Alvarado is located in northwest Minnesota. Alvarado is between the Marshall, Polk county. Alvarado has 0.22 square miles of land area and has no water area. As of 2010-2014, the total Alvarado population is 437, which has grown 17.79% since 2000. The population growth rate is much higher than the state average rate of 9.44% and is much higher than the national average rate of 11.61%. Alvarado median household income is $45,385 in 2010-2014 and has grown by 11.72% since 2000. The income growth rate is much lower than the state average rate of 29.12% and is much lower than the national average rate of 27.36%. Alvarado median house value is $87,000 in 2010-2014 and has grown by 41.92% since 2000. The house value growth rate is lower than the state average rate of 51.31% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Alvarado is better than the state average in quality. The Alvarado area code is 218.