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Russell city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, Russell city, Minnesota has a total population of 323, the 591st largest city in Minnesota, with a median household income of $62,143, which is 29% lower than the state average. The poverty rate is 4.6%.

Key Takeaways

Russell city Quick Facts

Population 323
Median Household Income $62,143
Median Home Value $101,700
Poverty Rate 4.6%
Unemployment Rate 6.3%
Median Age 51.4 years
Homeownership Rate 89.1%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 15.2%
High School Graduation Rate 94.7%
Diversity Index 28/100
Population 323 591st of 913
Median Income $62,143 average
Poverty Rate 4.6% 63% lower national
Median Home Value $101,700 bottom 30%

How Russell city Compares

Economy & Housing

Employment

6.3% Unemployment Rate State: 3.9% | National: 5.2%
59.1% Labor Force Participation

Housing Overview

Owner 89.1%
Renter 10.9%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

28out of 100
Low Diversity

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

State average: 40 | National average: 60

Education

Russell city Rankings in Minnesota

#591 Population of 913
#532 Median Income of 913
#612 Education of 913
#693 Home Value of 913

Other Cities in Lyon County

CityPopulationMedian IncomePovertyHome Value
Marshall city 13,880 $64,636 16.9% $198,900
Tracy city 1,869 $60,682 9.5% $110,900
Minneota city 1,531 $72,396 5.6% $158,100
Cottonwood city 1,120 $90,750 8.2% $180,200
Lynd city 570 $79,375 32.9% $170,000
Balaton city 544 $54,091 13.3% $85,000
Ghent city 455 $72,500 7.0% $154,700
Taunton city 140 $46,875 20.0% $74,600
Garvin city 90 $41,000 23.3% $50,000
Florence city 29 $42,500 13.8% $158,300

Cities Similar to Russell city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Geneva city329$63,750$166,10020.9%9.7%
Barrett city322$58,125$94,0009.7%8.5%
Marion CDP308N/A$235,80026.2%9.7%
Emmons city320$57,500$96,70013.7%16.7%
Wilton city326$68,125$152,50017.3%15.5%

Population Overview

Russell city is a small community located in Minnesota, within Lyon County. The total population is 323. It ranks as the 591st most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Russell city is 51.4 years. This is 33% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Russell city is $62,143. This is 29% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 4.6%. This is 50% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 6.3%. This is 60% higher than the state rate of 3.9%. The median home value is $101,700. Housing costs are 67% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.6x, Russell city is one of the most affordable housing markets in the area. 89.1% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 72.4%.

Race & Ethnicity

The largest racial or ethnic group in Russell city is White (non-Hispanic), making up 84.2% of the population. Hispanic or Latino residents account for 5.6%. The Asian population (2.5%) is well below the state average of 5.0%.

Education

15.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% 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 94.7%.

Data Sources & Methodology

All demographic data for Russell 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 Russell city, Minnesota?

Russell city, Minnesota has a population of 323 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Russell city is $62,143, which is 21% lower the national median of $78,538.

What is the poverty rate in Russell city, MN?

The poverty rate in Russell city is 4.6%. This means approximately 15 residents live below the federal poverty line.

What is the racial makeup of Russell city, Minnesota?

Russell city's population is 84.2% White, 0.0% Black, 5.6% Hispanic/Latino, and 2.5% Asian.

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

The median home value in Russell city is $101,700. The home-value-to-income ratio is 1.6x.

How educated is Russell city, Minnesota?

15.2% of adults (25+) in Russell city hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.