Last updated: 2024 BLS data · Page refreshed:
Mahtomedi has a population of 8,133 with a median age of 43.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,133 |
| Median Age | 43.2 |
| White | 93.1% |
| Black or African American | 0.2% |
| Asian | 2.7% |
| Hispanic or Latino | 1.3% |
| Other / Two or More Races | 2.7% |
The median household income in Mahtomedi is $123,319, which is 53.0% above the national median of $80,610. The per capita income is $68,445. The poverty rate is 3.8%.
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In Mahtomedi, 98.7% of residents age 25+ have a high school diploma or higher, and 64.7% hold a bachelor's degree or higher (27.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.7% |
| Bachelor's Degree or Higher | 64.7% |
| Graduate or Professional Degree | 27.8% |
The median home value in Mahtomedi is $476,000, above the national median of $303,400. The median monthly rent is $1,694. The homeownership rate is 82.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $476,000 |
| Median Monthly Rent | $1,694 |
| Homeownership Rate | 82.6% |
| Vacancy Rate | 6.6% |
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