Frazee is located close to the center of Minnesota. Frazee is between the Becker, Otter Tail county. Frazee has 1.06 square miles of land area and 0.05 square miles of water area. As of 2010-2014, the total Frazee population is 1,250, which has shrunk 9.22% since 2000. The population growth rate is much lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Frazee median household income is $34,844 in 2010-2014 and has grown by 33.25% since 2000. The income growth rate is higher than the state average rate of 29.12% and is higher than the national average rate of 27.36%. Frazee median house value is $88,300 in 2010-2014 and has grown by 72.80% since 2000. The house value growth rate is higher than the state average rate of 51.31% and is much higher 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 Frazee is close to the state average in quality. The Frazee area code is 218.