Ostrander, MN
Population 323 · Minnesota
About Ostrander, MN
Ostrander is a small community located in Minnesota with a population of 323 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,357 per year, which is 6% below the national median of $75,149. The median age of 35.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Ostrander features a median home value of $141,400, which is 42% below the national median of $244,900. This makes Ostrander 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 132 total housing units, 83% are owner-occupied (105 units) and 17% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ostrander shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.3%, above the national average of 12.4%. Workers in Ostrander have an average one-way commute time of 26.4 minutes.
Education & Demographics
18.8% of Ostrander 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, 1.9% 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 Ostrander, MN
Compared to national averages, Ostrander has a median household income of $70,357 (6% below the national median of $75,149). Home values average $141,400, which is 42% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Ostrander's income is 5% below the state average of $74,221, and home values are 31% below the state median of $204,472.
Why Live in Ostrander, MN?
Ostrander offers affordable housing with a median home value of $141,400, 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 1.3%.
Potential considerations include median household income ($70,357) that falls below the national average. However, Ostrander’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ostrander has a population of 323 with a median age of 35.8 years. Compare Ostrander 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 Ostrander
What is the population of Ostrander, MN?
The population of Ostrander, MN is 323 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 Ostrander?
The median household income in Ostrander, MN is $70,357 per year, which is 6% below the national median of $75,149.
What is the median home value in Ostrander?
The median home value in Ostrander, MN is $141,400, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ostrander?
The median monthly rent in Ostrander, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ostrander?
The unemployment rate in Ostrander, MN is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ostrander, MN a good place to live?
Ostrander offers a moderate cost of living, affordable housing, and a strong job market. With a population of 323 and a median age of 35.8, the city appeals to a broad range of residents.
How educated is Ostrander, MN?
18.8% of residents in Ostrander 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 Ostrander?
Key cost-of-living indicators for Ostrander, MN: median home value is $141,400 (42% below national), median rent is $0/month, and median household income is $70,357. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ostrander?
The poverty rate in Ostrander, MN is 15.3%, 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 Ostrander, MN?
Ostrander's population is 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.9% two or more races. 0.0% of residents are foreign-born.