Ormsby, MN
Population 123 · Minnesota
About Ormsby, MN
Ormsby is a small community located in Minnesota with a population of 123 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,500 per year, which is 38% below the national median of $75,149. The median age of 51.5 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 Ormsby features a median home value of $60,000, which is 76% below the national median of $244,900. This makes Ormsby 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 62 total housing units, 93% are owner-occupied (54 units) and 7% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ormsby shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 7.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ormsby have an average one-way commute time of 24.8 minutes.
Education & Demographics
2.3% of Ormsby 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 Ormsby Ranks in Minnesota
Cost of Living in Ormsby, MN
Compared to national averages, Ormsby has a median household income of $46,500 (38% below the national median of $75,149). Home values average $60,000, which is 76% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Ormsby's income is 37% below the state average of $74,221, and home values are 71% below the state median of $204,472.
Why Live in Ormsby, MN?
Ormsby offers affordable housing with a median home value of $60,000, 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 7.3%, better than the national average. Additionally, the city features short commute times averaging just 24.8 minutes.
Potential considerations include median household income ($46,500) that falls below the national average. However, Ormsby’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ormsby has a population of 123 with a median age of 51.5 years. Compare Ormsby 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 Ormsby
What is the population of Ormsby, MN?
The population of Ormsby, MN is 123 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 Ormsby?
The median household income in Ormsby, MN is $46,500 per year, which is 38% below the national median of $75,149.
What is the median home value in Ormsby?
The median home value in Ormsby, MN is $60,000, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ormsby?
The median monthly rent in Ormsby, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ormsby?
The unemployment rate in Ormsby, MN is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ormsby, MN a good place to live?
Ormsby offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 123 and a median age of 51.5, the city appeals to established professionals and retirees.
How educated is Ormsby, MN?
2.3% of residents in Ormsby 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 Ormsby?
Key cost-of-living indicators for Ormsby, MN: median home value is $60,000 (76% below national), median rent is $0/month, and median household income is $46,500. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ormsby?
The poverty rate in Ormsby, MN is 7.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ormsby, MN?
Ormsby'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.