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Russell was platted in 1881. The city took its name from Russell Township. A post office has been in operation at Russell since 1882. According to the United States Census Bureau, the city has a total area of , all of it land. Minnesota State Highway 22 serves as a main route in the community, and Interstate 90 is nearby (about seven miles south). As of 2000 the median income for a household was $40,000, and for a family was $44,375. Males had a median income of $31,250 versus $21,875 for females; The per capita income for the city was about one-third that ($13k) higher than state average; About 10% were below poverty level while none were above it; 3% received food stamps while 13% receive social security benefits .