Alvarado, MN
317Residents
$66,964Median household income
$1,075/moMedian gross rent
$133,300Median home value
31.7Median age
21%Adults with a bachelor’s degree or higher
71%Homes lived in by their owners
2.0×Home value to household income
Median rent takes about 19% of the median household income in Alvarado.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $43,000 a year. In Minnesota that leaves roughly $2,817 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.