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Aitkin

Aitkin

Located in Aitkin County

$356,224 Average Value
$236 Average Price per Sq Ft
54 Homes For Sale

Aitkin is a Minnesota community that embraces its small-town appeal

The riverfront city of Aitkin in north-central Minnesota was founded in the 1870s and retains much of its historic charm. What was once the northern-most settlement on the Mississippi and a major logging hub is now a cozy destination of around 2,000 trying to adapt to a modern-day retail economy. Residents stay connected with several popular events, including celebrations that honor city history. “We’re proud of our community,” says Kay Hill of Edina Realty, who is a fifth-generation resident of Aitkin. “We’re a small town, and we embrace that. But we also have a lot of outdoor recreation, and the taxes are really low. I love living here.”

Community celebrations are part of life in Aitkin

The community’s signature event, Riverboat Heritage Days, began as a nostalgic nod to riverboat life and has grown into a multi-day event that offers fun for all ages. The RippleSippi Music Fest is a highlight of the multi-day festivities.



The “World Famous Fish House Parade” is another community favorite. The event is held downtown each year on Black Friday, the day after Thanksgiving. Contestants decorate their ice-fishing houses and compete for the honor of being named best float. “Many years ago, a couple of townspeople were trying to figure out a way to keep people in town for shopping around the holidays, so they started this parade,” Hill says. “It means a lot to the community, and it has worked!”
Aitkin County Fairgrounds hosts the area’s oldest continuous event, the Aitkin County Fair, which now last four days each summer.

Options range from historic homes to luxury lake homes

The community’s selection of homes is a diverse mix of sizes and styles. Multi-level homes often mingle with single-story homes on streets shaded by large pines and other native trees. “We have a lot of older homes, but also cabins and lake homes,” Hill says. “You name it, we’ve got it.”



Ranch-style homes offer more spacious lots. Acreage and/or waterfront homes on the south side are the community’s most expensive. Prices can range from under $100,000 to more than $500,000, and the median sales price is $300,000. Hill says many of the older homes are multiple-story dwellings with lots of stairs, so a local developer has started to build a lot of single-level homes. “We have a lot of retired people,” Hill says.
Residents can expect hot, humid summers, and winters with frigid conditions and varying levels of snowfall. “Sometimes we don’t even have snow on Christmas, but I’ve also seen snow in April,” Hill says.

Access to rivers, lakes and trails

The community offers easy access to two rivers known for their stock of sportfish, like walleye, bass and northern pike. It is also surrounded by lakes, which offer an array of year-round adventures, including swimming, boating and jet-skiing in the summer and ice fishing in the winter. Aitkin City Park is an amenities-filled destination along the Ripple River, a tributary of the Mississippi. “We also have a lot four-wheel trails – many, many miles throughout the county,” says Hill.

Economy centers around small businesses downtown

The community’s economy long relied on farming, but its economic center has shifted to the downtown district, which features a collection of independent retail stores offering various goods and services, as well as an eclectic mix of drinking and dining establishments. “We’ve had to evolve,” Hill says. “More businesses are coming in as we try to keep our small town from dying.”


Residents can stop for coffee at The Beanery Café and enjoy a meal and drinks at Block North Brew Pub, a pair of small businesses started by locals. “It’s nice to see people coming back,” Hill says. I remember growing up, people used to say, ‘I can’t wait to get out of this hick town.’ Guess what? They’re coming back now, because we’ve got a good thing here.”



More shopping and dining options can be found along Minnesota Highway 210.

Students can attend above-average schools

The Aitkin Public School District, rated B-minus by Niche, consists of two schools: Rippleside Elementary, which serves students in pre-kindergarten through sixth grade, and Aitkin Secondary School, which serves students in seventh through 12th grades. Both schools earn Bs from Niche. High school clubs and activities cater to a wide variety of interests, from farming to business to science.

Convenient access to a regional hospital in the community

This community is a fairly isolated, mostly car-dependent community. But residents do not have to go far for medical services. Riverwood Healthcare Center is a regional hospital less than 2 miles from downtown. Aitkin also has a municipal airport, but residents need to travel to Brainerd Lakes Regional Airport for commercial service. Highway 210 provides a convenient route to Brainerd and the airport.

Matt Pallister
Written By
Matt Pallister

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Aitkin Housing Trends

Housing Trends

Median List Price
$329,000
Median Sale Price
$308,312
Median Single Family Sale Price
$270,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
140
Median Home Sale Price YoY Change
15%
Average Price Per Sq Ft
$236

Neighborhood Facts

Number of Homes for Sale
54
Months of Supply
4.60

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Aitkin Has More Owners

Demographics

Total Population
1,878
Median Age
47
Population under 18
22.8%
On par with the national average
23.8%
Population over 65
28.1%
Above the national average
19.1%

Finances

Median Household Income
$45,676
Significantly below the national average
$71,702
Average Household Income
$60,190

Education and Workforce

High School Graduates
88%
College Graduates
21.9%
Below the national average
34.1%
Advanced Degrees
4.4%
% Population in Labor Force
52.2%
Below the national average
65.1%

Weather

Annual Precipitation
30''
Average Winter Low Temperature
0°F
Average Summer High Temperature
79°F
Annual Snowfall
38''

Area Factors

Somewhat Bikeable

Bike Score®®

36 / 100

Somewhat Walkable

Walk Score®®

50 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Aitkin