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Palisade, MN
Full City Profile · Minnesota · Aitkin County County
2.7
/5.0
C+
Fair
135
Population
199/sq mi density
$36,250
Median Income
$27,837 per capita
$87,500
Home Value
$243,163 Zillow
41°F
Avg Temperature
253 sunny days/yr
254
Violent Crime/100K
4,191 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$36,250 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$87,500 home value, /mo rent
F
Safety
1.0 / 5.0
254 violent crimes/100K
D
Education
1.5 / 5.0
6.4% bachelor's degree or higher
Housing Overview
Median Home Value
$87,500
69% below
US avg: $281,900
Homeownership Rate
94.6%
45% above US avg (65.4%)
Total Housing Units
81
Median year built: 1948
Home Value by Source
Census Median
$87,500
Zillow (ZHVI)
$243,163
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.6%
Owner-Occupied
5.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
94.6%
Complete Housing Data
Home Values
| Census Median Value | $87,500 |
| Zillow Home Value (ZHVI) | $243,163 |
Rent
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 94.6% |
| Renter-Occupied | 5.4% |
| Homeownership Rate | 94.6% |
| Total Housing Units | 81 |
| Median Year Built | 1948 |
| Rent Burden | 22.5% |