Mora, MN
Population 3,708 · Minnesota
About Mora, MN
Mora is a small town located in Minnesota with a population of 3,708 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,704 per year, which is 29% below the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mora features a median home value of $180,300, which is 26% below the national median of $244,900. This positions Mora in a moderately priced market relative to the rest of the country. Median monthly rent is $903, 22% below the national average of $1,163/month. Of the 1,683 total housing units, 58% are owner-occupied (869 units) and 42% are renter-occupied (620 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Mora shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 14.2%, above the national average of 12.4%. Workers in Mora have an average one-way commute time of 21 minutes.
Education & Demographics
18.6% of Mora 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 0.7% White, 1.9% Hispanic or Latino, 1.5% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Mora, MN
Compared to national averages, Mora has a median household income of $53,704 (29% below the national median of $75,149). Home values average $180,300, which is 26% below the national median. Monthly rent at $903 is 22% below the US average of $1,163. Within Minnesota, Mora's income is 28% below the state average of $74,221, and home values are 12% below the state median of $204,472.
Why Live in Mora, MN?
Mora offers affordable housing with a median home value of $180,300, below the US average of $244,900, and rent that’s lower than the national average at $903/month, and short commute times averaging just 21 minutes.
Potential considerations include median household income ($53,704) that falls below the national average. However, Mora’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mora has a population of 3,708 with a median age of 41.2 years. Compare Mora with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Mora
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Independence | 3,695 | $194,205 | $757,800 | Compare |
| Pine Island | 3,693 | $91,612 | $324,700 | Compare |
| Long Prairie | 3,683 | $57,139 | $130,100 | Compare |
| Melrose | 3,608 | $58,107 | $198,300 | Compare |
| Two Harbors | 3,598 | $62,885 | $187,100 | Compare |
| Deephaven | 3,835 | $175,441 | $854,000 | Compare |
| Perham | 3,577 | $47,088 | $186,000 | Compare |
| Montrose | 3,840 | $98,832 | $260,100 | 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 Mora With Other Cities
Frequently Asked Questions about Mora
What is the population of Mora, MN?
The population of Mora, MN is 3,708 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Mora?
The median household income in Mora, MN is $53,704 per year, which is 29% below the national median of $75,149.
What is the median home value in Mora?
The median home value in Mora, MN is $180,300, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mora?
The median monthly rent in Mora, MN is $903, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Mora?
The unemployment rate in Mora, MN is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mora, MN a good place to live?
Mora offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,708 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Mora, MN?
18.6% of residents in Mora 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 Mora?
Key cost-of-living indicators for Mora, MN: median home value is $180,300 (26% below national), median rent is $903/month, and median household income is $53,704. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mora?
The poverty rate in Mora, MN is 14.2%, 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 Mora, MN?
Mora's population is 0.7% White, 1.9% Hispanic or Latino, 1.5% Black or African American, 0.0% Asian, and 0.6% two or more races. 0.8% of residents are foreign-born.