Finland, MN demographics:
population, income, and more

Total population
257
16.8% year-over-year change
Median household income
$53,500/yr
3.1% year-over-year change
Housing units
187
5.7% year-over-year change

Finland population

How many people live in Finland

Finland is home to 257 residents, according to the most recent Census data. Gender-wise, 53.7% of Finland locals are male, and 46.3% are female.

Total population
257
16.8% year-over-year change
Gender ratio
Male
53.7%
138
Female
46.3%
119
Value Percent YoY change
Male 138 53.7% 3.0%
Female 119 46.3% 38.4%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Finland is 55, with the population distributed as follows: about 7.8% are children under 15, then 3.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 14.8% of the population, while another 46.7% fall into the 45 to 64 bracket. Finally, around 26.8% are 65 or older.

Median age
54.8
Age breakdown
Under 15
7.8%
15 to 24
3.9%
25 to 44
14.8%
45 to 64
46.7%
Over 65
26.8%
Value Percent YoY change
Under 15 20 7.8% 81.8%
15 to 24 10 3.9% 150.0%
25 to 44 38 14.8% -15.6%
45 to 64 120 46.7% 20.0%
Over 65 69 26.8% 15.0%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Finland, 98.4% of the population are US-born citizens, while 1.6% have gained naturalized citizenship. There’s also a share of 2.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.4%
Non-U.S.-born citizens
1.6%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 253 98.4% 16.1%
Non-U.S.-born citizens 4 1.6% 100.0%
Racial breakdown
White
97.7%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.3%
Other
0%
Value Percent
White 251 97.7%
Two or more races 6 2.3%

Households in Finland

A peek inside Finland households

Finland has 154 households, with an average of 2 members in each. Of these, 55.2% are families, while the remaining 44.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
154
6.9% year-over-year change
Average people per household
2
Non-family households
69
Family households
85
Value Percent YoY change
Non-family households 69 44.8% -13.8%
Family households 85 55.2% 32.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Finland

The housing landscape of Finland

Finland's housing consists of 187 units, with 87.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 10.7% of the housing landscape.

Housing units
187
5.7% year-over-year change
Housing types
Value Percent
1 unit, detached 164 87.7%
1 unit, attached 3 1.6%
Mobile home 20 10.7%
Homes built since 2020
2
% year-over-year change

The age of buildings in Finland

In Finland, the median construction year is 1967. About 24.6% of homes were built before the 1940s, with another 2.7% going up by 1949. Most development happened in the second half of the 20th century. Then, 4.8% of homes were added from 2000 to 2009, 1.1% between 2010 and 2019, and 1.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 46 24.6% 15.0%
Built between 1940 and 1949 5 2.7% -64.3%
Built between 1950 and 1959 35 18.7% 9.4%
Built between 1960 and 1969 11 5.9% 1,000.0%
Built between 1970 and 1979 37 19.8% -22.9%
Built between 1980 and 1989 21 11.2% 31.2%
Built between 1990 and 1999 19 10.2% -5.0%
Built between 2000 and 2009 9 4.8% 50.0%
Built between 2010 and 2019 2 1.1% N/A
Built in 2020 or later 2 1.1% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Finland occupancy rates

Out of the 154 occupied housing units in Finland, 85.7% are owner-occupied, while 14.3% are lived in by tenants. Meanwhile, 17.6% of all homes on the local market sit vacant.

Occupied housing units
154
6.9% year-over-year change
Occupancy breakdown
Renter occupied
22
Owner occupied
132
Value Percent YoY
change
Renter occupied 22 14.3% -43.6%
Owner occupied 132 85.7% 25.7%
Unoccupied housing units
17.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Finland housing costs

Housing costs in Finland come to a median of $684 per month, while tenants specifically pay a median gross rent of $679.

Median housing costs per month
$684/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Finland
$679/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Finland

Finland education at a glance

About 51% of the population in Finland went to high school, while 19.8% pursued college studies. Another 15.2% earned an associate degree and 8% hold a bachelor’s. Meanwhile, 5.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 121 51% -4.0%
College diploma 47 19.8% 34.3%
Associate degree 36 15.2% 38.5%
Bachelor's degree 19 8% 90.0%
Graduate degree 14 5.9% 16.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Finland

How much people earn in Finland

The average annual household income in Finland was $59,312 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +13.3% change from the previous year. At the same time, the median income stood at $53,500, reflecting a +3.1% shift over the same period.

Average household income in Finland
$59,312/year
13.3% year-over-year change
Median household income in Finland
$53,500/year
3.1% year-over-year change

Finland income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $68,125 overall. Overall, 80% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
45 - 64 $68,125 N/A
Over 65 $34,926 9.1%
Above poverty level
204
Below poverty level
51
Value Percent YoY
change
Above poverty level 204 80% 16.6%
Below poverty level 51 20% 13.3%

Employment in Finland

Workforce and job types in Finland

The job market in Finland is powered by 96 working residents, spread across a range of industries and roles. 78.1% of the working population are employed in professional or administrative positions, while 21.9% are in hands-on or service-based jobs. Also, 10.4% run their own businesses, 38.5% are employed by private companies, and 38.5% work in the public sector.

Workforce demographics

Working population
96
20.0% year-over-year change
White collar
75
Blue collar
21
Value Percent YoY change
White collar 75 78.1% 59.6%
Blue collar 21 21.9% -36.4%
Employer type
Self employees
10.4%
Private companies
38.5%
Governmental workers
38.5%
Not for profit companies
12.5%
Value Percent YoY change
Self employees 10 10.4% 150.0%
Private companies 37 38.5% 0.0%
Governmental workers 37 38.5% 19.4%
Not for profit companies 12 12.5% 50.0%
Unemployment rate
10.3%
0.0% year-over-year change

Available workforce

The unemployment rate in Finland stands at 10.3%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Finland

How people get around in Finland

Means of transportation
Value Percent YoY change
Car 78 83% 9.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Finland by zipcode?

Zipcode Population Number of households Median income Average income
55603 490 251 $61,875 $68,591

Explore more communities

FAQs about Finland demographics 

What is the total population of Finland?

Finland has a total population of 257 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +16.8% compared to a year ago.

What is the gender ratio in Finland?

The gender ratio in Finland is as follows:
  • 53.7% males (138 residents)
  • 46.3% females (119 residents)

What is the median age in Finland?

The median age in Finland is 54.8.

What is the age distribution of the population in Finland?

The age distribution in Finland is as follows:
  • Under 15: 7.8% (20 residents)
  • Ages 15-24: 3.9% (10 residents)
  • Ages 25-44: 14.8% (38 residents)
  • Ages 45-64: 46.7% (120 residents)
  • Over 65: 26.8% (69 residents)

What is the racial and ethnic makeup of Finland?

The racial and ethnic makeup of Finland is as follows:
  • White: 97.7% (251 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2.3% (6 residents)
  • Other: 0% (0 residents)

What percentage of the population in Finland are U.S.-born citizens?

U.S.-born citizens represent 98.4% of the population in Finland.

How many housing units are there in Finland?

There are 187 housing units in Finland, reflecting a +5.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Finland and what is the average household size?

Finland has a total of 154 households, with an average of 2 people in each.

What is the median household income in Finland?

Finland has a median household income of $53,500, representing a +3.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Finland?

The employment rate is 89.7% in Finland, with a workforce of 96 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 78.1% (75 residents)
  • Blue-collar workers: 21.9% (21 residents)

Places of employment:
  • Self-employed: 10.4% (10 residents)
  • Private companies: 38.5% (37 residents)
  • Governmental workers: 38.5% (37 residents)
  • Not-for-profit companies: 12.5% (12 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025