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North Mankato, 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
14,211
Population
$80,791
Median Income
$262,100
Home Value
38.5
Median Age

Demographics

North Mankato has a population of 14,211 with a median age of 38.5. Here is the racial and ethnic breakdown of the population:

White
86.9%
Hispanic
5.2%
Black
4.5%
Asian
2.6%
Other
0.8%
Demographic Value
Total Population14,211
Median Age38.5
White86.9%
Black or African American4.5%
Asian2.6%
Hispanic or Latino5.2%
Other / Two or More Races0.8%
North Mankato, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 86.9%Hispanic/Latino: 5.2%Black: 4.5%Asian: 2.6%Other: 0.8%14,211PopulationWhiteWhite86.9%Hispanic/LatinoHispanic/Latino5.2%BlackBlack4.5%AsianAsian2.6%OtherOther0.8%

Income & Economy

The median household income in North Mankato is $80,791, which is 0.2% above the national median of $80,610. The per capita income is $51,604. The poverty rate is 4.5%.

$80,791
Median Household Income
$51,604
Per Capita Income
4.5%
Poverty Rate

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Education

In North Mankato, 96.1% of residents age 25+ have a high school diploma or higher, and 40.7% hold a bachelor's degree or higher (11.2% with a graduate or professional degree).

HS Diploma+
96.1%
Bachelor's+
40.7%
Graduate+
11.2%
Education Level % of Adults (25+)
High School Diploma or Higher96.1%
Bachelor's Degree or Higher40.7%
Graduate or Professional Degree11.2%

Housing

The median home value in North Mankato is $262,100, below the national median of $303,400. The median monthly rent is $973. The homeownership rate is 69.7%.

$262,100
Median Home Value
$973/mo
Median Rent
69.7%
Homeownership Rate
Housing Metric Value
Median Home Value$262,100
Median Monthly Rent$973
Homeownership Rate69.7%
Vacancy Rate3.3%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of North Mankato, Minnesota?
The population of North Mankato, Minnesota is 14,211 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in North Mankato, Minnesota?
The median household income in North Mankato, Minnesota is $80,791. This is 0.2% above the national median of $80,610.
What is the median home value in North Mankato, Minnesota?
The median home value in North Mankato, Minnesota is $262,100. The median monthly rent is $973.
What percentage of people in North Mankato have a college degree?
In North Mankato, Minnesota, 40.7% of adults age 25 and older hold a bachelor's degree or higher, and 96.1% have a high school diploma or higher.
Is North Mankato, Minnesota an affordable place to live?
The home price-to-income ratio in North Mankato, Minnesota is 3.2x (median home value $262,100 vs. median income $80,791), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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