Living in Nicollet, Minnesota
Cost of living, income, home prices, rent and demographics of Nicollet · Census data 2020–2024
Nicollet has 957 residents with a median age of 32.8. The median household income is $84,643 (5% lower than the Minnesota median), the median home value is $239,700, the median rent is $855/month.
Nicollet is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Nicollet at a glance
- Population
- 957
- Median age
- 32.8State: 38.8
- Median household income
- $84,643State: $89,062
- Median home value
- $239,700State: $329,300
- Median rent
- $855/moState: $1,280
- Homeowners
- 65.7%
- Bachelor's degree or higher
- 24.2%
- Average commute
- 19 min
Is Nicollet a good place to live?
Pros: Home values 27% lower than the state median; an average commute of 19 minutes; unemployment of 2%; a poverty rate of 6.6%.
Cons: Median household income 5% lower than the Minnesota median.
The weather is best in June to September.
Cost of living in Nicollet
Housing is the biggest part of the cost of living. In Nicollet the median home value is $239,700, 28% lower than the U.S. median. Renters pay a median of $855 per month, which is 23.3% of household income. Homeowners with a mortgage pay $1,550 a month in housing costs.
Nicollet median household income
The median household income in Nicollet is $84,643 and the income per person is $42,738. 6.6% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Nicollet: homes for sale and rent
- Housing units
- 400
- Owner-occupied
- 65.7%
- Renter-occupied
- 34.3%
- Vacant
- 3%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.47
Nicollet demographics
- Population
- 957
- Median age
- 32.8
- Under 18
- 22.8%
- 65 and older
- 12.3%
- Households
- 388
- Foreign-born
- 1.6%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Nicollet ›
Education in Nicollet
24.2% of adults 25 and older in Nicollet have a bachelor's degree or higher (Minnesota: 39.4%), and 6.1% have a graduate or professional degree.
Jobs and commute in Nicollet
- Unemployment rate
- 2%State: 4.1%
- Average commute
- 19 minState: 23 min
- Work from home
- 13.9%
- Drive alone
- 77.9%
- Public transit
- 0%
- Walk to work
- 3.9%
- Homes with broadband
- 84.8%
Nicollet vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nicollet | 957 | $84,643 | $239,700 | $855 |
| Courtland | 770 | $99,028 | $275,600 | $1,066 |
| North Mankato | 14,211 | $80,791 | $262,100 | $973 |
| Kasota | 554 | $66,625 | $190,800 | $692 |
| St. Peter | 12,185 | $65,122 | $250,700 | $961 |
| Lake Crystal | 2,606 | $83,317 | $204,400 | $825 |
| Skyline | 307 | $71,875 | $291,500 | — |
| Searles | 201 | $80,625 | $191,100 | — |
| Mankato | 45,473 | $66,873 | $261,700 | $1,132 |
More for people moving to Nicollet
Nicollet ZIP code ›Weather and climate ›Living in Nicollet: FAQ
What is the median household income in Nicollet, MN?
The median household income in Nicollet is $84,643, 5% 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 Nicollet?
The median home value in Nicollet is $239,700, compared with $329,300 in Minnesota.
How much is rent in Nicollet?
The median gross rent in Nicollet is $855 per month, about 23.3% of household income.
Is Nicollet, MN a good place to live?
Pluses: home values 27% lower than the state median; an average commute of 19 minutes; unemployment of 2%; a poverty rate of 6.6%. Minuses: median household income 5% lower than the Minnesota median.
What is the median age in Nicollet?
The median age in Nicollet is 32.8 years (Minnesota: 38.8).
How long is the commute in Nicollet?
The average commute to work in Nicollet is 19 minutes; 13.9% of workers work from home.
What is the unemployment rate in Nicollet?
The unemployment rate in Nicollet is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nicollet?
24.2% of adults in Nicollet 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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