What is the median home price in Cloquet?

The median home price in Cloquet, Cloquet city, Minnesota is $184,300, which is 35% below the national average of 281,900 ($281,900).

Cloquet, Cloquet city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the Walk Score for Cloquet?

Cloquet, Cloquet city, Minnesota has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 26/100.

What is the median household income in Cloquet?

The median household income in Cloquet, Cloquet city, Minnesota is $59,647, which is 20% below the national average of 74,580 ($74,580).

What is the average rent in Cloquet?

The median rent in Cloquet, Cloquet city, Minnesota is $850 per month. The national average median rent is $1,163/month.

What is the air quality in Cloquet?

Cloquet, Cloquet city, Minnesota has an Air Quality Index (AQI) of 38, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Cloquet?

The population of Cloquet, Cloquet city, Minnesota is approximately 12,559. The homeownership rate is 84.0% (national average: 65.9%).

What are the climate risks in Cloquet?

Cloquet, Cloquet city, Minnesota has an overall climate risk rating of "Relatively Moderate" with a risk score of 77.17. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Cloquet affordable?

Cloquet, Cloquet city, Minnesota has an affordability index of 171, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 14.6¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Cloquet?

The unemployment rate in Cloquet, Cloquet city, Minnesota is 4.9%. The national average unemployment rate is 3.7%. The poverty rate is 16.5% (national average: 12.4%).

Cloquet

Cloquet city, Minnesota

Affordable

About Cloquet

Cloquet, Minnesota, offers a breath of fresh air for those seeking the charm of small-town living without sacrificing modern conveniences. Imagine owning a home for a median value of just $184,300 – a stark contrast to the national average of around $350,000, offering incredible affordability. While the median household income of $59,647 is slightly below the national level, the lower cost of living makes your money go further. Cloquet is known for its welcoming community, where neighbors know each other and the pace of life allows you to truly savor each day. It’s a place where you can find a balance between a relaxed lifestyle and access to the amenities you need.

From an investment perspective, this is a market with significant potential. The housing market is stable, and the area offers a safe environment, making it ideal for families, retirees, and first-time homebuyers. While specific employment figures aren't available, the town has a diverse economic base. Cloquet's affordability and sense of community make it perfect for those seeking a slower pace of life, a close-knit environment, and the opportunity to invest in a market with strong fundamentals.

Cloquet, Minnesota at a Glance

Cloquet is a city in Cloquet city, Minnesota with a population of approximately 12,559. The median home value is $184,300 and the median household income is $59,647. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $850 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.