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AREA INFORMATION

Tower, MN

Explore the real estate in Tower, MN

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Area Highlights

Tower, MN residents have a median age of 55.6 years old, with employment highest in the sales and administrative support industries.

435 Population

The population has increased by 1.2% since the year 2010.

235 Households

$63,679 /yr
Median Household Income

$110,000
Median Home Sale Price

22m Median Commute Time

Most people in this area drive to work.

Area Map

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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

55.6 Median Age

Average Household Size

1.8
persons per
household

51.5%

Married Households

Community Population By Education

High School Graduate 25%
Some College 23%
Bachelors Degree 20%
Associates Degree 15%
Graduate Degree 14%
Some High School 2%

Household Family Expenses vs National Average

14.9% of households have children

Area Schools

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Economics

$63,679 /yr
Median Household Income
$110,000
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 63%
  • Work from Home 26%
  • Walk or Bike 10%
  • Public Transit 1%

Occupancy by Type

Vacant 215 48%
Owned 204 45%
Rented 31 7%

White vs Blue Collar Jobs







White Collar 62%
Blue Collar 38%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 90%
Native American 5%
Hispanic 2%
Other <1%
Asian <1%
Black <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

78° July
Hottest Average Month
-8° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
-8°
16°
Feb
-3°
23°
Mar
10°
35°
Apr
26°
51°
May
37°
66°
Jun
47°
74°
Jul
52°
78°
Aug
50°
76°
Sep
41°
65°
Oct
31°
52°
Nov
17°
34°
Dec
1°
21°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* 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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