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Randolph, 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
461
Population
$104,286
Median Income
$291,000
Home Value
40.5
Median Age

Demographics

Randolph has a population of 461 with a median age of 40.5. Here is the racial and ethnic breakdown of the population:

White
98.0%
Asian
1.1%
Other
0.9%
Demographic Value
Total Population461
Median Age40.5
White98.0%
Asian1.1%
Other / Two or More Races0.9%
Randolph, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.0%Other: 2.0%461PopulationWhiteWhite98.0%OtherOther2.0%

Income & Economy

The median household income in Randolph is $104,286, which is 29.4% above the national median of $80,610. The per capita income is $40,373. The poverty rate is 4.8%.

$104,286
Median Household Income
$40,373
Per Capita Income
4.8%
Poverty Rate

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Education

In Randolph, 95.9% of residents age 25+ have a high school diploma or higher, and 24.5% hold a bachelor's degree or higher (7.3% with a graduate or professional degree).

HS Diploma+
95.9%
Bachelor's+
24.5%
Graduate+
7.3%
Education Level % of Adults (25+)
High School Diploma or Higher95.9%
Bachelor's Degree or Higher24.5%
Graduate or Professional Degree7.3%

Housing

The median home value in Randolph is $291,000, below the national median of $303,400. The median monthly rent is $1,563. The homeownership rate is 79.2%.

$291,000
Median Home Value
$1,563/mo
Median Rent
79.2%
Homeownership Rate
Housing Metric Value
Median Home Value$291,000
Median Monthly Rent$1,563
Homeownership Rate79.2%
Vacancy Rate8.2%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Randolph, Minnesota?
The population of Randolph, Minnesota is 461 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Randolph, Minnesota?
The median household income in Randolph, Minnesota is $104,286. This is 29.4% above the national median of $80,610.
What is the median home value in Randolph, Minnesota?
The median home value in Randolph, Minnesota is $291,000. The median monthly rent is $1,563.
What percentage of people in Randolph have a college degree?
In Randolph, Minnesota, 24.5% of adults age 25 and older hold a bachelor's degree or higher, and 95.9% have a high school diploma or higher.
Is Randolph, Minnesota an affordable place to live?
The home price-to-income ratio in Randolph, Minnesota is 2.8x (median home value $291,000 vs. median income $104,286), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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