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Nicollet, 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
957
Population
$84,643
Median Income
$239,700
Home Value
32.8
Median Age

Demographics

Nicollet has a population of 957 with a median age of 32.8. Here is the racial and ethnic breakdown of the population:

White
91.8%
Hispanic
5.2%
Black
2.7%
Demographic Value
Total Population957
Median Age32.8
White91.8%
Black or African American2.7%
Hispanic or Latino5.2%
Nicollet, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 92.1%Hispanic/Latino: 5.2%Black: 2.7%957PopulationWhiteWhite92.1%Hispanic/LatinoHispanic/Latino5.2%BlackBlack2.7%

Income & Economy

The median household income in Nicollet is $84,643, which is 5.0% above the national median of $80,610. The per capita income is $42,738. The poverty rate is 6.6%.

$84,643
Median Household Income
$42,738
Per Capita Income
6.6%
Poverty Rate

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Education

In Nicollet, 92.3% of residents age 25+ have a high school diploma or higher, and 24.2% hold a bachelor's degree or higher (6.1% with a graduate or professional degree).

HS Diploma+
92.3%
Bachelor's+
24.2%
Graduate+
6.1%
Education Level % of Adults (25+)
High School Diploma or Higher92.3%
Bachelor's Degree or Higher24.2%
Graduate or Professional Degree6.1%

Housing

The median home value in Nicollet is $239,700, below the national median of $303,400. The median monthly rent is $855. The homeownership rate is 65.7%.

$239,700
Median Home Value
$855/mo
Median Rent
65.7%
Homeownership Rate
Housing Metric Value
Median Home Value$239,700
Median Monthly Rent$855
Homeownership Rate65.7%
Vacancy Rate3.0%

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Frequently Asked Questions

What is the population of Nicollet, Minnesota?
The population of Nicollet, Minnesota is 957 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Nicollet, Minnesota?
The median household income in Nicollet, Minnesota is $84,643. This is 5.0% above the national median of $80,610.
What is the median home value in Nicollet, Minnesota?
The median home value in Nicollet, Minnesota is $239,700. The median monthly rent is $855.
What percentage of people in Nicollet have a college degree?
In Nicollet, Minnesota, 24.2% of adults age 25 and older hold a bachelor's degree or higher, and 92.3% have a high school diploma or higher.
Is Nicollet, Minnesota an affordable place to live?
The home price-to-income ratio in Nicollet, Minnesota is 2.8x (median home value $239,700 vs. median income $84,643), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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