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ZipNumbers

Minnesota · Census place 60808

Slayton city, MN

Quick answer

Slayton city has 2,089 residents, ranking #253 of 914 places in Minnesota. Median household income is $65,724, the median home is worth $160,400 and median gross rent runs $718 a month.

Population
2,089Slayton city residents
Median household income
$65,724Past 12 months, inflation adjusted
Median home value
$160,400Owner-occupied units
Median gross rent
$718Rent plus utilities, monthly
Median age
39 yrsAll residents
Homeownership rate
69.7%Owner-occupied households

What the numbers mean in Slayton city

Housing cost measured against local earnings.

A household earning the Slayton city median would spend about 13.1% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.5% of residents and 69.7% 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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