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Finland, MN

Full City Profile · Minnesota · Lake County County

2.8 /5.0
C+ Fair
220 Population 33/sq mi density
$51,875 Median Income $33,556 per capita
$122,600 Home Value $224,269 Zillow
$699 Median Rent 26.1% income on rent
39°F Avg Temperature 249 sunny days/yr
108 Violent Crime/100K 271 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$51,875 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$122,600 home value, $699/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
D
Education
1.9 / 5.0
10.7% bachelor's degree or higher

Finland, MN

At a Glance

Median Income
$51,875
31% below
$33,556 per capita
Home Value
$122,600
57% below
Zillow: $224,269
Median Rent
$699/mo
40% below
26.1% of income on rent
Violent Crime
108/100K
72% below
271/100K property
Bachelor's Degree+
10.7%
68% below
89.3% high school+
Unemployment
5.3%
47% above
0.0% poverty rate
Obesity Rate
34.0%
6% above
13.9% smoking rate
Avg Temperature
39°F
249 sunny days/yr

How Finland Compares to the U.S. Average

Each bar shows Finland's value as a percentage of the national average (100% = U.S. avg)

Income
69%
Home Value
43%
Rent
60%
Poverty
0%
Bachelor's
32%
Unemployment
147%
Crime
28%
Thin vertical line = U.S. national average (100%)

Is Finland a Good Place to Live?

C+
2.8 / 5.0 — Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Finland residents earn a median household income of $51,875 , which is 31% below the national average of $75,149. Per capita income is $33,556. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 378 business establishments, including 71 restaurants.

Housing & Cost of Living

The median home value in Finland is $122,600 , 57% below the national median of $281,900. Zillow estimates the typical home at $224,269. Median rent is $699/month, with 26.1% 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.

Safety & Crime

Finland reports 108 violent crimes per 100,000 residents , which is 72% below the national average of 380/100K. Property crime is 271/100K.

Education

10.7% of adults in Finland hold a bachelor's degree or higher (68% below the national average). 89.3% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Finland has an average annual temperature of 39°F (4°C). Winters average 10°F in January while summers reach 65°F in July. The area gets 249 sunny days per year. Annual precipitation totals 32.5 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population220
Median Age54.9 yrs
Density33/mi²
Male / Female61% / 39%
Foreign Born13.6%
Veterans8.6%

Economy

B+
Median Income$51,875
Per Capita$33,556
Unemployment5.3%
Poverty0.0%
County GDP$565M
Avg Weekly Wage$1,047

Housing

A+
Home Value$122,600
Rent$699
Ownership72.9%
Zillow$224,269
Housing Units167
Rent Burden26.1%

Crime

F
Violent108/100K
Property271/100K

Health

Obesity34.0%
Diabetes7.9%
Smoking13.9%
Heart Disease4.9%
Premature Death4,750/100K

Climate

Avg Temp39°F
Sunny Days249/yr
Rain32.5 in/yr
AQI36 (Good)
Elevation1,473 ft

Education

D
Bachelor's+10.7%
High School+89.3%
Graduate+4.7%
School Score6.0/10

Community

2024 VoteR 47% / D 51%
Commute26 min
Broadband56.9%
Internet Speed80 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Finland was built in 1973.
The nearest airport is Duluth International (60 miles).
The Gini coefficient (income inequality) is 0.397 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
28.2% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 1 fatal vehicle crashes.