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Graceville, MN 56240 has a population of approximately 1,044 and experiences a population change rate of -6.87%. The population density is 7 / sq mi .
The median household income for Graceville, MN 56240 is $52,679, with 341 households and an average household size of 2.41.
The median value of a home in Graceville, MN 56240 is $127,500 with an appreciation rate of 12.60%. 62.10% of housing in the state is owned while 27.63% is rented.
The cost of living in Graceville, MN 56240 is 79.2 %.
The unemployment rate in Graceville, MN 56240 is 3.70%, and recent job growth is at -4.87%. Future job growth is projected at 5.35%.
The sales tax rate in Graceville, MN 56240 is 6.88%, while the income tax rate is 6.80% .
School expenditures in Graceville, MN 56240 are $16,040, and the school ratio is 10.8:1.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 1.5 degrees. The average rainfall is approximately 24.8 inches per year, with 38.1 inches of snow per year.