Park Rapids, MN
Population 4,226 · Minnesota
About Park Rapids, MN
Park Rapids is a small community in Minnesota with a population of 4,226 residents. The median household income is $45,800 per year, which is below the national average. The median age in Park Rapids is 45.2 years.
Housing in Park Rapids has a median home value of $218,500 and median monthly rent of $912. Of the 2,098 total housing units, the majority are owner-occupied, with 1,002 owner-occupied and 970 renter-occupied units.
The unemployment rate in Park Rapids is 6.9% and the poverty rate is 13.4%. 25.6% of residents hold a bachelor's degree or higher. The average commute time is 27 minutes.
Cost of Living in Park Rapids, MN
Compared to national averages, Park Rapids has a median household income of $45,800 (39% below the national median of $75,149). Home values average $218,500, which is 11% below the national median. Monthly rent at $912 is 22% below the US average of $1,163. Within Minnesota, Park Rapids's income is 38% below the state average of $74,221, and home values are 7% above the state median of $204,472.
Why Live in Park Rapids, MN?
Park Rapids offers affordable housing with a median home value of $218,500, below the US average of $244,900, and rent that’s lower than the national average at $912/month.
Potential considerations include median household income ($45,800) that falls below the national average. However, Park Rapids’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Park Rapids has a population of 4,226 with a median age of 45.2 years. Compare Park Rapids with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Park Rapids
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cannon Falls | 4,216 | $80,515 | $262,100 | Compare |
| Columbus | 4,211 | $117,917 | $439,200 | Compare |
| Le Sueur | 4,204 | $71,563 | $216,700 | Compare |
| Cold Spring | 4,201 | $72,022 | $242,000 | Compare |
| Pipestone | 4,165 | $61,442 | $102,000 | Compare |
| Rice Lake | 4,120 | $95,347 | $283,700 | Compare |
| Goodview | 4,104 | $75,375 | $215,200 | Compare |
| Wadena | 4,361 | $45,850 | $158,700 | 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.
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Frequently Asked Questions about Park Rapids
What is the population of Park Rapids, MN?
The population of Park Rapids, MN is 4,226 according to the latest Census data.
What is the median household income in Park Rapids?
The median household income in Park Rapids, MN is $45,800 per year.
What is the median home value in Park Rapids?
The median home value in Park Rapids, MN is $218,500.
What is the average rent in Park Rapids?
The median monthly rent in Park Rapids, MN is $912.
What is the unemployment rate in Park Rapids?
The unemployment rate in Park Rapids, MN is 6.9%.