Rushmore, MN
Population 351 · Minnesota
About Rushmore, MN
Rushmore is a small community located in Minnesota with a population of 351 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,205 per year, which is 48% below the national median of $75,149. The median age of 32.9 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 Rushmore features a median home value of $107,200, which is 56% below the national median of $244,900. This makes Rushmore one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $750, 36% below the national average of $1,163/month. Of the 170 total housing units, 81% are owner-occupied (129 units) and 19% are renter-occupied (30 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rushmore shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 18.8%, above the national average of 12.4%. Workers in Rushmore have an average one-way commute time of 24.1 minutes.
Education & Demographics
8.8% of Rushmore 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 8.8% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 17.7% Asian residents, with 19.1% of the population being foreign-born.
Cost of Living in Rushmore, MN
Compared to national averages, Rushmore has a median household income of $39,205 (48% below the national median of $75,149). Home values average $107,200, which is 56% below the national median. Monthly rent at $750 is 36% below the US average of $1,163. Within Minnesota, Rushmore's income is 47% below the state average of $74,221, and home values are 48% below the state median of $204,472.
Why Live in Rushmore, MN?
Rushmore offers affordable housing with a median home value of $107,200, below the US average of $244,900, and rent that’s lower than the national average at $750/month, and short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($39,205) that falls below the national average. However, Rushmore’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rushmore has a population of 351 with a median age of 32.9 years. Compare Rushmore with other cities to see how it stacks up, or explore all cities in Minnesota.
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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 Rushmore
What is the population of Rushmore, MN?
The population of Rushmore, MN is 351 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 Rushmore?
The median household income in Rushmore, MN is $39,205 per year, which is 48% below the national median of $75,149.
What is the median home value in Rushmore?
The median home value in Rushmore, MN is $107,200, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rushmore?
The median monthly rent in Rushmore, MN is $750, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Rushmore?
The unemployment rate in Rushmore, MN is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Rushmore, MN a good place to live?
Rushmore offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 351 and a median age of 32.9, the city appeals to young professionals and families.
How educated is Rushmore, MN?
8.8% of residents in Rushmore 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 Rushmore?
Key cost-of-living indicators for Rushmore, MN: median home value is $107,200 (56% below national), median rent is $750/month, and median household income is $39,205. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Rushmore?
The poverty rate in Rushmore, MN is 18.8%, 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 Rushmore, MN?
Rushmore's population is 8.8% White, 2.0% Hispanic or Latino, 0.0% Black or African American, 17.7% Asian, and 0.3% two or more races. 19.1% of residents are foreign-born.