Palisade, Minnesota.
Typical home $259,842 (+3.5% in a year).
to buy the typical home at today's mortgage rate — +$752 (+123%) since Jan 2020.
- 1 year
- Up $8,821 +4%
- $251,021$259,842 since Sep 2025
- 5 years
- Up $47,871 +23%
- $211,970$259,842 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.
- Palisade$1,364
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Palisade, MN rose 3.5% over the past year — faster than the nation's +1.2%.
Living in Palisade, Aitkin County, Minnesota
Palisade is a city of 162 people in Aitkin County. 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 people in Aitkin 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 It can be wrong or out of date.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. Palisade is a very small city in Aitkin County, Minnesota, and life here is quiet and close-knit. Homes cost more than a household earning the county's median income might expect, and few adults hold a four-year degree. Winters are cold, with January the coldest month and highs staying well below freezing, while July brings pleasantly warm days.
Work. Residents work mostly in schools, hospitals and social care, with shops, the building trades, and restaurants, hotels and entertainment also employing many. Some people work from home. Across Aitkin County, the largest workplaces include Riverwood Healthcare Center, Aitkin Public School District and Coborn's. Unemployment across the county has risen a little over the past year, though the county has added jobs.
Things to do. The Willow River is a short drive away, as is Rat Lake, and both suit anyone who likes time by the water. A longer drive brings you to Savanna State Forest, a protected area of woods and trails. Big Sandy Lake, also a longer drive, is a larger lake for fishing and boating.
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- 85households
- 6%of adults have a degree
- 10%work from home
What people in Aitkin County 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 -2°; warmest in July, with highs near 78° and lows near 58°.
Average daily high and low, 1991–2020, at the Sandy Lake Dam Libby weather station, 10 miles away (NOAA).
Largest workplaces in Aitkin County
- Riverwood Healthcare CenterCritical access hospital311FTE
- Aitkin Public School DistrictSchool district174FTE
- Independent School DistrictElementary and secondary schools136
- Coborn's130
- McGregor Savanna PalletsPallet manufacturer, sawmill117
- Mcgregor Public School DistrictSchool district95FTE
- Rippleside Elementary SchoolAcademies, elementary or secondary94
- Floe International332999 all other miscellaneous fabricated metal product manufacturing86
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 16 workplaces with 20 or more staff, 1,462 people in all across the county; Palisade has none of its own. 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
- Cold wavesVery high
- Inland floodingRelatively high
- LightningRelatively high
- Strong windRelatively moderate
- HailRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Palisade’s census tracts, against the rest of the country; all of them together, relatively moderate. 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.
Palisade home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Palisade$259,842
- 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.
- Palisade9
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Palisade address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Palisade — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Palisade
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 56431 | Aitkin | 9,312 | — | $320,295 |
| 56469 | Palisade | 967 | — | $265,862 |