Warsaw, MN
Population 690 · Minnesota
About Warsaw, MN
Warsaw is a small community located in Minnesota with a population of 690 residents according to the latest US Census Bureau American Community Survey data. The median household income is $115,313 per year, which is 53% above the national median of $75,149. The median age of 42.6 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 Warsaw features a median home value of $255,000, which is 4% above the national median of $244,900. This positions Warsaw in a moderately priced market relative to the rest of the country. Median monthly rent is $1,188, 2% above the national average of $1,163/month. Of the 324 total housing units, 93% are owner-occupied (243 units) and 7% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Warsaw shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Warsaw have an average one-way commute time of 31 minutes.
Education & Demographics
25.7% of Warsaw residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 4.8% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.3% of the population being foreign-born.
Cost of Living in Warsaw, MN
Compared to national averages, Warsaw has a median household income of $115,313 (53% above the national median of $75,149). Home values average $255,000, which is 4% above the national median. Monthly rent at $1,188 is 2% above the US average of $1,163. Within Minnesota, Warsaw's income is 55% above the state average of $74,221, and home values are 25% above the state median of $204,472.
Why Live in Warsaw, MN?
Warsaw offers a strong local economy with a median household income of $115,313, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a low poverty rate of 4.8%, better than the national average.
Warsaw has a population of 690 with a median age of 42.6 years. Compare Warsaw with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Warsaw
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bovey | 690 | $67,500 | $103,400 | Compare |
| Greenbush | 685 | $58,438 | $131,700 | Compare |
| Stockton | 684 | $83,438 | $229,000 | Compare |
| Clarks Grove | 683 | $69,792 | $132,800 | Compare |
| Lake Benton | 698 | $52,000 | $91,900 | Compare |
| Clarissa | 700 | $45,500 | $104,000 | Compare |
| Hokah | 673 | $60,313 | $184,900 | Compare |
| Hoffman | 708 | $47,000 | $127,700 | 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.
Compare Warsaw With Other Cities
Frequently Asked Questions about Warsaw
What is the population of Warsaw, MN?
The population of Warsaw, MN is 690 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 Warsaw?
The median household income in Warsaw, MN is $115,313 per year, which is 53% above the national median of $75,149.
What is the median home value in Warsaw?
The median home value in Warsaw, MN is $255,000, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Warsaw?
The median monthly rent in Warsaw, MN is $1,188, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Warsaw?
The unemployment rate in Warsaw, MN is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Warsaw, MN a good place to live?
Warsaw offers above-average incomes, a competitive housing market, and a strong job market. With a population of 690 and a median age of 42.6, the city appeals to a broad range of residents.
How educated is Warsaw, MN?
25.7% of residents in Warsaw 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 Warsaw?
Key cost-of-living indicators for Warsaw, MN: median home value is $255,000 (4% above national), median rent is $1,188/month, and median household income is $115,313. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Warsaw?
The poverty rate in Warsaw, MN is 4.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Warsaw, MN?
Warsaw's population is 4.8% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.3% of residents are foreign-born.