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ZipNumbers

Minnesota · Census place 46150

Nicollet city, MN

Quick answer

Nicollet city has 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.

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

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

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