Last updated: 2024 BLS data · Page refreshed:
Paynesville has a population of 2,519 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,519 |
| Median Age | 36.1 |
| White | 92.1% |
| Black or African American | 0.3% |
| Asian | 0.8% |
| Hispanic or Latino | 6.9% |
The median household income in Paynesville is $75,250, which is 6.6% below the national median of $80,610. The per capita income is $34,748. The poverty rate is 5.6%.
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In Paynesville, 93.7% of residents age 25+ have a high school diploma or higher, and 27.2% hold a bachelor's degree or higher (7.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 93.7% |
| Bachelor's Degree or Higher | 27.2% |
| Graduate or Professional Degree | 7.5% |
The median home value in Paynesville is $178,200, below the national median of $303,400. The median monthly rent is $815. The homeownership rate is 68.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $178,200 |
| Median Monthly Rent | $815 |
| Homeownership Rate | 68.6% |
| Vacancy Rate | 10.8% |
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