Soudan, MN
Population 434 · Minnesota
About Soudan, MN
Soudan is a small community located in Minnesota with a population of 434 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,526 per year, which is 26% below the national median of $75,149. The median age of 43.2 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 Soudan features a median home value of $99,400, which is 59% below the national median of $244,900. This makes Soudan 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 260 total housing units, 83% are owner-occupied (171 units) and 17% are renter-occupied (35 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Soudan shows an unemployment rate of 7.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Soudan have an average one-way commute time of 26.2 minutes.
Education & Demographics
17.0% of Soudan 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 4.4% White, 3.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Soudan, MN
Compared to national averages, Soudan has a median household income of $55,526 (26% below the national median of $75,149). Home values average $99,400, which is 59% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Soudan's income is 25% below the state average of $74,221, and home values are 51% below the state median of $204,472.
Why Live in Soudan, MN?
Soudan offers affordable housing with a median home value of $99,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 9.7%, better than the national average.
Potential considerations include median household income ($55,526) that falls below the national average. However, Soudan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Soudan has a population of 434 with a median age of 43.2 years. Compare Soudan 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 Soudan
What is the population of Soudan, MN?
The population of Soudan, MN is 434 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 Soudan?
The median household income in Soudan, MN is $55,526 per year, which is 26% below the national median of $75,149.
What is the median home value in Soudan?
The median home value in Soudan, MN is $99,400, which is 59% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Soudan?
The median monthly rent in Soudan, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Soudan?
The unemployment rate in Soudan, MN is 7.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Soudan, MN a good place to live?
Soudan offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 434 and a median age of 43.2, the city appeals to a broad range of residents.
How educated is Soudan, MN?
17.0% of residents in Soudan 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 Soudan?
Key cost-of-living indicators for Soudan, MN: median home value is $99,400 (59% below national), median rent is $0/month, and median household income is $55,526. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Soudan?
The poverty rate in Soudan, MN is 9.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Soudan, MN?
Soudan's population is 4.4% White, 3.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.