The following is a quick look at the Population & Steets in Okbena City, Minnesota. This small town was first settled in 1865. The city grew rapidly over the next two decades, from a mere three people to a thriving business community. The town's name, Okabena, means "in the middle of nowhere".
The population of Okabena is 195 residents strong, and the median home price is $128,100. The area is home to retirees and a large proportion of singles. This data can help determine employment opportunities in the area and identify areas with the highest proportion of retirees. However, the demographics of this small city aren't as clear as they should be, so it's helpful to see where most people live.
The city is about half the size of Minnesota. The majority of residents are white. The rest of the population is made up of people of African, Asian, and Latino descent. The remaining population is comprised of Hispanics, while Hispanics make up 17.8% of the total. However, the census also asks respondents to report their ancestry, which reveals that Okabena residents are of German, Norwegian, and Belgian descent.
Although Okabena is small, it is home to some of the country's wealthiest citizens. Its median property value is $73,300, which is $0.305 times lower than the national average of $240,500. The local homeownership rate is 88.2%, which is significantly higher than the national average of 64.1%. The average income in Okabena, MN is $86,850 for a head, while $48,750 goes to households with two cars.