Alvarado, MN
Full City Profile · Minnesota · Marshall County County
Alvarado, MN
At a Glance
How Alvarado Compares to the U.S. Average
Each bar shows Alvarado's value as a percentage of the national average (100% = U.S. avg)
Is Alvarado a Good Place to Live?
Economy & Jobs
Alvarado residents earn a median household income of $70,000 , which is 7% below the national average of $75,149. Per capita income is $32,223. The unemployment rate stands at 6.4% (78% above the U.S. rate of 3.6%). 10.8% of residents live below the poverty line. The area is home to 348 business establishments, including 22 restaurants.
Housing & Cost of Living
The median home value in Alvarado is $132,700 , 53% below the national median of $281,900. Zillow estimates the typical home at $171,923. Median rent is $1,208/month, with 32.1% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1973.
Education
25.3% of adults in Alvarado hold a bachelor's degree or higher (25% below the national average). 83.3% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Alvarado has an average annual temperature of 39°F (4°C). Winters average 4°F in January while summers reach 70°F in July. Annual precipitation totals 22.9 inches.