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Ranier, 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
509
Population
$87,375
Median Income
$178,300
Home Value
50.8
Median Age

Demographics

Ranier has a population of 509 with a median age of 50.8. Here is the racial and ethnic breakdown of the population:

White
93.9%
Other
4.9%
Asian
1.2%
Demographic Value
Total Population509
Median Age50.8
White93.9%
Asian1.2%
Other / Two or More Races4.9%
Ranier, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.9%Other: 4.9%Other: 1.2%509PopulationWhiteWhite93.9%OtherOther4.9%OtherOther1.2%

Income & Economy

The median household income in Ranier is $87,375, which is 8.4% above the national median of $80,610. The per capita income is $44,689. The poverty rate is 5.5%.

$87,375
Median Household Income
$44,689
Per Capita Income
5.5%
Poverty Rate

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Education

In Ranier, 94.1% of residents age 25+ have a high school diploma or higher, and 30.9% hold a bachelor's degree or higher (9.0% with a graduate or professional degree).

HS Diploma+
94.1%
Bachelor's+
30.9%
Graduate+
9.0%
Education Level % of Adults (25+)
High School Diploma or Higher94.1%
Bachelor's Degree or Higher30.9%
Graduate or Professional Degree9.0%

Housing

The median home value in Ranier is $178,300, below the national median of $303,400. The homeownership rate is 91.2%.

$178,300
Median Home Value
91.2%
Homeownership Rate
Housing Metric Value
Median Home Value$178,300
Homeownership Rate91.2%
Vacancy Rate11.7%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Ranier, Minnesota?
The population of Ranier, Minnesota is 509 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ranier, Minnesota?
The median household income in Ranier, Minnesota is $87,375. This is 8.4% above the national median of $80,610.
What is the median home value in Ranier, Minnesota?
The median home value in Ranier, Minnesota is $178,300.
What percentage of people in Ranier have a college degree?
In Ranier, Minnesota, 30.9% of adults age 25 and older hold a bachelor's degree or higher, and 94.1% have a high school diploma or higher.
Is Ranier, Minnesota an affordable place to live?
The home price-to-income ratio in Ranier, Minnesota is 2.0x (median home value $178,300 vs. median income $87,375), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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