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Northfield, 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
20,742
Population
$84,895
Median Income
$329,400
Home Value
28.2
Median Age

Demographics

Northfield has a population of 20,742 with a median age of 28.2. Here is the racial and ethnic breakdown of the population:

White
80.7%
Hispanic
13.2%
Asian
4.4%
Black
2.1%
Demographic Value
Total Population20,742
Median Age28.2
White80.7%
Black or African American2.1%
Asian4.4%
Hispanic or Latino13.2%
Northfield, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 80.4%Hispanic/Latino: 13.1%Asian: 4.4%Black: 2.1%20,742PopulationWhiteWhite80.4%Hispanic/LatinoHispanic/Latino13.1%AsianAsian4.4%BlackBlack2.1%

Income & Economy

The median household income in Northfield is $84,895, which is 5.3% above the national median of $80,610. The per capita income is $36,703. The poverty rate is 8.8%.

$84,895
Median Household Income
$36,703
Per Capita Income
8.8%
Poverty Rate

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Education

In Northfield, 96.6% of residents age 25+ have a high school diploma or higher, and 53.3% hold a bachelor's degree or higher (26.6% with a graduate or professional degree).

HS Diploma+
96.6%
Bachelor's+
53.3%
Graduate+
26.6%
Education Level % of Adults (25+)
High School Diploma or Higher96.6%
Bachelor's Degree or Higher53.3%
Graduate or Professional Degree26.6%

Housing

The median home value in Northfield is $329,400, above the national median of $303,400. The median monthly rent is $1,103. The homeownership rate is 69.3%.

$329,400
Median Home Value
$1,103/mo
Median Rent
69.3%
Homeownership Rate
Housing Metric Value
Median Home Value$329,400
Median Monthly Rent$1,103
Homeownership Rate69.3%
Vacancy Rate5.8%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Northfield, Minnesota?
The population of Northfield, Minnesota is 20,742 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Northfield, Minnesota?
The median household income in Northfield, Minnesota is $84,895. This is 5.3% above the national median of $80,610.
What is the median home value in Northfield, Minnesota?
The median home value in Northfield, Minnesota is $329,400. The median monthly rent is $1,103.
What percentage of people in Northfield have a college degree?
In Northfield, Minnesota, 53.3% of adults age 25 and older hold a bachelor's degree or higher, and 96.6% have a high school diploma or higher.
Is Northfield, Minnesota an affordable place to live?
The home price-to-income ratio in Northfield, Minnesota is 3.9x (median home value $329,400 vs. median income $84,895), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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