Minot has a population of 48,038 with a median age of 33.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 48,038 |
| Median Age | 33.0 |
| White | 82.2% |
| Black or African American | 4.5% |
| Asian | 2.2% |
| Hispanic or Latino | 7.4% |
| Other / Two or More Races | 3.7% |
The median household income in Minot is $75,545, which is 0.5% above the national median of $75,149. The per capita income is $41,662. The poverty rate is 11.3%.
The unemployment rate in Minot is 3.7%, compared to the national rate of 5.4%.
In Minot, 93.4% of residents age 25+ have a high school diploma or higher, and 30.0% hold a bachelor's degree or higher (9.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.4% |
| Bachelor's Degree or Higher | 30.0% |
| Graduate or Professional Degree | 9.4% |
The median home value in Minot is $241,900, below the national median of $281,900. The median monthly rent is $937. The homeownership rate is 56.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $241,900 |
| Median Monthly Rent | $937 |
| Homeownership Rate | 56.6% |
| Vacancy Rate | 10.8% |
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