Pease, MN
Population 199 · Minnesota
About Pease, MN
Pease is a small community located in Minnesota with a population of 199 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,500 per year, which is 17% below the national median of $75,149. The median age of 37.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Pease features a median home value of $175,000, which is 29% below the national median of $244,900. This positions Pease in a moderately priced market relative to the rest of the country. Median monthly rent is $1,083, 7% below the national average of $1,163/month. Of the 80 total housing units, 79% are owner-occupied (60 units) and 21% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pease shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pease have an average one-way commute time of 29.1 minutes.
Education & Demographics
3.5% of Pease 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 2.0% White, 1.5% 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 Pease, MN
Compared to national averages, Pease has a median household income of $62,500 (17% below the national median of $75,149). Home values average $175,000, which is 29% below the national median. Monthly rent at $1,083 is 7% below the US average of $1,163. Within Minnesota, Pease's income is 16% below the state average of $74,221, and home values are 14% below the state median of $204,472.
Why Live in Pease, MN?
Pease offers affordable housing with a median home value of $175,000, below the US average of $244,900, and rent that’s lower than the national average at $1,083/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 10.5%, better than the national average.
Potential considerations include median household income ($62,500) that falls below the national average. However, Pease’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pease has a population of 199 with a median age of 37.1 years. Compare Pease 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 Pease
What is the population of Pease, MN?
The population of Pease, MN is 199 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 Pease?
The median household income in Pease, MN is $62,500 per year, which is 17% below the national median of $75,149.
What is the median home value in Pease?
The median home value in Pease, MN is $175,000, which is 29% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pease?
The median monthly rent in Pease, MN is $1,083, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Pease?
The unemployment rate in Pease, MN is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Pease, MN a good place to live?
Pease offers a moderate cost of living, affordable housing, and a strong job market. With a population of 199 and a median age of 37.1, the city appeals to a broad range of residents.
How educated is Pease, MN?
3.5% of residents in Pease 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 Pease?
Key cost-of-living indicators for Pease, MN: median home value is $175,000 (29% below national), median rent is $1,083/month, and median household income is $62,500. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pease?
The poverty rate in Pease, MN is 10.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pease, MN?
Pease's population is 2.0% White, 1.5% 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.