Aitkin, Minnesota.
Typical home $196,963 (+3.7% in a year).
to buy the typical home at today's mortgage rate — +$573 (+124%) since Jan 2020.
- 1 year
- Up $7,080 +4%
- $189,883$196,963 since Sep 2025
- 5 years
- Up $49,207 +33%
- $147,757$196,963 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Aitkin$1,034
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Aitkin, MN rose 3.7% over the past year — faster than the nation's +1.2%.
Living in Aitkin, Aitkin County, Minnesota
Aitkin is a city of 2,168 people in Aitkin County. Half its households earn more than $47,978 a year and half less, against $60,833 across Aitkin County; 22% of its people live below the poverty line. 59% of its homes are lived in by their owners and 41% are rented. Unemployment in Aitkin County was 6.2% in August 2026, and the county had 1.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Aitkin is a small city in northern Minnesota, with incomes below the county's and a good share of residents living on tight budgets. Most homes are lived in by their owners, though fewer than across many places, and a typical home costs well under what it does in much of the country. Winters are long and cold, with January the coldest month and lows around freezing at best, while July brings pleasantly warm days. Rain and melted snow add up to a moderate amount over the year.
Work. Many residents work in schools, hospitals and social care, followed by shops, restaurants and hotels, and manufacturing. Riverwood Healthcare Center, Aitkin Public School District and Aitkin Health Services are among the largest workplaces in town. Commutes are short, so most people are home quickly after work, and few work from home. Unemployment across Aitkin County has risen a little over the past year, even as the county added a small number of jobs over the most recent year.
Things to do. The Little Willow River and the Rice River are both a short drive away, and a roadside park at Pine-Hickory Lakes is close too. For a longer outing, Mille Lacs Lake is a well-known lake a longer drive off, and Brainerd International Raceway is a race track a longer drive away. An archaeological site, Andy Gibson, lies in or beside town.
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- 969households
- 21%of adults have a degree
- 22%below the poverty line
- 14 mintypical commute
- 7%work from home
What residents work in
Employed residents by industry, from the Census survey. Aitkin County had 4,402 jobs in 2025, 1.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 19° and lows near 0°; warmest in July, with highs near 79° and lows near 56°. About 32 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Aitkin 2E weather station, 2 miles away (NOAA).
Largest workplaces in Aitkin
- Riverwood Healthcare CenterCritical access hospital311FTE
- Aitkin Public School DistrictSchool district174FTE
- Rippleside Elementary SchoolAcademies, elementary or secondary94
- Aitkin Health ServicesNursing homes54
- Atwater Chevrolet GMCAutomobile dealers, new only or new and used38
- Elemet ManufacturingMachine tools, metal cutting, manufacturing21
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 7 workplaces with 20 or more staff, 716 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingVery high
- Cold wavesVery high
- LightningRelatively high
- Strong windRelatively high
- HailRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Aitkin’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Aitkin County.
Aitkin home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Aitkin$196,963
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Aitkin6
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Aitkin address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Aitkin — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.