C

Palisade, MN

Source:

Affordability Score: 56/100

Population: 998 · 1 ZIP codes

The affordability dashboard for Palisade, MN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 998 residents, then layers in county-level federal data to produce an overall grade of C (56/100). The headline inputs are median household income of $66,042, median home value of $223,100, median rent of $850 per month, and 15.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $973 per month (studio $737, 1BR $742, 3BR $1,353, 4BR $1,471). Department of Labor data lists infant center-based childcare at $9,100 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Palisade, MN include rent. Pressure points are education. Unemployment currently reads 6.3% and poverty 10.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$66,042
Median household income
Education F
15.1%
Bachelor's degree or higher
Housing C-
3.4x
Home value $223,100 vs income
Commute N/A
N/A
Average commute time
Rent A-
$973/mo
2BR fair market rent (18% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C
$9,100/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$66,042
▲ 7% vs national
Per Capita Income
$40,545
Unemployment Rate
6.3%
Poverty Rate
10.5%

Housing

Median Home Value
$223,100
▼ 19% vs national
Median Rent
$850/mo
Owner Occupied
94.4%
2BR Fair Market Rent
$973/mo
▼ 19% vs national

Fair Market Rents by Bedroom

Studio
$737
1BR
$742
2BR
$973
3BR
$1,353
4BR
$1,471

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
15.1%
▼ 15 ppt vs national
High School+
51.2%
Median Age
59.1
Avg. Commute

Childcare Costs

Infant (Center)
$9,100/yr
14% of income
Toddler (Center)
$8,372/yr
Preschool (Center)
$7,644/yr
School-Age (Center)
$5,692/yr

What This Means

Palisade, MN receives an overall affordability grade of C (56/100), aggregated from 1 ZIP codes with a total population of 998. This area performs well in rent. Challenges include education. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Palisade, MN affordable?
Palisade, MN receives an overall affordability grade of C (56/100) based on Census, HUD, FBI, and DOL data. Median household income is $66,042. Median home value is $223,100.
What is the cost of living in Palisade?
Key cost metrics: Median rent $850/mo. 2BR fair market rent $973/mo. Infant childcare $9,100/yr. Median home value $223,100.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →