Rapid River township, Minnesota Housing

Rapid River township, Minnesota has a population of 12, with a median household income of $41,200.

Current housing data for Rapid River township.

$125,000

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Population

12

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Median Income

$41,200

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Unemployment

8.50%

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Housing Price

$125,000

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Crime Rate

0.40

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Internet Speed

10.00 Mbps

Rapid River township is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Rapid River township, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Rapid River township has a population of 12, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Rapid River township is $41,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Rapid River township is about $125,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Rapid River township is 8.50%, slightly above the state average, suggesting moderate employment conditions. Rapid River township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Rapid River township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Rapid River township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Rapid River township

What is the population of Rapid River township?

The population of Rapid River township is approximately 12.

Is Rapid River township a good place to live?

Rapid River township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Rapid River township?

The median household income in Rapid River township is around $41,200.

How expensive is housing in Rapid River township?

The average housing price in Rapid River township is approximately $125,000.