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Graceville, 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
564
Population
$66,111
Median Income
$121,400
Home Value
48.2
Median Age

Demographics

Graceville has a population of 564 with a median age of 48.2. Here is the racial and ethnic breakdown of the population:

White
94.1%
Other
5.9%
Demographic Value
Total Population564
Median Age48.2
White94.1%
Other / Two or More Races5.9%
Graceville, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 94.1%Other: 5.9%564PopulationWhiteWhite94.1%OtherOther5.9%

Income & Economy

The median household income in Graceville is $66,111, which is 18.0% below the national median of $80,610. The per capita income is $43,549. The poverty rate is 24.9%.

$66,111
Median Household Income
$43,549
Per Capita Income
24.9%
Poverty Rate

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Education

In Graceville, 92.2% of residents age 25+ have a high school diploma or higher, and 18.0% hold a bachelor's degree or higher (9.5% with a graduate or professional degree).

HS Diploma+
92.2%
Bachelor's+
18.0%
Graduate+
9.5%
Education Level % of Adults (25+)
High School Diploma or Higher92.2%
Bachelor's Degree or Higher18.0%
Graduate or Professional Degree9.5%

Housing

The median home value in Graceville is $121,400, below the national median of $303,400. The median monthly rent is $739. The homeownership rate is 57.3%.

$121,400
Median Home Value
$739/mo
Median Rent
57.3%
Homeownership Rate
Housing Metric Value
Median Home Value$121,400
Median Monthly Rent$739
Homeownership Rate57.3%
Vacancy Rate17.9%

Salaries in Minnesota

Explore salary data for popular occupations in Minnesota:

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Other Cities in Minnesota

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Frequently Asked Questions

What is the population of Graceville, Minnesota?
The population of Graceville, Minnesota is 564 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Graceville, Minnesota?
The median household income in Graceville, Minnesota is $66,111. This is 18.0% below the national median of $80,610.
What is the median home value in Graceville, Minnesota?
The median home value in Graceville, Minnesota is $121,400. The median monthly rent is $739.
What percentage of people in Graceville have a college degree?
In Graceville, Minnesota, 18.0% of adults age 25 and older hold a bachelor's degree or higher, and 92.2% have a high school diploma or higher.
Is Graceville, Minnesota an affordable place to live?
The home price-to-income ratio in Graceville, Minnesota is 1.8x (median home value $121,400 vs. median income $66,111), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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