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Palisade, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Palisade, Minnesota had a total population of 148, the 739th largest city in Minnesota, with a median household income of $29,583, which is 67% lower than the state average. The poverty rate is 24.3%.

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

Key Takeaways

Palisade Quick Facts

Population 148
Median Household Income $29,583
Median Home Value $86,700
Poverty Rate 24.3%
Unemployment Rate 7.0%
Median Age 55.8 years
Homeownership Rate 85.9%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 5.8%
High School Graduation Rate 93.4%
Diversity Index 18/100
Population 148 739th of 914
Median Income $29,583 bottom 10%
Poverty Rate 24.3% 95% higher than national
Median Home Value $86,700 bottom 20%

How Palisade 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
Population135148+9.6%
Median household income$36,250$29,583-18.4%
Median home value$87,500$86,700-0.9%

How Palisade Compares

Economy & Housing

Household Income Distribution

Under $25K 45.9%
$25K-$50K 21.2%
$50K-$100K 14.1%
$100K+ 18.8%
Detailed income brackets
Under $10K
11.8%
$10K-$15K
14.1%
$15K-$20K
14.1%
$20K-$25K
5.9%
$25K-$30K
4.7%
$30K-$35K
2.4%
$35K-$40K
5.9%
$40K-$45K
2.4%
$45K-$50K
5.9%
$50K-$60K
2.4%
$60K-$75K
2.4%
$75K-$100K
9.4%
$100K-$125K
17.6%
$125K-$150K
0.0%
$150K-$200K
1.2%
$200K+
0.0%

Employment

7.0% Unemployment Rate State: 4.1%|National: 5.2%
43.9% Labor Force Participation

Housing Overview

Owner 85.9%
Renter 14.1%
Affordability Index Very Affordable
2.9x home value to income ratio

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

Palisade Rankings in Minnesota

#739 Population of 914
#878 Median Income of 887
#850 Education of 914
#784 Home Value of 870

Other Cities in Aitkin County

CityPopulationMedian IncomePovertyHome Value
Aitkin 2,323 $47,978 22.1% $181,300
Hill City 503 $37,396 27.0% $162,000
McGregor 367 $26,250 32.0% $114,300
Tamarack 43 $60,833 23.3% $175,000
McGrath 28 N/A 67.9% $72,500

Cities Similar to Palisade

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brook Park143N/A$104,7005.2%16.8%
Big Falls136$29,063$67,50012.1%11.0%
Longville138$32,917$187,50023.8%23.2%
Ball Club127N/A$206,6002.4%60.6%
Federal Dam142$38,393$123,10011.0%10.6%

A note before these figures: with a population of 148, Palisade's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Palisade is a small community located in Minnesota, within Aitkin County. The total population is 148. It ranks as the 739th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Palisade is 55.8 years. This is 44% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Palisade is $29,583. This is 67% lower than the state median of $89,062. It is also 63% lower than the national median of $80,734. The poverty rate stands at 24.3%. This is 161% 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 7.0%. This is 73% higher than the state rate of 4.1%. The median home value is $86,700. Housing costs are 74% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.9x, Palisade is one of the most affordable housing markets in the area. 85.9% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 72.2%.

Race & Ethnicity

Palisade has a predominantly White (non-Hispanic) population, comprising 89.9% of all residents.

Education

5.8% 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 85% 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 93.4%.

Data Sources & Methodology

All demographic data for Palisade, 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 Palisade, Minnesota?

Palisade, Minnesota has a population of 148 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palisade, MN?

The median household income in Palisade is $29,583, which is 63% lower than the national median of $80,734.

What is the poverty rate in Palisade, MN?

The poverty rate in Palisade is 24.3%. This means approximately 35 residents live below the federal poverty line.

What is the racial makeup of Palisade, Minnesota?

Palisade's population is 89.9% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palisade, MN?

The median home value in Palisade is $86,700. The home-value-to-income ratio is 2.9x.

How educated is Palisade, Minnesota?

5.8% of adults (25+) in Palisade hold a bachelor's degree or higher, and 0.8% hold a graduate or professional degree.