A small town located in Minnesota, Holdingford has a population of just under 1,000. Young adults aged 15-24 should feel right at home, as they make up an above-average 19% of the community, while young professionals account for a smaller percentage of the town. With an average age of just over 37, the town's population skews younger than most cities in Minnesota. Most residents own their homes in Holdingford, and 14% of residents rent. With a relatively low average rent of $606/month in the town, renting remains an affordable option, particularly compared to other cities in Minnesota. Over the course of a year, renters in Holdingford will save around $4,600 compared to the state average.
Averaging about 29 minutes, the commute time for Holdingford residents is slower than the Minnesota average of about 25 minutes. Driving a vehicle is the typical means of commuting to work, chosen by 51% of residents, while public transit is not used. Walking isn't a common way to get to work.
There are plenty of industries from which to choose in Holdingford, the most common five of which are manufacturing, healthcare, retail, construction, and entertainment. Combined, these industries make up 35% of the labor force in the town. Meanwhile, in terms of job function, many residents work in transportation, as 9% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of nearly $76K, Holdingford workers bring in about $5,000 less than the average Minnesota resident. However, Holdingford's average income is fairly average compared to the national level of $73,345. Compared to the national average (5%), Holdingford has a high percentage of residents older than 25 who have an Associate's degree (8%). Further, 7% possess a Bachelor's degree and 2% have earned a Master's or Doctoral degree.
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