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The typical family unit size in Babbitt, MN is 2.48 family members members, with 80.2% owning their own residences. The mean home cost is $75414. For people paying rent, they pay out an average of $656 monthly. 42.3% of homes have two sources of income, and a median household income of $45458. Average income is $25588. 11.5% of inhabitants survive at or below the poverty line, and 21.9% are handicapped. 11.9% of residents of the town are ex-members of the US military.

The labor force participation rate in Babbitt is 53.4%, with an unemployment rate of 3.1%. For all in the labor force, the average commute time is 28.5 minutes. 3.6% of Babbitt’s populace have a graduate degree, and 11.1% posses a bachelors degree. For many without a college degree, 43.8% have at least some college, 33.1% have a high school diploma, and just 8.5% have an education not as much as high school. 1.4% are not included in health insurance.