Living in Minneota, Minnesota
Cost of living, income, home prices, rent and demographics of Minneota · Census data 2020–2024
Minneota has 1,594 residents with a median age of 31.5. The median household income is $74,091 (17% lower than the Minnesota median), the median home value is $161,300, the median rent is $640/month.
Minneota at a glance
- Population
- 1,594
- Median age
- 31.5State: 38.8
- Median household income
- $74,091State: $89,062
- Median home value
- $161,300State: $329,300
- Median rent
- $640/moState: $1,280
- Homeowners
- 78.7%
- Bachelor's degree or higher
- 22.5%
- Average commute
- 17 min
Is Minneota a good place to live?
Pros: Home values 51% lower than the state median; an average commute of 17 minutes; unemployment of 2.6%; a poverty rate of 6.7%.
Cons: Median household income 17% lower than the Minnesota median.
The weather is best in June to September.
Cost of living in Minneota
Housing is the biggest part of the cost of living. In Minneota the median home value is $161,300, 52% lower than the U.S. median. Renters pay a median of $640 per month, which is 27.3% of household income. Homeowners with a mortgage pay $1,453 a month in housing costs.
Minneota median household income
The median household income in Minneota is $74,091 and the income per person is $29,238. 6.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Minneota: homes for sale and rent
- Housing units
- 663
- Owner-occupied
- 78.7%
- Renter-occupied
- 21.3%
- Vacant
- 14.9%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.74
Minneota demographics
- Population
- 1,594
- Median age
- 31.5
- Under 18
- 35.7%
- 65 and older
- 16.4%
- Households
- 564
- Foreign-born
- 4.3%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Minneota ›
Education in Minneota
22.5% of adults 25 and older in Minneota have a bachelor's degree or higher (Minnesota: 39.4%), and 4% have a graduate or professional degree.
Jobs and commute in Minneota
- Unemployment rate
- 2.6%State: 4.1%
- Average commute
- 17 minState: 23 min
- Work from home
- 5.5%
- Drive alone
- 74.8%
- Public transit
- 0%
- Walk to work
- 6.2%
- Homes with broadband
- 89%
Minneota vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Minneota | 1,594 | $74,091 | $161,300 | $640 |
| Taunton | 128 | $45,313 | $76,900 | $613 |
| Ghent | 439 | $94,000 | $150,000 | $936 |
| Porter | 191 | $56,667 | $108,300 | $931 |
| St. Leo | 153 | $62,083 | — | $920 |
| Lynd | 428 | $79,167 | $187,500 | $1,156 |
| Marshall | 13,896 | $68,566 | $210,300 | $779 |
| Ivanhoe | 609 | $52,552 | $66,500 | $625 |
| Cottonwood | 1,061 | $97,500 | $176,200 | $683 |
More for people moving to Minneota
Minneota ZIP code ›Weather and climate ›Living in Minneota: FAQ
What is the median household income in Minneota, MN?
The median household income in Minneota is $74,091, 17% lower 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 Minneota?
The median home value in Minneota is $161,300, compared with $329,300 in Minnesota.
How much is rent in Minneota?
The median gross rent in Minneota is $640 per month, about 27.3% of household income.
Is Minneota, MN a good place to live?
Pluses: home values 51% lower than the state median; an average commute of 17 minutes; unemployment of 2.6%; a poverty rate of 6.7%. Minuses: median household income 17% lower than the Minnesota median.
What is the median age in Minneota?
The median age in Minneota is 31.5 years (Minnesota: 38.8).
How long is the commute in Minneota?
The average commute to work in Minneota is 17 minutes; 5.5% of workers work from home.
What is the unemployment rate in Minneota?
The unemployment rate in Minneota is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Minneota?
22.5% of adults in Minneota 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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