Living in Nerstrand, Minnesota
Cost of living, income, home prices, rent and demographics of Nerstrand · Census data 2020–2024
Nerstrand has 215 residents with a median age of 34.4. The median household income is $85,833 (4% lower than the Minnesota median), the median home value is $211,100, the median rent is $1,350/month.
Nerstrand is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Nerstrand at a glance
- Population
- 215
- Median age
- 34.4State: 38.8
- Median household income
- $85,833State: $89,062
- Median home value
- $211,100State: $329,300
- Median rent
- $1,350/moState: $1,280
- Homeowners
- 93.2%
- Bachelor's degree or higher
- 13.1%
- Average commute
- 27 min
Is Nerstrand a good place to live?
Pros: Home values 36% lower than the state median; unemployment of 0.7%.
Cons: Median household income 4% lower than the Minnesota median; an average commute of 27 minutes; a poverty rate of 9.8%.
The weather is best in June to September.
Cost of living in Nerstrand
Housing is the biggest part of the cost of living. In Nerstrand the median home value is $211,100, 37% lower than the U.S. median. Renters pay a median of $1,350 per month, which is 36.7% of household income. Homeowners with a mortgage pay $1,950 a month in housing costs.
Nerstrand median household income
The median household income in Nerstrand is $85,833 and the income per person is $40,181. 9.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Nerstrand: homes for sale and rent
- Housing units
- 96
- Owner-occupied
- 93.2%
- Renter-occupied
- 6.8%
- Vacant
- 8.3%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.44
Nerstrand demographics
- Population
- 215
- Median age
- 34.4
- Under 18
- 18.6%
- 65 and older
- 18.6%
- Households
- 88
- Foreign-born
- 0%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Nerstrand ›
Education in Nerstrand
13.1% of adults 25 and older in Nerstrand have a bachelor's degree or higher (Minnesota: 39.4%), and 3.9% have a graduate or professional degree.
Jobs and commute in Nerstrand
- Unemployment rate
- 0.7%State: 4.1%
- Average commute
- 27 minState: 23 min
- Work from home
- 3.8%
- Drive alone
- 85%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 87.5%
Nerstrand vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nerstrand | 215 | $85,833 | $211,100 | $1,350 |
| Dennison | 223 | $55,000 | $211,400 | $1,750 |
| Kenyon | 1,824 | $82,500 | $216,800 | $869 |
| Dundas | 1,916 | $116,310 | $325,800 | $1,875 |
| Northfield | 20,742 | $84,895 | $329,400 | $1,103 |
| Faribault | 24,631 | $61,449 | $241,500 | $1,074 |
| Randolph | 461 | $104,286 | $291,000 | $1,563 |
| Wanamingo | 1,389 | $71,731 | $269,200 | $674 |
| Cannon Falls | 4,227 | $84,097 | $263,300 | $1,161 |
More for people moving to Nerstrand
Nerstrand ZIP code ›Weather and climate ›Living in Nerstrand: FAQ
What is the median household income in Nerstrand, MN?
The median household income in Nerstrand is $85,833, 4% 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 Nerstrand?
The median home value in Nerstrand is $211,100, compared with $329,300 in Minnesota.
How much is rent in Nerstrand?
The median gross rent in Nerstrand is $1,350 per month, about 36.7% of household income.
Is Nerstrand, MN a good place to live?
Pluses: home values 36% lower than the state median; unemployment of 0.7%. Minuses: median household income 4% lower than the Minnesota median; an average commute of 27 minutes; a poverty rate of 9.8%.
What is the median age in Nerstrand?
The median age in Nerstrand is 34.4 years (Minnesota: 38.8).
How long is the commute in Nerstrand?
The average commute to work in Nerstrand is 27 minutes; 3.8% of workers work from home.
What is the unemployment rate in Nerstrand?
The unemployment rate in Nerstrand is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nerstrand?
13.1% of adults in Nerstrand 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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