Chisholm, MN Profile: Facts & Data

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Chisholm, Minnesota - Basic Facts

The City of Chisholm had a population of 4,872 as of July 1, 2023.

The primary coordinate point for Chisholm is located at latitude 47.4891 and longitude -92.8838 in St. Louis County. The formal boundaries for the City of Chisholm encompass a land area of 4.48 sq. miles and a water area of 0.26 sq. miles. St. Louis County is in the Central time zone (GMT -6).

The City of Chisholm has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Chisholm 2023 Demographic Data
  2. Growth Rates for Chisholm (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2023 Demographics
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Chisholm, MN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 4,872 (100%)
Population in Households 4,724 (97.0%)
Population in Families 3,366 (69.1%)
Population in Group Quarters1 148 ( 3.0%)
Population Density 1,090
Diversity Index2 22
 
 

INCOME

Median Household Income $47,390
Average Household Income $73,711
% of Income for Mortgage4 13%
Per Capita Income $32,226
Wealth Index5 59
Socioeconomic Status Index6 Low (43.7)
 

HOUSING

Total HU (Housing Units) 2,411 (100%)
Owner Occupied HU 1,578 (65.5%)
Renter Occupied HU 548 (22.7%)
Vacant Housing Units 285 (11.8%)
Median Home Value $99,118
Average Home Value $146,356
Housing Affordability Index3 194
 

HOUSEHOLDS

Total Households 2,126
Average Household Size 2.22
Family Households 1,127
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.62% -0.05%
Households 0.15% 0.06%
Families   0.02%
Median Household Income   3.24%
Per Capita Income   3.51%
Owner Occupied HU   0.35%

Chisholm, MN - Peer Comparisons by Rank and Percentile

The table below compares Chisholm to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 156 83rd
Population Density # 245 73rd
Median Household Income # 859 6th
Housing Affordability Index # 838 92nd
Per Capita Income # 737 19th
Diversity Index # 383 58th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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