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Parkers Prairie, 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
980
Population
$57,578
Median Income
$168,500
Home Value
46.2
Median Age

Demographics

Parkers Prairie has a population of 980 with a median age of 46.2. Here is the racial and ethnic breakdown of the population:

White
91.5%
Hispanic
3.6%
Black
2.8%
Other
2.1%
Demographic Value
Total Population980
Median Age46.2
White91.5%
Black or African American2.8%
Hispanic or Latino3.6%
Other / Two or More Races2.1%
Parkers Prairie, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.5%Hispanic/Latino: 3.6%Black: 2.8%Other: 2.1%980PopulationWhiteWhite91.5%Hispanic/LatinoHispanic/Latino3.6%BlackBlack2.8%OtherOther2.1%

Income & Economy

The median household income in Parkers Prairie is $57,578, which is 28.6% below the national median of $80,610. The per capita income is $30,547. The poverty rate is 10.8%.

$57,578
Median Household Income
$30,547
Per Capita Income
10.8%
Poverty Rate

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Education

In Parkers Prairie, 91.8% of residents age 25+ have a high school diploma or higher, and 10.0% hold a bachelor's degree or higher (2.1% with a graduate or professional degree).

HS Diploma+
91.8%
Bachelor's+
10.0%
Graduate+
2.1%
Education Level % of Adults (25+)
High School Diploma or Higher91.8%
Bachelor's Degree or Higher10.0%
Graduate or Professional Degree2.1%

Housing

The median home value in Parkers Prairie is $168,500, below the national median of $303,400. The median monthly rent is $769. The homeownership rate is 74.1%.

$168,500
Median Home Value
$769/mo
Median Rent
74.1%
Homeownership Rate
Housing Metric Value
Median Home Value$168,500
Median Monthly Rent$769
Homeownership Rate74.1%
Vacancy Rate7.2%

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Frequently Asked Questions

What is the population of Parkers Prairie, Minnesota?
The population of Parkers Prairie, Minnesota is 980 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Parkers Prairie, Minnesota?
The median household income in Parkers Prairie, Minnesota is $57,578. This is 28.6% below the national median of $80,610.
What is the median home value in Parkers Prairie, Minnesota?
The median home value in Parkers Prairie, Minnesota is $168,500. The median monthly rent is $769.
What percentage of people in Parkers Prairie have a college degree?
In Parkers Prairie, Minnesota, 10.0% of adults age 25 and older hold a bachelor's degree or higher, and 91.8% have a high school diploma or higher.
Is Parkers Prairie, Minnesota an affordable place to live?
The home price-to-income ratio in Parkers Prairie, Minnesota is 2.9x (median home value $168,500 vs. median income $57,578), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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