Living in Dexter, Minnesota
Cost of living, income, home prices, rent and demographics of Dexter · Census data 2020–2024
Dexter has 350 residents with a median age of 40.4. The median household income is $93,750 (5% higher than the Minnesota median), the median home value is $185,900, the median rent is $859/month.
Dexter is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Dexter at a glance
- Population
- 350
- Median age
- 40.4State: 38.8
- Median household income
- $93,750State: $89,062
- Median home value
- $185,900State: $329,300
- Median rent
- $859/moState: $1,280
- Homeowners
- 66.9%
- Bachelor's degree or higher
- 14.5%
- Average commute
- 24 min
Is Dexter a good place to live?
Pros: Median household income 5% higher than the Minnesota median; home values 44% lower than the state median.
Cons: An average commute of 24 minutes; unemployment of 6.9%; a poverty rate of 14.9%.
The weather is best in June to September.
Cost of living in Dexter
Housing is the biggest part of the cost of living. In Dexter the median home value is $185,900, 44% lower than the U.S. median. Renters pay a median of $859 per month, which is 30.5% of household income. Homeowners with a mortgage pay $1,352 a month in housing costs.
Dexter median household income
The median household income in Dexter is $93,750 and the income per person is $48,784. 14.9% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Dexter: homes for sale and rent
- Housing units
- 165
- Owner-occupied
- 66.9%
- Renter-occupied
- 33.1%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.32
Dexter demographics
- Population
- 350
- Median age
- 40.4
- Under 18
- 12.9%
- 65 and older
- 12.6%
- Households
- 151
- Foreign-born
- 0%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Dexter ›
Education in Dexter
14.5% of adults 25 and older in Dexter have a bachelor's degree or higher (Minnesota: 39.4%), and 7.4% have a graduate or professional degree.
Jobs and commute in Dexter
- Unemployment rate
- 6.9%State: 4.1%
- Average commute
- 24 minState: 23 min
- Work from home
- 3.3%
- Drive alone
- 87.9%
- Public transit
- 0%
- Walk to work
- 3.7%
- Homes with broadband
- 88.1%
Dexter vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Dexter | 350 | $93,750 | $185,900 | $859 |
| Grand Meadow | 1,011 | $72,125 | $188,000 | $644 |
| Brownsdale | 850 | $77,614 | $148,600 | $739 |
| Rose Creek | 429 | $81,875 | $150,000 | — |
| Adams | 745 | $93,594 | $170,700 | $823 |
| Waltham | 182 | $69,167 | $95,000 | $1,188 |
| High Forest | 124 | $128,750 | $314,300 | — |
| Racine | 416 | $97,788 | $260,000 | $1,271 |
| Lansing | 152 | $44,063 | — | — |
More for people moving to Dexter
Dexter ZIP code ›Weather and climate ›Living in Dexter: FAQ
What is the median household income in Dexter, MN?
The median household income in Dexter is $93,750, 5% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Dexter?
The median home value in Dexter is $185,900, compared with $329,300 in Minnesota.
How much is rent in Dexter?
The median gross rent in Dexter is $859 per month, about 30.5% of household income.
Is Dexter, MN a good place to live?
Pluses: median household income 5% higher than the Minnesota median; home values 44% lower than the state median. Minuses: an average commute of 24 minutes; unemployment of 6.9%; a poverty rate of 14.9%.
What is the median age in Dexter?
The median age in Dexter is 40.4 years (Minnesota: 38.8).
How long is the commute in Dexter?
The average commute to work in Dexter is 24 minutes; 3.3% of workers work from home.
What is the unemployment rate in Dexter?
The unemployment rate in Dexter is 6.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Dexter?
14.5% of adults in Dexter have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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