Osakis, MN
Population 1,667 · Minnesota
About Osakis, MN
Osakis is a small town located in Minnesota with a population of 1,667 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,684 per year, which is 29% below the national median of $75,149. The median age of 45.7 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 Osakis features a median home value of $169,200, which is 31% below the national median of $244,900. This positions Osakis in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,058 total housing units, 62% are owner-occupied (477 units) and 38% are renter-occupied (293 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Osakis shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.3%, above the national average of 12.4%. Workers in Osakis have an average one-way commute time of 22.1 minutes.
Education & Demographics
19.3% of Osakis 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, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 0.1% of the population being foreign-born.
How Osakis Ranks in Minnesota
Cost of Living in Osakis, MN
Compared to national averages, Osakis has a median household income of $53,684 (29% below the national median of $75,149). Home values average $169,200, which is 31% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Osakis's income is 28% below the state average of $74,221, and home values are 17% below the state median of $204,472.
Why Live in Osakis, MN?
Osakis offers affordable housing with a median home value of $169,200, 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 0.6%. Additionally, the city features short commute times averaging just 22.1 minutes.
Potential considerations include median household income ($53,684) that falls below the national average. However, Osakis’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Osakis has a population of 1,667 with a median age of 45.7 years. Compare Osakis with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Osakis
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hinckley | 1,665 | $41,979 | $165,200 | Compare |
| Oronoco | 1,665 | $146,875 | $468,700 | Compare |
| Braham | 1,674 | $55,417 | $191,600 | Compare |
| Lewiston | 1,680 | $96,912 | $211,200 | Compare |
| Lakefield | 1,652 | $62,656 | $115,900 | Compare |
| Gilbert | 1,693 | $62,625 | $116,200 | Compare |
| Warren | 1,637 | $57,656 | $134,300 | Compare |
| Grand Marais | 1,700 | $73,846 | $283,700 | 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 Osakis With Other Cities
Frequently Asked Questions about Osakis
What is the population of Osakis, MN?
The population of Osakis, MN is 1,667 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 Osakis?
The median household income in Osakis, MN is $53,684 per year, which is 29% below the national median of $75,149.
What is the median home value in Osakis?
The median home value in Osakis, MN is $169,200, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Osakis?
The median monthly rent in Osakis, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Osakis?
The unemployment rate in Osakis, MN is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Osakis, MN a good place to live?
Osakis offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,667 and a median age of 45.7, the city appeals to established professionals and retirees.
How educated is Osakis, MN?
19.3% of residents in Osakis 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 Osakis?
Key cost-of-living indicators for Osakis, MN: median home value is $169,200 (31% below national), median rent is $0/month, and median household income is $53,684. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Osakis?
The poverty rate in Osakis, MN is 13.3%, 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 Osakis, MN?
Osakis's population is 0.7% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.1% two or more races. 0.1% of residents are foreign-born.