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Tracy, 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
2,057
Population
$67,788
Median Income
$113,400
Home Value
41.2
Median Age

Demographics

Tracy has a population of 2,057 with a median age of 41.2. Here is the racial and ethnic breakdown of the population:

White
67.3%
Hispanic
19.3%
Asian
12.1%
Other
1.3%
Demographic Value
Total Population2,057
Median Age41.2
White67.3%
Asian12.1%
Hispanic or Latino19.3%
Other / Two or More Races1.3%
Tracy, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 67.3%Hispanic/Latino: 19.3%Asian: 12.1%Other: 1.3%2,057PopulationWhiteWhite67.3%Hispanic/LatinoHispanic/Latino19.3%AsianAsian12.1%OtherOther1.3%

Income & Economy

The median household income in Tracy is $67,788, which is 15.9% below the national median of $80,610. The per capita income is $28,054. The poverty rate is 9.9%.

$67,788
Median Household Income
$28,054
Per Capita Income
9.9%
Poverty Rate

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Education

In Tracy, 88.2% of residents age 25+ have a high school diploma or higher, and 15.1% hold a bachelor's degree or higher (3.4% with a graduate or professional degree).

HS Diploma+
88.2%
Bachelor's+
15.1%
Graduate+
3.4%
Education Level % of Adults (25+)
High School Diploma or Higher88.2%
Bachelor's Degree or Higher15.1%
Graduate or Professional Degree3.4%

Housing

The median home value in Tracy is $113,400, below the national median of $303,400. The median monthly rent is $697. The homeownership rate is 79.9%.

$113,400
Median Home Value
$697/mo
Median Rent
79.9%
Homeownership Rate
Housing Metric Value
Median Home Value$113,400
Median Monthly Rent$697
Homeownership Rate79.9%
Vacancy Rate15.7%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Tracy, Minnesota?
The population of Tracy, Minnesota is 2,057 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Tracy, Minnesota?
The median household income in Tracy, Minnesota is $67,788. This is 15.9% below the national median of $80,610.
What is the median home value in Tracy, Minnesota?
The median home value in Tracy, Minnesota is $113,400. The median monthly rent is $697.
What percentage of people in Tracy have a college degree?
In Tracy, Minnesota, 15.1% of adults age 25 and older hold a bachelor's degree or higher, and 88.2% have a high school diploma or higher.
Is Tracy, Minnesota an affordable place to live?
The home price-to-income ratio in Tracy, Minnesota is 1.7x (median home value $113,400 vs. median income $67,788), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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