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Breckenridge, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Breckenridge, Minnesota had a total population of 3,349, the 203rd largest city in Minnesota, with a median household income of $58,963, which is 34% lower than the state average. The poverty rate is 22.2%.

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

Key Takeaways

Breckenridge Quick Facts

Population 3,349
Median Household Income $58,963
Median Home Value $144,500
Poverty Rate 22.2%
Unemployment Rate 6.8%
Median Age 40.5 years
Homeownership Rate 69.2%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 22.6%
High School Graduation Rate 91.3%
Diversity Index 18/100
Population 3,349 203rd of 914
Median Income $58,963 below average
Poverty Rate 22.2% 78% higher than national
Median Home Value $144,500 below average

How Breckenridge 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
Population3,3693,349-0.6%
Median household income$57,344$58,963+2.8%
Median home value$142,000$144,500+1.8%

How Breckenridge Compares

Economy & Housing

Household Income Distribution

Under $25K 23.3%
$25K-$50K 21.1%
$50K-$100K 28.5%
$100K+ 27.1%
Detailed income brackets
Under $10K
7.0%
$10K-$15K
4.0%
$15K-$20K
6.0%
$20K-$25K
6.3%
$25K-$30K
2.4%
$30K-$35K
4.3%
$35K-$40K
3.5%
$40K-$45K
7.4%
$45K-$50K
3.4%
$50K-$60K
7.0%
$60K-$75K
12.7%
$75K-$100K
8.8%
$100K-$125K
12.3%
$125K-$150K
6.0%
$150K-$200K
6.8%
$200K+
2.0%

Employment

6.8% Unemployment Rate State: 4.1%|National: 5.2%
62.6% Labor Force Participation

Housing Overview

Owner 69.2%
Renter 30.8%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $515/mo 10.5% of median household income annually

People & Demographics

Diversity Index

18out 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

Breckenridge Rankings in Minnesota

#203 Population of 914
#625 Median Income of 887
#380 Education of 914
#564 Home Value of 870

Other Cities in Wilkin County

CityPopulationMedian IncomePovertyHome Value
Campbell 245 $79,313 2.5% $107,300
Wolverton 145 $68,125 2.1% $87,500
Foxhome 110 $78,125 16.4% $86,300
Kent 70 $39,286 1.4% $103,300
Nashua 21 $11,250 71.4% N/A
Doran 12 N/A 0.0% N/A

Cities Similar to Breckenridge

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Rush City3,295$58,760$233,1007.9%13.3%
Annandale3,399$65,583$251,80023.4%8.9%
Benson3,441$52,821$156,00031.4%9.8%
Sleepy Eye3,444$66,911$147,60019.1%7.8%
Pine City3,468$52,056$186,90017.9%12.4%

Population Overview

Breckenridge is a small community located in Minnesota, within Wilkin County. The total population is 3,349. It ranks as the 203rd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Breckenridge is 40.5 years. This is 4% higher than the state median of 38.8 years. 10.7% 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 Breckenridge is $58,963. This is 34% lower than the state median of $89,062. It is also 27% lower than the national median of $80,734. The poverty rate stands at 22.2%. This is 139% higher than the state poverty rate of 9.3%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.8%. This is 67% higher than the state rate of 4.1%. The median home value is $144,500. Housing costs are 56% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.5x, Breckenridge is one of the most affordable housing markets in the area. 69.2% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 72.2%.

Race & Ethnicity

Breckenridge has a predominantly White (non-Hispanic) population, comprising 90.6% of all residents. Hispanic or Latino residents account for 1.6%. The Black or African American population (0.6%) is well below the state average of 7.0%. The Hispanic or Latino population (1.6%) is well below the state average of 6.4%.

Education

22.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% 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 91.3%.

Data Sources & Methodology

All demographic data for Breckenridge, 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 Breckenridge, Minnesota?

Breckenridge, Minnesota has a population of 3,349 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Breckenridge, MN?

The median household income in Breckenridge is $58,963, which is 27% lower than the national median of $80,734.

What is the poverty rate in Breckenridge, MN?

The poverty rate in Breckenridge is 22.2%. This means approximately 719 residents live below the federal poverty line.

What is the racial makeup of Breckenridge, Minnesota?

Breckenridge's population is 90.6% White, 0.6% Black, 1.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Breckenridge, MN?

The median home value in Breckenridge is $144,500. The home-value-to-income ratio is 2.5x.

How educated is Breckenridge, Minnesota?

22.6% of adults (25+) in Breckenridge hold a bachelor's degree or higher, and 5.5% hold a graduate or professional degree.