Alvarado, a city located in the state of Minnesota (MN), is home to a population of approximately 280 people. Alvarado boasts a median age of 38, with around 30.6% of its residents aged 60 or above. 6.5% of the population identifies as US Veterans. 7.5% of Alvarado residents are disabled. The city has an average household income of $75,000, while the unemployment rate stands at 2.1%, and around 8.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Alvarado is $115,082, with a monthly rent averaging $545.