Living in North Mankato, Minnesota
Cost of living, income, home prices, rent and demographics of North Mankato · Census data 2020–2024
North Mankato has 14,211 residents with a median age of 38.5. The median household income is $80,791 (9% lower than the Minnesota median), the median home value is $262,100, the median rent is $973/month.
North Mankato at a glance
- Population
- 14,211
- Median age
- 38.5State: 38.8
- Median household income
- $80,791State: $89,062
- Median home value
- $262,100State: $329,300
- Median rent
- $973/moState: $1,280
- Homeowners
- 69.7%
- Bachelor's degree or higher
- 40.7%
- Average commute
- 15 min
Is North Mankato a good place to live?
Pros: Home values 20% lower than the state median; an average commute of 15 minutes; unemployment of 2.8%; a poverty rate of 4.5%.
Cons: Median household income 9% lower than the Minnesota median.
The weather is best in June to September.
Cost of living in North Mankato
Housing is the biggest part of the cost of living. In North Mankato the median home value is $262,100, 21% lower than the U.S. median. Renters pay a median of $973 per month, which is 22.7% of household income. Homeowners with a mortgage pay $1,678 a month in housing costs.
North Mankato median household income
The median household income in North Mankato is $80,791 and the income per person is $51,604. 4.5% of residents live below the poverty line (Minnesota: 9.3%).
Housing in North Mankato: homes for sale and rent
- Housing units
- 6,129
- Owner-occupied
- 69.7%
- Renter-occupied
- 30.3%
- Vacant
- 3.3%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.37
North Mankato demographics
- Population
- 14,211
- Median age
- 38.5
- Under 18
- 24.4%
- 65 and older
- 17%
- Households
- 5,927
- Foreign-born
- 5.3%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of North Mankato ›
Education in North Mankato
40.7% of adults 25 and older in North Mankato have a bachelor's degree or higher (Minnesota: 39.4%), and 11.2% have a graduate or professional degree.
Jobs and commute in North Mankato
- Unemployment rate
- 2.8%State: 4.1%
- Average commute
- 15 minState: 23 min
- Work from home
- 10.2%
- Drive alone
- 75.3%
- Public transit
- 0.2%
- Walk to work
- 3.3%
- Homes with broadband
- 91.7%
North Mankato vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| North Mankato | 14,211 | $80,791 | $262,100 | $973 |
| Skyline | 307 | $71,875 | $291,500 | — |
| Mankato | 45,473 | $66,873 | $261,700 | $1,132 |
| Eagle Lake | 3,281 | $96,964 | $276,500 | $1,403 |
| Kasota | 554 | $66,625 | $190,800 | $692 |
| Nicollet | 957 | $84,643 | $239,700 | $855 |
| Lake Crystal | 2,606 | $83,317 | $204,400 | $825 |
| St. Peter | 12,185 | $65,122 | $250,700 | $961 |
| St. Clair | 710 | $106,136 | $218,000 | $750 |
More for people moving to North Mankato
North Mankato ZIP code ›Weather and climate ›Living in North Mankato: FAQ
What is the median household income in North Mankato, MN?
The median household income in North Mankato is $80,791, 9% 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 North Mankato?
The median home value in North Mankato is $262,100, compared with $329,300 in Minnesota.
How much is rent in North Mankato?
The median gross rent in North Mankato is $973 per month, about 22.7% of household income.
Is North Mankato, MN a good place to live?
Pluses: home values 20% lower than the state median; an average commute of 15 minutes; unemployment of 2.8%; a poverty rate of 4.5%. Minuses: median household income 9% lower than the Minnesota median.
What is the median age in North Mankato?
The median age in North Mankato is 38.5 years (Minnesota: 38.8).
How long is the commute in North Mankato?
The average commute to work in North Mankato is 15 minutes; 10.2% of workers work from home.
What is the unemployment rate in North Mankato?
The unemployment rate in North Mankato is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is North Mankato?
40.7% of adults in North Mankato 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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