Welcome, MN
Full City Profile · Minnesota · Martin County County
Welcome, MN
At a Glance
How Welcome Compares to the U.S. Average
Each bar shows Welcome's value as a percentage of the national average (100% = U.S. avg)
Is Welcome a Good Place to Live?
Economy & Jobs
Welcome residents earn a median household income of $55,357 , which is 26% below the national average of $75,149. Per capita income is $24,489. The unemployment rate stands at 8.4% (133% above the U.S. rate of 3.6%). 20.5% of residents live below the poverty line. The area is home to 705 business establishments, including 49 restaurants.
Housing & Cost of Living
The median home value in Welcome is $91,300 , 68% below the national median of $281,900. Zillow estimates the typical home at $218,118. Median rent is $625/month, with 18.8% 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 1952.
Education
13.0% of adults in Welcome hold a bachelor's degree or higher (61% below the national average). 91.0% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Welcome has an average annual temperature of 46°F (8°C). Winters average 15°F in January while summers reach 73°F in July. Annual precipitation totals 33.5 inches.