Holyoke, Minnesota.
Typical home $245,064 (+7.0% in a year). Duluth, MN-WI metro.
to buy the typical home at today's mortgage rate — +$711 (+124%) since Jan 2020.
- 1 year
- Up $16,052 +7%
- $229,012$245,064 since Sep 2025
- 5 years
- Up $42,630 +21%
- $202,434$245,064 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.
- Holyoke$1,286
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in Holyoke, MN rose 7.0% over the past year — faster than the nation's +1.2%.
Living in Holyoke, Carlton County, Minnesota
Holyoke is a township of 209 people in Carlton County. 92% of its homes are lived in by their owners and 8% are rented. Unemployment in Carlton County was 5.2% in August 2026, and the county had 1.2% fewer jobs in 2025 than the year before. The most people in Carlton County 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 It can be wrong or out of date.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. Holyoke is a very small township in Carlton County, Minnesota, where nearly everyone owns the home they live in and renters are rare. Poverty is lower here than in many places, and the typical home is worth a little more than a first-time buyer in much of northern Minnesota might expect. Winters are long and cold, with January highs staying well below freezing and nights dipping to around zero, while July brings pleasantly warm days.
Work. Residents work mostly in schools, hospitals and social care, with others in shops, manufacturing and government. Across Carlton County, some of the largest workplaces are MSOP Moose Lake, USG and Carlton County itself. Fewer adults here hold a four-year degree than is typical nationally, commutes tend to be long, and few people work from home. Across Carlton County, unemployment has crept up over the past year and the number of jobs has slipped slightly.
Things to do. Little Net River, Net River and the Blackhoof River are all a short drive away, and Nemadji State Forest, a protected area, is close by too. For a longer outing, Jay Cooke State Park is a longer drive away, along with the Saint Louis River, which is among the best known waters in the region.
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- 17%of adults have a degree
- 7%below the poverty line
- 39 mintypical commute
- 5%work from home
What people in Carlton County work in
Employed residents by industry, from the Census survey. Carlton County had 13,111 jobs in 2025, 1.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 20° and lows near 0°; warmest in July, with highs near 78° and lows near 54°.
Average daily high and low, 1991–2020, at the Foxboro weather station, 3 miles away (NOAA).
Largest workplaces in Carlton County
- MSOP Moose LakeMental health facilities, residential415
- USGCeiling tile405
- Carlton CountyExecutive and legislative office combinations370
- Cloquet Public School DistrictSchool district370FTE
- Community Memorial HospitalCritical access hospital343FTE
- Upper Lakes Foods CLPrivate warehousing and storage, refrigerated272
- Inter-Faith Care CenterNursing homes140
- Essentia Health Moose LakeCritical access hospital134FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 45 workplaces with 20 or more staff, 4,577 people in all across the county; Holyoke has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); 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
- Cold wavesRelatively high
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Carlton County, against the rest of the country; all of them together, relatively low. 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 Carlton County and the Duluth, MN-WI metro.
Holyoke home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Holyoke$245,064
- Minnesota$348,778
- United States$366,157
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.
Zip codes with a Holyoke address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Holyoke — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.