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AREA INFORMATION

Babbitt, MN

Explore the real estate in Babbitt, MN

Area Highlights

Babbitt, MN residents have a median age of 55.1 years old, with employment highest in the construction and installation, maintenance, repair industries.

1,387 Population

689 Households

$46,018 /yr
Median Household Income

$109,250
Median Home Sale Price

31m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

55.1 Median Age

Average Household Size

1.9
persons per
household

44%

Married Households

Community Population By Education

Some College 25%
High School Graduate 25%
Associates Degree 21%
Bachelors Degree 13%
Some High School 8%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 25.3% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
15.5% of households have children

Area Schools

7-12
1 MILES
A-
Northeast Range Secondary School
PK-6
1 MILES
C
Babbit Elementary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$46,018 /yr
Median Household Income
$109,250
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.3% of the households.

Transportation to Work

  • Drive 90%
  • Work from Home 5%
  • Walk or Bike 5%
  • Public Transit 1%

Occupancy by Type

Owned 567 70%
Vacant 126 15%
Rented 122 15%

White vs Blue Collar Jobs







White Collar 52%
Blue Collar 48%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 55.1 years old. The smallest percentage group is 55-64 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 94%
Hispanic <1%
Native American <1%
Black <1%
Other <1%
Asian <1%
The most prevalent ethnicity is White at 94%, followed by Hispanic at <1%, Native American at <1%, and Black at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

78° July
Hottest Average Month
-7° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
-7°
16°
Feb
-2°
23°
Mar
11°
35°
Apr
26°
51°
May
38°
65°
Jun
47°
73°
Jul
52°
78°
Aug
50°
75°
Sep
42°
65°
Oct
31°
52°
Nov
17°
34°
Dec
1°
21°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$12,000
For sale

26 Mulberry Lane
Babbitt, MN 55706

$12,000
For sale

24 Mulberry Lane
Babbitt, MN 55706

$16,000
For sale
0.5 acres

13 Mulberry Lane
Babbitt, MN 55706

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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