Federal Dam, MN
Full City Profile · Minnesota · Hubbard County County
Federal Dam, MN
At a Glance
How Federal Dam Compares to the U.S. Average
Each bar shows Federal Dam's value as a percentage of the national average (100% = U.S. avg)
Is Federal Dam a Good Place to Live?
Economy & Jobs
Federal Dam residents earn a median household income of $48,750 , which is 35% below the national average of $75,149. Per capita income is $27,039. The unemployment rate stands at 5.9% (64% above the U.S. rate of 3.6%). 12.5% of residents live below the poverty line. The area is home to 684 business establishments, including 82 restaurants.
Housing & Cost of Living
The median home value in Federal Dam is $141,700 , 50% below the national median of $281,900. Zillow estimates the typical home at $266,897. Median rent is $1,125/month, with 36.0% 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 2001.
Education
6.1% of adults in Federal Dam hold a bachelor's degree or higher (82% below the national average). 88.8% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Federal Dam has an average annual temperature of 41°F (5°C). Winters average 8°F in January while summers reach 69°F in July. Annual precipitation totals 26.6 inches.