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Babbitt, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

During the 2020–2024 ACS period, Babbitt, Minnesota had a total population of 1,393, the 310th largest city in Minnesota, with a median household income of $55,875, which is 37% lower than the state average. The poverty rate is 10.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Babbitt Quick Facts

Population 1,393
Median Household Income $55,875
Median Home Value $102,300
Poverty Rate 10.5%
Unemployment Rate 4.8%
Median Age 54.4 years
Homeownership Rate 87.4%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 16.9%
High School Graduation Rate 91.9%
Diversity Index 12/100
Population 1,393 310th of 914
Median Income $55,875 bottom 30%
Poverty Rate 10.5% 15% lower than national
Median Home Value $102,300 bottom 20%

How Babbitt Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,4201,393-1.9%
Median household income$54,318$55,875+2.9%
Median home value$96,000$102,300+6.6%

How Babbitt Compares

Economy & Housing

Household Income Distribution

Under $25K 18.9%
$25K-$50K 25.2%
$50K-$100K 28.7%
$100K+ 27.2%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
4.2%
$15K-$20K
1.4%
$20K-$25K
7.5%
$25K-$30K
2.1%
$30K-$35K
8.9%
$35K-$40K
7.2%
$40K-$45K
2.6%
$45K-$50K
4.3%
$50K-$60K
8.3%
$60K-$75K
14.8%
$75K-$100K
5.7%
$100K-$125K
12.8%
$125K-$150K
6.6%
$150K-$200K
5.1%
$200K+
2.8%

Employment

4.8% Unemployment Rate State: 4.1%|National: 5.2%
54.1% Labor Force Participation

Housing Overview

Owner 87.4%
Renter 12.6%
Affordability Index Very Affordable
1.8x home value to income ratio
Median gross rent $737/mo 15.8% of median household income annually

People & Demographics

Diversity Index

12out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Babbitt Rankings in Minnesota

#310 Population of 914
#683 Median Income of 887
#577 Education of 914
#724 Home Value of 870

Other Cities in St. Louis County

CityPopulationMedian IncomePovertyHome Value
Duluth 87,093 $68,807 16.8% $242,700
Hibbing 16,057 $55,789 16.2% $130,200
Hermantown 10,218 $90,849 5.4% $382,300
Virginia 8,332 $51,720 18.0% $120,600
Chisholm 4,712 $50,891 14.0% $109,200
Rice Lake 4,153 $89,663 7.2% $309,600
Eveleth 3,448 $50,725 14.8% $97,600
Ely 3,240 $43,901 13.9% $157,300
Proctor 3,100 $67,377 5.8% $224,700
Mountain Iron 2,860 $83,293 11.5% $192,800

Cities Similar to Babbitt

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
New York Mills1,371$56,875$166,30016.8%15.8%
Fosston1,374$52,500$151,70020.7%25.6%
Pierz1,424$52,500$170,60018.1%10.0%
Menahga1,343$58,036$155,50026.1%10.1%
Dassel1,358$59,946$236,80023.0%13.3%

Population Overview

Babbitt is a small community located in Minnesota, within St. Louis County. The total population is 1,393. It ranks as the 310th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Babbitt is 54.4 years. This is 40% higher than the state median of 38.8 years. 13.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Babbitt is $55,875. This is 37% lower than the state median of $89,062. It is also 31% lower than the national median of $80,734. The poverty rate stands at 10.5%. This is 13% higher than the state poverty rate of 9.3%. The unemployment rate is 4.8%. This is 18% higher than the state rate of 4.1%. The median home value is $102,300. Housing costs are 69% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.8x, Babbitt is one of the most affordable housing markets in the area. 87.4% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 72.2%.

Race & Ethnicity

Babbitt has a predominantly White (non-Hispanic) population, comprising 93.9% of all residents. Hispanic or Latino residents account for 4.8%. The Asian population (0.3%) is well below the state average of 5.1%.

Education

16.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%.

Data Sources & Methodology

All demographic data for Babbitt, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Babbitt, Minnesota?

Babbitt, Minnesota has a population of 1,393 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Babbitt, MN?

The median household income in Babbitt is $55,875, which is 31% lower than the national median of $80,734.

What is the poverty rate in Babbitt, MN?

The poverty rate in Babbitt is 10.5%. This means approximately 142 residents live below the federal poverty line.

What is the racial makeup of Babbitt, Minnesota?

Babbitt's population is 93.9% White, 0.0% Black, 4.8% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Babbitt, MN?

The median home value in Babbitt is $102,300. The home-value-to-income ratio is 1.8x.

How educated is Babbitt, Minnesota?

16.9% of adults (25+) in Babbitt hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.