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Minnesota · Census place 47068

North Mankato city, MN

Quick answer

North Mankato city has 14,212 residents, ranking #78 of 914 places in Minnesota. Median household income is $77,571, the median home is worth $252,700 and median gross rent runs $918 a month.

Population
14,212North Mankato city residents
Median household income
$77,571Past 12 months, inflation adjusted
Median home value
$252,700Owner-occupied units
Median gross rent
$918Rent plus utilities, monthly
Median age
38.2 yrsAll residents
Homeownership rate
72.4%Owner-occupied households

What the numbers mean in North Mankato city

Housing cost measured against local earnings.

A household earning the North Mankato city median would spend about 14.2% 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 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.7% of residents and 72.4% 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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