%, better than the national average. Additionally, the city features short commute times averaging just 14.8 minutes.
Potential considerations include median household income ($46,875) that falls below the national average. However, Kennedy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Kennedy has a population of 185 with a median age of 42.4 years. Compare Kennedy with other cities to see how it stacks up, or explore all cities in Minnesota.
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Demographics
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Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Kennedy
What is the population of Kennedy, MN?
The population of Kennedy, MN is 185 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 Kennedy?
The median household income in Kennedy, MN is $46,875 per year, which is 38% below the national median of $75,149.
What is the median home value in Kennedy?
The median home value in Kennedy, MN is $67,700, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Kennedy?
The median monthly rent in Kennedy, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Kennedy?
The unemployment rate in Kennedy, MN is 16.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Kennedy, MN a good place to live?
Kennedy offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 185 and a median age of 42.4, the city appeals to a broad range of residents.
How educated is Kennedy, MN?
29.9% of residents in Kennedy 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 Kennedy?
Key cost-of-living indicators for Kennedy, MN: median home value is $67,700 (72% below national), median rent is $0/month, and median household income is $46,875. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Kennedy?
The poverty rate in Kennedy, MN is 3.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Kennedy, MN?
Kennedy's population is 10.3% White, 2.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.2% two or more races. 0.0% of residents are foreign-born.