Living in Orono, Minnesota
Cost of living, income, home prices, rent and demographics of Orono · Census data 2020–2024
Orono has 8,195 residents with a median age of 46.6. The median household income is $173,527 (95% higher than the Minnesota median), the median home value is $1,004,500, the median rent is $1,818/month.
Orono at a glance
- Population
- 8,195
- Median age
- 46.6State: 38.8
- Median household income
- $173,527State: $89,062
- Median home value
- $1,004,500State: $329,300
- Median rent
- $1,818/moState: $1,280
- Homeowners
- 90.9%
- Bachelor's degree or higher
- 72%
- Average commute
- 25 min
Is Orono a good place to live?
Pros: Median household income 95% higher than the Minnesota median; unemployment of 2.8%; a poverty rate of 6.2%.
Cons: Home values 205% higher than the state median; an average commute of 25 minutes.
The weather is best in June to September.
Cost of living in Orono
Housing is the biggest part of the cost of living. In Orono the median home value is $1,004,500, 202% higher than the U.S. median. Renters pay a median of $1,818 per month, which is 43.9% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Orono median household income
The median household income in Orono is $173,527 and the income per person is $124,728. 6.2% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Orono: homes for sale and rent
- Housing units
- 3,416
- Owner-occupied
- 90.9%
- Renter-occupied
- 9.1%
- Vacant
- 10.7%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.67
Orono demographics
- Population
- 8,195
- Median age
- 46.6
- Under 18
- 26.8%
- 65 and older
- 17.6%
- Households
- 3,052
- Foreign-born
- 6.3%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Orono ›
Education in Orono
72% of adults 25 and older in Orono have a bachelor's degree or higher (Minnesota: 39.4%), and 27.6% have a graduate or professional degree.
Jobs and commute in Orono
- Unemployment rate
- 2.8%State: 4.1%
- Average commute
- 25 minState: 23 min
- Work from home
- 31.5%
- Drive alone
- 63.7%
- Public transit
- 0.1%
- Walk to work
- 0.3%
- Homes with broadband
- 97.4%
Orono vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Orono | 8,195 | $173,527 | $1,004,500 | $1,818 |
| Village of Minnetonka Beach | 469 | $250,001 | $2,000,001 | — |
| Long Lake | 1,728 | $109,063 | $422,600 | $1,809 |
| Spring Park | 1,896 | $48,315 | $661,600 | $1,241 |
| Tonka Bay | 1,270 | $156,458 | $917,100 | $2,320 |
| Woodland | 477 | $190,000 | $1,185,300 | — |
| Deephaven | 3,793 | $197,679 | $935,900 | — |
| Wayzata | 4,354 | $131,614 | $1,153,400 | $1,782 |
| Greenwood | 699 | $215,278 | $1,240,400 | $1,885 |
More for people moving to Orono
Orono ZIP code ›Weather and climate ›Living in Orono: FAQ
What is the median household income in Orono, MN?
The median household income in Orono is $173,527, 95% 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 Orono?
The median home value in Orono is $1,004,500, compared with $329,300 in Minnesota.
How much is rent in Orono?
The median gross rent in Orono is $1,818 per month, about 43.9% of household income.
Is Orono, MN a good place to live?
Pluses: median household income 95% higher than the Minnesota median; unemployment of 2.8%; a poverty rate of 6.2%. Minuses: home values 205% higher than the state median; an average commute of 25 minutes.
What is the median age in Orono?
The median age in Orono is 46.6 years (Minnesota: 38.8).
How long is the commute in Orono?
The average commute to work in Orono is 25 minutes; 31.5% of workers work from home.
What is the unemployment rate in Orono?
The unemployment rate in Orono is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Orono?
72% of adults in Orono 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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