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Dexter, 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
350
Population
$93,750
Median Income
$185,900
Home Value
40.4
Median Age

Demographics

Dexter has a population of 350 with a median age of 40.4. Here is the racial and ethnic breakdown of the population:

White
98.0%
Other
1.4%
Black
0.6%
Demographic Value
Total Population350
Median Age40.4
White98.0%
Black or African American0.6%
Other / Two or More Races1.4%
Dexter, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.0%Other: 2.0%350PopulationWhiteWhite98.0%OtherOther2.0%

Income & Economy

The median household income in Dexter is $93,750, which is 16.3% above the national median of $80,610. The per capita income is $48,784. The poverty rate is 14.9%.

$93,750
Median Household Income
$48,784
Per Capita Income
14.9%
Poverty Rate

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Education

In Dexter, 95.5% of residents age 25+ have a high school diploma or higher, and 14.5% hold a bachelor's degree or higher (7.4% with a graduate or professional degree).

HS Diploma+
95.5%
Bachelor's+
14.5%
Graduate+
7.4%
Education Level % of Adults (25+)
High School Diploma or Higher95.5%
Bachelor's Degree or Higher14.5%
Graduate or Professional Degree7.4%

Housing

The median home value in Dexter is $185,900, below the national median of $303,400. The median monthly rent is $859. The homeownership rate is 66.9%.

$185,900
Median Home Value
$859/mo
Median Rent
66.9%
Homeownership Rate
Housing Metric Value
Median Home Value$185,900
Median Monthly Rent$859
Homeownership Rate66.9%
Vacancy Rate8.5%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Dexter, Minnesota?
The population of Dexter, Minnesota is 350 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Dexter, Minnesota?
The median household income in Dexter, Minnesota is $93,750. This is 16.3% above the national median of $80,610.
What is the median home value in Dexter, Minnesota?
The median home value in Dexter, Minnesota is $185,900. The median monthly rent is $859.
What percentage of people in Dexter have a college degree?
In Dexter, Minnesota, 14.5% of adults age 25 and older hold a bachelor's degree or higher, and 95.5% have a high school diploma or higher.
Is Dexter, Minnesota an affordable place to live?
The home price-to-income ratio in Dexter, Minnesota is 2.0x (median home value $185,900 vs. median income $93,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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