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Afton, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,957
Population
$133,305
Median Income
$679,300
Home Value
52.5
Median Age

Demographics

Afton has a population of 2,957 with a median age of 52.5. Here is the racial and ethnic breakdown of the population:

White
88.0%
Other
5.6%
Asian
4.4%
Hispanic
1.8%
Demographic Value
Total Population2,957
Median Age52.5
White88.0%
Black or African American0.2%
Asian4.4%
Hispanic or Latino1.8%
Other / Two or More Races5.6%
Afton, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 88.0%Other: 5.6%Asian: 4.4%Other: 2.0%2,957PopulationWhiteWhite88.0%OtherOther5.6%AsianAsian4.4%OtherOther2.0%

Income & Economy

The median household income in Afton is $133,305, which is 65.4% above the national median of $80,610. The per capita income is $66,167. The poverty rate is 6.3%.

$133,305
Median Household Income
$66,167
Per Capita Income
6.3%
Poverty Rate

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Education

In Afton, 99.2% of residents age 25+ have a high school diploma or higher, and 58.6% hold a bachelor's degree or higher (20.4% with a graduate or professional degree).

HS Diploma+
99.2%
Bachelor's+
58.6%
Graduate+
20.4%
Education Level % of Adults (25+)
High School Diploma or Higher99.2%
Bachelor's Degree or Higher58.6%
Graduate or Professional Degree20.4%

Housing

The median home value in Afton is $679,300, above the national median of $303,400. The median monthly rent is $2,333. The homeownership rate is 98.3%.

$679,300
Median Home Value
$2,333/mo
Median Rent
98.3%
Homeownership Rate
Housing Metric Value
Median Home Value$679,300
Median Monthly Rent$2,333
Homeownership Rate98.3%
Vacancy Rate2.6%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Afton, Minnesota?
The population of Afton, Minnesota is 2,957 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Afton, Minnesota?
The median household income in Afton, Minnesota is $133,305. This is 65.4% above the national median of $80,610.
What is the median home value in Afton, Minnesota?
The median home value in Afton, Minnesota is $679,300. The median monthly rent is $2,333.
What percentage of people in Afton have a college degree?
In Afton, Minnesota, 58.6% of adults age 25 and older hold a bachelor's degree or higher, and 99.2% have a high school diploma or higher.
Is Afton, Minnesota an affordable place to live?
The home price-to-income ratio in Afton, Minnesota is 5.1x (median home value $679,300 vs. median income $133,305), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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