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Palisade city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Palisade city, Minnesota has a total population of 135, the 755th largest city in Minnesota, with a median household income of $36,250, which is 59% lower than the state average. The poverty rate is 20.6%.

Key Takeaways

Palisade city Quick Facts

Population 135
Median Household Income $36,250
Median Home Value $87,500
Poverty Rate 20.6%
Unemployment Rate 10.2%
Median Age 61.3 years
Homeownership Rate 94.6%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 6.4%
High School Graduation Rate 93.6%
Diversity Index 22/100
Population 135 755th of 913
Median Income $36,250 bottom 10%
Poverty Rate 20.6% 66% higher national
Median Home Value $87,500 bottom 20%

How Palisade city Compares

Economy & Housing

Employment

10.2% Unemployment Rate State: 3.9% | National: 5.2%
41.5% Labor Force Participation

Housing Overview

Owner 94.6%
Renter 5.4%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Palisade city Rankings in Minnesota

#755 Population of 913
#849 Median Income of 913
#836 Education of 913
#749 Home Value of 913

Other Cities in Aitkin County

CityPopulationMedian IncomePovertyHome Value
Aitkin city 2,217 $45,813 19.1% $172,800
Hill City city 543 $39,583 23.5% $102,900
McGregor city 431 $28,750 25.4% $115,500
Tamarack city 42 $49,375 19.1% $158,300
McGrath city 29 N/A 72.4% N/A

Cities Similar to Palisade city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Merrifield CDP131N/A$229,70039.1%9.2%
Odin city130$35,625$57,5004.9%23.1%
Borup city137$42,386$61,1007.1%21.2%
Ball Club CDP122N/A$218,80020.3%45.1%
Mapleview city122$36,667$71,4002.5%22.9%

Population Overview

Palisade city is a small community located in Minnesota, within Aitkin County. The total population is 135. It ranks as the 755th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Palisade city is 61.3 years. This is 59% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Palisade city is $36,250. This is 59% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 54% lower. The poverty rate stands at 20.6%. This is 124% higher than the state poverty rate of 9.2%. 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 10.2%. This is 160% higher than the state rate of 3.9%. The median home value is $87,500. Housing costs are 71% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.4x, Palisade city is one of the most affordable housing markets in the area. 94.6% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 72.4%.

Race & Ethnicity

Palisade city has a predominantly White (non-Hispanic) population, comprising 86.7% of all residents.

Education

6.4% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 84% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.6%.

Data Sources & Methodology

All demographic data for Palisade city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Palisade city, Minnesota?

Palisade city, Minnesota has a population of 135 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palisade city, MN?

The median household income in Palisade city is $36,250, which is 54% lower the national median of $78,538.

What is the poverty rate in Palisade city, MN?

The poverty rate in Palisade city is 20.6%. This means approximately 27 residents live below the federal poverty line.

What is the racial makeup of Palisade city, Minnesota?

Palisade city's population is 86.7% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palisade city, MN?

The median home value in Palisade city is $87,500. The home-value-to-income ratio is 2.4x.

How educated is Palisade city, Minnesota?

6.4% of adults (25+) in Palisade city hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.