Population 515 · Census ACS 2020–24
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Population and households in Larsmont
Household size in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 2.10 | 2.52 | 2.68 |
| 2010–14 | 2.31 | 2.54 | 2.73 |
| 2015–19 | 2.33 | 2.55 | 2.71 |
| 2020–24 | 2.53 | 2.52 | 2.65 |
| Change | +0.43 | +0.00 | −0.03 |
Households in Larsmont run a little small, averaging 2.53 people against 2.65 nationally, which usually means more singles and couples and fewer children. The picture is much the same across Minnesota. Household size has climbed from 2.10 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 49.0 | 37.9 | 37.7 |
| 2010–14 | 50.7 | 38.9 | 38.6 |
| 2015–19 | 47.6 | 39.6 | 39.6 |
| 2020–24 | 43.8 | 40.0 | 40.1 |
| Change | −5.2 | +2.1 | +2.3 |
The median resident of Larsmont is 43.8 years old, older than the national median of 40.1.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 2.8% | 9.9% | 12.3% |
| 2010–14 | 2.4% | 10.2% | 12.3% |
| 2015–19 | 2.2% | 9.7% | 11.6% |
| 2020–24 | 3.3% | 9.6% | 11.6% |
| Change | +0.5 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in Larsmont: 3.3% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Larsmont
Renters in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 11.8% | 25.8% | 33.3% |
| 2010–14 | 2.4% | 27.9% | 35.6% |
| 2015–19 | 1.2% | 28.4% | 36.0% |
| 2020–24 | 14.0% | 27.8% | 34.8% |
| Change | +2.1 pts | +2.0 pts | +1.5 pts |
Only 14.0% of households in Larsmont rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 45.9% have no mortgage at all, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 30.0% | 9.2% | 11.4% |
| 2010–14 | 19.5% | 9.0% | 11.4% |
| 2015–19 | 27.7% | 8.7% | 11.1% |
| 2020–24 | 17.5% | 8.3% | 9.6% |
| Change | −12.4 pts | −0.9 pts | −1.8 pts |
Vacant homes make up 17.5% of the housing in Larsmont, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 1975 | 1973 | 1974 |
| 2010–14 | 1976 | 1974 | 1975 |
| 2015–19 | 1977 | 1975 | 1977 |
| 2020–24 | 1977 | 1978 | 1980 |
| Change | +3 | +5 | +6 |
Homes in Larsmont are about the same age as the nation's housing: the median home was built in 1977, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | $819 | $882 | $965 |
| 2010–14 | $953 | $953 | $1,040 |
| 2015–19 | $745 | $1,099 | $1,213 |
| 2020–24 | $1,189 | $1,404 | $1,571 |
| Change | +$370 | +$522 | +$606 |
The median renter in Larsmont pays $1,189 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 17.9% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Larsmont
Bachelor's degrees in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 24.6% | 32.1% | 28.4% |
| 2010–14 | 39.2% | 33.7% | 29.6% |
| 2015–19 | 35.6% | 36.2% | 32.1% |
| 2020–24 | 38.9% | 39.6% | 35.6% |
| Change | +14.3 pts | +7.4 pts | +7.2 pts |
College degrees are a bit more common in Larsmont than nationally: 38.9% of adults 25 and older have a bachelor's or higher, against 35.6%. The picture is much the same across Minnesota.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 94.7% | 91.4% | 84.9% |
| 2010–14 | 96.9% | 92.2% | 86.1% |
| 2015–19 | 98.2% | 93.0% | 87.7% |
| 2020–24 | 99.3% | 93.7% | 89.3% |
| Change | +4.6 pts | +2.3 pts | +4.3 pts |
Finishing high school is nearly universal in Larsmont: 99.3% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Larsmont
| Period | Larsmont | Minnesota | U.S. |
|---|---|---|---|
| 2006–10 | 3.6% | 6.5% | 8.1% |
| 2010–14 | 1.1% | 6.5% | 9.4% |
| 2015–19 | 0.3% | 3.7% | 5.6% |
| 2020–24 | 3.9% | 4.1% | 5.4% |
| Change | +0.3 pts | −2.4 pts | −2.7 pts |
Unemployment in Larsmont runs below the national rate: 3.9% of the labor force was out of work and looking, against 5.4% nationally. The picture is much the same across Minnesota. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Larsmont compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Larsmont | 2.53 | 43.8 | 3.3% | 14.0% | 17.5% | 1977 | $1,189 | 38.9% | 99.3% | 3.9% |
| Knife River | 2.58 | 43.1 | 3.3% | 14.0% | 16.0% | 1979 | $1,154 | 38.2% | 99.2% | 3.5% |
| Two Harbors | 2.36 | 44.9 | 8.4% | 22.6% | 20.5% | 1960 | $1,143 | 23.7% | 93.4% | 1.5% |
| Waldo | 2.30 | 51.1 | 6.3% | 5.9% | 29.9% | 1978 | $1,192 | 24.2% | 92.8% | 4.1% |
| Palmers | 2.81 | 40.8 | 3.9% | 10.0% | 12.9% | 1987 | $1,122 | 35.2% | 97.4% | 2.7% |
| French River | 2.53 | 47.2 | 6.6% | 2.1% | 8.4% | 1985 | $1,321 | 49.1% | 97.4% | 2.1% |
| Highland | 2.22 | 54.1 | 6.4% | 2.5% | 31.0% | 1986 | $1,099 | 14.9% | 90.1% | 2.9% |
| Whyte | 2.12 | 54.4 | 3.1% | 5.6% | 38.7% | 1979 | $752 | 23.5% | 94.2% | 2.7% |
| Brimson | 2.13 | 55.1 | 4.7% | 3.8% | 60.7% | 1984 | $1,221 | 30.0% | 97.7% | 5.1% |
| Wales | 2.15 | 54.7 | 5.8% | 3.4% | 39.2% | 1985 | $970 | 17.5% | 91.8% | 3.3% |
| Duluth | 2.27 | 37.9 | 8.1% | 36.6% | 7.7% | 1959 | $1,407 | 42.9% | 95.4% | 4.8% |
All figures 2020–24.
Cities with similar populations: Halbur, IA · Springville, OH · Harris, RI · Harmonsburg, PA · Hardwick, MN · Harcum, VA · Hannasville, PA · Hanley, IA · Handle, MS · St. Francis, ME
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Larsmont. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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