Tower, MN
Population 427 · Minnesota
About Tower, MN
Tower is a small community in Minnesota with a population of 427 residents. The median household income is $60,156 per year, which is near the national average. The median age in Tower is 49.2 years.
Housing in Tower has a median home value of $113,600 and median monthly rent of $565. Of the 260 total housing units, the majority are owner-occupied, with 150 owner-occupied and 33 renter-occupied units.
The unemployment rate in Tower is 8.8% and the poverty rate is 8.8%. 15.8% of residents hold a bachelor's degree or higher. The average commute time is 23.1 minutes.
How Tower Ranks in Minnesota
Cost of Living in Tower, MN
Compared to national averages, Tower has a median household income of $60,156 (20% below the national median of $75,149). Home values average $113,600, which is 54% below the national median. Monthly rent at $565 is 51% below the US average of $1,163. Within Minnesota, Tower's income is 19% below the state average of $74,221, and home values are 44% below the state median of $204,472.
Why Live in Tower, MN?
Tower offers affordable housing with a median home value of $113,600, below the US average of $244,900, and rent that’s lower than the national average at $565/month, and a low poverty rate of 8.8%, better than the national average. Additionally, the city features short commute times averaging just 23.1 minutes.
Potential considerations include median household income ($60,156) that falls below the national average. However, Tower’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tower has a population of 427 with a median age of 49.2 years. Compare Tower 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 Tower
What is the population of Tower, MN?
The population of Tower, MN is 427 according to the latest Census data.
What is the median household income in Tower?
The median household income in Tower, MN is $60,156 per year.
What is the median home value in Tower?
The median home value in Tower, MN is $113,600.
What is the average rent in Tower?
The median monthly rent in Tower, MN is $565.
What is the unemployment rate in Tower?
The unemployment rate in Tower, MN is 8.8%.