Wilmont, MN
Population 241 · Minnesota
About Wilmont, MN
Wilmont is a small community located in Minnesota with a population of 241 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,000 per year, which is 27% below the national median of $75,149. The median age of 57.3 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 Wilmont features a median home value of $152,500, which is 38% below the national median of $244,900. This positions Wilmont in a moderately priced market relative to the rest of the country. Median monthly rent is $842, 28% below the national average of $1,163/month. Of the 133 total housing units, 82% are owner-occupied (105 units) and 18% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wilmont shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wilmont have an average one-way commute time of 19.2 minutes, one of the shorter commutes in the region.
Education & Demographics
10.2% of Wilmont 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 2.1% White, 4.1% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 2.9% of the population being foreign-born.
Cost of Living in Wilmont, MN
Compared to national averages, Wilmont has a median household income of $55,000 (27% below the national median of $75,149). Home values average $152,500, which is 38% below the national median. Monthly rent at $842 is 28% below the US average of $1,163. Within Minnesota, Wilmont's income is 26% below the state average of $74,221, and home values are 25% below the state median of $204,472.
Why Live in Wilmont, MN?
Wilmont offers affordable housing with a median home value of $152,500, below the US average of $244,900, and rent that’s lower than the national average at $842/month, and a low poverty rate of 5.8%, better than the national average. Additionally, the city features short commute times averaging just 19.2 minutes.
Potential considerations include median household income ($55,000) that falls below the national average. However, Wilmont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wilmont has a population of 241 with a median age of 57.3 years. Compare Wilmont with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Wilmont
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Swanville | 241 | $58,750 | $151,300 | Compare |
| Vergas | 241 | $85,000 | $163,700 | Compare |
| Currie | 242 | $46,250 | $71,500 | Compare |
| Lake George | 245 | $68,500 | $222,500 | Compare |
| Donnelly | 246 | $81,458 | $97,300 | Compare |
| Pemberton | 236 | $54,750 | $155,000 | Compare |
| Villard | 246 | $53,611 | $138,400 | Compare |
| Beaver Creek | 248 | $70,625 | $187,500 | 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 Wilmont With Other Cities
Frequently Asked Questions about Wilmont
What is the population of Wilmont, MN?
The population of Wilmont, MN is 241 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 Wilmont?
The median household income in Wilmont, MN is $55,000 per year, which is 27% below the national median of $75,149.
What is the median home value in Wilmont?
The median home value in Wilmont, MN is $152,500, which is 38% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wilmont?
The median monthly rent in Wilmont, MN is $842, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Wilmont?
The unemployment rate in Wilmont, MN is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wilmont, MN a good place to live?
Wilmont offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 241 and a median age of 57.3, the city appeals to established professionals and retirees.
How educated is Wilmont, MN?
10.2% of residents in Wilmont 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 Wilmont?
Key cost-of-living indicators for Wilmont, MN: median home value is $152,500 (38% below national), median rent is $842/month, and median household income is $55,000. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wilmont?
The poverty rate in Wilmont, MN is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wilmont, MN?
Wilmont's population is 2.1% White, 4.1% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.0% two or more races. 2.9% of residents are foreign-born.