What is the population of Nicollet city?

Nicollet city has 966 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #365 of 914 in Minnesota.

What is the median household income in Nicollet city?

Median household income in Nicollet city is $80,500 a year, 2.5% above the national figure of $78,538.

How much does it cost to rent or buy in Nicollet city?

Median gross rent is $862 a month and the median home value is $214,100, so rent absorbs about 12.8% of median household income.

Is Nicollet city affordable compared with the rest of the US?

Homes cost about 2.7× the local median income here versus roughly 3.9× nationally, so Nicollet city is more affordable to buy in than the typical US market, and rent takes 12.8% of median income against the 30% cost-burden line.

Aerial view of a dense city center, illustrating the US cities ZIP code directory

Minnesota · Census place 46150

Nicollet, MN population, income and ZIP codes

Quick answer

The population of the city of Nicollet, Minnesota (Nicollet, MN — Census place “Nicollet city”) is 966 residents, ranking #365 of 914 places in Minnesota. Median household income is $80,500, the median home is worth $214,100 and median gross rent runs $862 a month. Looking for the Nicollet Minnesota ZIP code list? 1 ZIP codes serve Nicollet, MN: 56074.

Population: 966Nicollet city residents
Median household income: $80,500Past 12 months, inflation adjusted
Median home value: $214,100Owner-occupied units
Median gross rent: $862Rent plus utilities, monthly
Median age: 31.8 yrsAll residents
Homeownership rate: 62.7%Owner-occupied households

Nicollet ZIP codes (Minnesota)

Census ZCTAs whose delivery area overlaps Nicollet.

The Nicollet MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

56074

What the numbers mean in Nicollet city

Housing cost measured against local earnings.

A household earning the Nicollet city median would spend about 12.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.7% of residents and 62.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Nicollet city, MN in context

How this area compares with national benchmarks.

Nicollet city is a very small community in Minnesota, with 966 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #365 of 914 ranked by population — larger than 60% of them. The median age here is 31.8 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Nicollet city earn a median of $80,500 a year, 2.5% above the national figure of $78,538 and 7% above the $75,469 median for the 361 Minnesota cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 8.7% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Nicollet city is valued at $214,100, 29.4% below the national figure and 11% below the $240,400 peer median, while median gross rent runs $862 a month, 38.7% below the national figure, or roughly $10,344 across a full year. A household on the local median income would put about 12.8% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 62.7% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

With 966 residents, a handful of survey responses moves every median on this page. Compare Nicollet city against its county rather than against national figures.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Minnesota.

More Minnesota coverage.

Frequently asked questions

Common questions about this area.

What is the population of Nicollet city?: Nicollet city has 966 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #365 of 914 in Minnesota.
What is the median household income in Nicollet city?: Median household income in Nicollet city is $80,500 a year, 2.5% above the national figure of $78,538.
How much does it cost to rent or buy in Nicollet city?: Median gross rent is $862 a month and the median home value is $214,100, so rent absorbs about 12.8% of median household income.
Is Nicollet city affordable compared with the rest of the US?: Homes cost about 2.7× the local median income here versus roughly 3.9× nationally, so Nicollet city is more affordable to buy in than the typical US market, and rent takes 12.8% of median income against the 30% cost-burden line.
How current is this Nicollet city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.