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The total population of Babbitt is estimated to be 1,377 with 787 males (57.15%) and 590 females (42.85%). There are 197 less females than males in Babbitt.
The median household income in Babbitt was $48,911 in 2021, which marked an a decrease of 3,726(7.08%) from $52,637 in 2020. This income is 65.56% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Babbitt sees its highest median household income among householders in the age group of 45 to 64 years old, at $66,399. Overall, the median household income for the city of Babbitt stands at $48,911.
In Babbitt, the median income for all workers aged 15 years and older, regardless of work hours, was $42,093 for males and $26,172 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,165 for males and $46,989 for females.
In Babbitt, population is primarily represented by White households, reporting a median income of $50,262.
In 2022, the population of Babbitt was 1,383, a 0.29% decrease year-by-year from 2021. Previously, in 2021, Babbitt's population was 1,387, a decline of 0.57% compared to a population of 1,395 in 2020.
The median age in Babbitt, MN is 53.8, as per 2021 ACS 5-Year Estimates. Of the total population, 10.26% were under the age of 15, 16.86% aged 15 to 29, 43.99% aged 30 to 64, 22.65% aged 65 to 84, and 6.23% were 85 years of age and older.
Racial distribution of Babbitt population: 94.79% are White, 0.15% are Black or African American, 1.25% are American Indian and Alaska Native, 1.39% are Asian and 2.42% are multiracial.