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Park Rapids, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Park Rapids, Minnesota had a total population of 4,270, the 170th largest city in Minnesota, with a median household income of $44,747, which is 50% lower than the state average. The poverty rate is 21.2%.

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

Key Takeaways

Park Rapids Quick Facts

Population 4,270
Median Household Income $44,747
Median Home Value $227,500
Poverty Rate 21.2%
Unemployment Rate 8.0%
Median Age 45.8 years
Homeownership Rate 54.6%
Affordability Ratio 5.1x
Bachelor's Degree or Higher 22.0%
High School Graduation Rate 89.3%
Diversity Index 21/100
Population 4,270 170th of 914
Median Income $44,747 bottom 10%
Poverty Rate 21.2% 70% higher than national
Median Home Value $227,500 above average

How Park Rapids 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
Population4,2264,270+1.0%
Median household income$45,800$44,747-2.3%
Median home value$218,500$227,500+4.1%

How Park Rapids Compares

Economy & Housing

Household Income Distribution

Under $25K 32.0%
$25K-$50K 20.9%
$50K-$100K 28.2%
$100K+ 18.8%
Detailed income brackets
Under $10K
11.6%
$10K-$15K
8.7%
$15K-$20K
3.3%
$20K-$25K
8.5%
$25K-$30K
4.2%
$30K-$35K
3.8%
$35K-$40K
3.8%
$40K-$45K
6.7%
$45K-$50K
2.5%
$50K-$60K
6.6%
$60K-$75K
15.1%
$75K-$100K
6.5%
$100K-$125K
4.9%
$125K-$150K
4.9%
$150K-$200K
5.8%
$200K+
3.2%

Employment

8.0% Unemployment Rate State: 4.1%|National: 5.2%
57.7% Labor Force Participation

Housing Overview

Owner 54.6%
Renter 45.4%
Affordability Index Expensive
5.1x home value to income ratio
Median gross rent $825/mo 22.1% of median household income annually

People & Demographics

Diversity Index

21out 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

Park Rapids Rankings in Minnesota

#170 Population of 914
#812 Median Income of 887
#397 Education of 914
#306 Home Value of 870

Other Cities in Hubbard County

CityPopulationMedian IncomePovertyHome Value
Nevis 496 $60,268 7.9% $182,000
Akeley 289 $44,000 14.2% $110,500
Lake George 204 $84,167 6.9% $245,500
Laporte 71 $44,375 35.2% $159,400
Hubbard 53 N/A 17.0% N/A

Cities Similar to Park Rapids

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wadena4,419$56,080$160,80017.6%17.7%
Chisholm4,712$50,891$109,20016.6%14.0%
Mora3,732$52,535$171,80016.7%16.6%
Perham3,627$49,716$199,00030.0%19.1%
Pipestone4,129$67,568$114,10025.4%13.1%

Population Overview

Park Rapids is a small community located in Minnesota, within Hubbard County. The total population is 4,270. It ranks as the 170th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Park Rapids is 45.8 years. This is 18% higher than the state median of 38.8 years. 13.4% 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 Park Rapids is $44,747. This is 50% lower than the state median of $89,062. It is also 45% lower than the national median of $80,734. The poverty rate stands at 21.2%. This is 128% 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 8.0%. This is 98% higher than the state rate of 4.1%. The median home value is $227,500. Housing costs are 31% lower than the state median of $329,300. The home-value-to-income ratio is 5.1x. 54.6% of occupied housing units are owner-occupied. This homeownership rate is 24% lower than the state average of 72.2%.

Race & Ethnicity

Park Rapids has a predominantly White (non-Hispanic) population, comprising 88.8% of all residents. Hispanic or Latino residents account for 1.8%. The Black or African American population (0.7%) is well below the state average of 7.0%. The Hispanic or Latino population (1.8%) is well below the state average of 6.4%.

Education

22.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% 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 89.3%.

Data Sources & Methodology

All demographic data for Park Rapids, 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 Park Rapids, Minnesota?

Park Rapids, Minnesota has a population of 4,270 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Park Rapids, MN?

The median household income in Park Rapids is $44,747, which is 45% lower than the national median of $80,734.

What is the poverty rate in Park Rapids, MN?

The poverty rate in Park Rapids is 21.2%. This means approximately 869 residents live below the federal poverty line.

What is the racial makeup of Park Rapids, Minnesota?

Park Rapids's population is 88.8% White, 0.7% Black, 1.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Park Rapids, MN?

The median home value in Park Rapids is $227,500. The home-value-to-income ratio is 5.1x.

How educated is Park Rapids, Minnesota?

22.0% of adults (25+) in Park Rapids hold a bachelor's degree or higher, and 5.1% hold a graduate or professional degree.