Living in Mahtomedi, Minnesota
Cost of living, income, home prices, rent and demographics of Mahtomedi · Census data 2020–2024
Mahtomedi has 8,133 residents with a median age of 43.2. The median household income is $123,319 (38% higher than the Minnesota median), the median home value is $476,000, the median rent is $1,694/month.
Mahtomedi at a glance
- Population
- 8,133
- Median age
- 43.2State: 38.8
- Median household income
- $123,319State: $89,062
- Median home value
- $476,000State: $329,300
- Median rent
- $1,694/moState: $1,280
- Homeowners
- 82.6%
- Bachelor's degree or higher
- 64.7%
- Average commute
- 24 min
Is Mahtomedi a good place to live?
Pros: Median household income 38% higher than the Minnesota median; unemployment of 3.5%; a poverty rate of 3.8%.
Cons: Home values 45% higher than the state median; an average commute of 24 minutes.
The weather is best in June to September.
Cost of living in Mahtomedi
Housing is the biggest part of the cost of living. In Mahtomedi the median home value is $476,000, 43% higher than the U.S. median. Renters pay a median of $1,694 per month, which is 50% of household income. Homeowners with a mortgage pay $2,744 a month in housing costs.
Mahtomedi median household income
The median household income in Mahtomedi is $123,319 and the income per person is $68,445. 3.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Mahtomedi: homes for sale and rent
- Housing units
- 3,196
- Owner-occupied
- 82.6%
- Renter-occupied
- 17.4%
- Vacant
- 6.6%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.69
Mahtomedi demographics
- Population
- 8,133
- Median age
- 43.2
- Under 18
- 23.7%
- 65 and older
- 21.8%
- Households
- 2,985
- Foreign-born
- 3.1%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Mahtomedi ›
Education in Mahtomedi
64.7% of adults 25 and older in Mahtomedi have a bachelor's degree or higher (Minnesota: 39.4%), and 27.8% have a graduate or professional degree.
Jobs and commute in Mahtomedi
- Unemployment rate
- 3.5%State: 4.1%
- Average commute
- 24 minState: 23 min
- Work from home
- 31.1%
- Drive alone
- 65.4%
- Public transit
- 0.2%
- Walk to work
- 0.6%
- Homes with broadband
- 90.4%
Mahtomedi vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mahtomedi | 8,133 | $123,319 | $476,000 | $1,694 |
| Willernie | 495 | $85,531 | $331,300 | $1,322 |
| Birchwood Village | 866 | $156,563 | $462,800 | $1,681 |
| Pine Springs | 395 | $156,250 | $626,600 | — |
| Dellwood | 1,181 | $225,000 | $873,600 | — |
| White Bear Lake | 23,908 | $83,554 | $331,800 | $1,601 |
| Grant | 3,950 | $150,875 | $683,400 | $2,195 |
| Gem Lake | 483 | $124,583 | $568,900 | $1,800 |
| North St. Paul | 12,570 | $84,797 | $298,500 | $1,352 |
More for people moving to Mahtomedi
Mahtomedi ZIP code ›Weather and climate ›Living in Mahtomedi: FAQ
What is the median household income in Mahtomedi, MN?
The median household income in Mahtomedi is $123,319, 38% 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 Mahtomedi?
The median home value in Mahtomedi is $476,000, compared with $329,300 in Minnesota.
How much is rent in Mahtomedi?
The median gross rent in Mahtomedi is $1,694 per month, about 50% of household income.
Is Mahtomedi, MN a good place to live?
Pluses: median household income 38% higher than the Minnesota median; unemployment of 3.5%; a poverty rate of 3.8%. Minuses: home values 45% higher than the state median; an average commute of 24 minutes.
What is the median age in Mahtomedi?
The median age in Mahtomedi is 43.2 years (Minnesota: 38.8).
How long is the commute in Mahtomedi?
The average commute to work in Mahtomedi is 24 minutes; 31.1% of workers work from home.
What is the unemployment rate in Mahtomedi?
The unemployment rate in Mahtomedi is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mahtomedi?
64.7% of adults in Mahtomedi 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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