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Canby, 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
1,556
Population
$58,365
Median Income
$128,300
Home Value
40.6
Median Age

Demographics

Canby has a population of 1,556 with a median age of 40.6. Here is the racial and ethnic breakdown of the population:

White
93.2%
Hispanic
4.6%
Other
2.2%
Demographic Value
Total Population1,556
Median Age40.6
White93.2%
Hispanic or Latino4.6%
Other / Two or More Races2.2%
Canby, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.2%Hispanic/Latino: 4.6%Other: 2.2%1,556PopulationWhiteWhite93.2%Hispanic/LatinoHispanic/Latino4.6%OtherOther2.2%

Income & Economy

The median household income in Canby is $58,365, which is 27.6% below the national median of $80,610. The per capita income is $33,390. The poverty rate is 14.9%.

$58,365
Median Household Income
$33,390
Per Capita Income
14.9%
Poverty Rate

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Education

In Canby, 96.8% of residents age 25+ have a high school diploma or higher, and 18.4% hold a bachelor's degree or higher (4.6% with a graduate or professional degree).

HS Diploma+
96.8%
Bachelor's+
18.4%
Graduate+
4.6%
Education Level % of Adults (25+)
High School Diploma or Higher96.8%
Bachelor's Degree or Higher18.4%
Graduate or Professional Degree4.6%

Housing

The median home value in Canby is $128,300, below the national median of $303,400. The median monthly rent is $588. The homeownership rate is 79.2%.

$128,300
Median Home Value
$588/mo
Median Rent
79.2%
Homeownership Rate
Housing Metric Value
Median Home Value$128,300
Median Monthly Rent$588
Homeownership Rate79.2%
Vacancy Rate11.7%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Canby, Minnesota?
The population of Canby, Minnesota is 1,556 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Canby, Minnesota?
The median household income in Canby, Minnesota is $58,365. This is 27.6% below the national median of $80,610.
What is the median home value in Canby, Minnesota?
The median home value in Canby, Minnesota is $128,300. The median monthly rent is $588.
What percentage of people in Canby have a college degree?
In Canby, Minnesota, 18.4% of adults age 25 and older hold a bachelor's degree or higher, and 96.8% have a high school diploma or higher.
Is Canby, Minnesota an affordable place to live?
The home price-to-income ratio in Canby, Minnesota is 2.2x (median home value $128,300 vs. median income $58,365), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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