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Luverne, 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
4,925
Population
$64,366
Median Income
$208,000
Home Value
41.3
Median Age

Demographics

Luverne has a population of 4,925 with a median age of 41.3. Here is the racial and ethnic breakdown of the population:

White
95.4%
Hispanic
2.5%
Other
1.7%
Demographic Value
Total Population4,925
Median Age41.3
White95.4%
Asian0.4%
Hispanic or Latino2.5%
Other / Two or More Races1.7%
Luverne, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.4%Hispanic/Latino: 2.5%Other: 2.1%4,925PopulationWhiteWhite95.4%Hispanic/LatinoHispanic/Latino2.5%OtherOther2.1%

Income & Economy

The median household income in Luverne is $64,366, which is 20.2% below the national median of $80,610. The per capita income is $37,079. The poverty rate is 12.2%.

$64,366
Median Household Income
$37,079
Per Capita Income
12.2%
Poverty Rate

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Education

In Luverne, 92.5% of residents age 25+ have a high school diploma or higher, and 29.2% hold a bachelor's degree or higher (10.2% with a graduate or professional degree).

HS Diploma+
92.5%
Bachelor's+
29.2%
Graduate+
10.2%
Education Level % of Adults (25+)
High School Diploma or Higher92.5%
Bachelor's Degree or Higher29.2%
Graduate or Professional Degree10.2%

Housing

The median home value in Luverne is $208,000, below the national median of $303,400. The median monthly rent is $639. The homeownership rate is 70.8%.

$208,000
Median Home Value
$639/mo
Median Rent
70.8%
Homeownership Rate
Housing Metric Value
Median Home Value$208,000
Median Monthly Rent$639
Homeownership Rate70.8%
Vacancy Rate3.9%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Luverne, Minnesota?
The population of Luverne, Minnesota is 4,925 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Luverne, Minnesota?
The median household income in Luverne, Minnesota is $64,366. This is 20.2% below the national median of $80,610.
What is the median home value in Luverne, Minnesota?
The median home value in Luverne, Minnesota is $208,000. The median monthly rent is $639.
What percentage of people in Luverne have a college degree?
In Luverne, Minnesota, 29.2% of adults age 25 and older hold a bachelor's degree or higher, and 92.5% have a high school diploma or higher.
Is Luverne, Minnesota an affordable place to live?
The home price-to-income ratio in Luverne, Minnesota is 3.2x (median home value $208,000 vs. median income $64,366), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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