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.

Median home value

Orono$1,004,500
Minnesota$329,300
United States$332,700

Median monthly rent

Orono$1,818
Minnesota$1,280
United States$1,413

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%).

Median household income

Orono$173,527
Minnesota$89,062
United States$80,734

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+

Race and ethnicity

White83.7%
Hispanic or Latino0.8%
Black0.3%
Asian6.6%

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.

Bachelor's degree or higher

Orono72%
Minnesota39.4%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Orono8,195$173,527$1,004,500$1,818
Village of Minnetonka Beach469$250,001$2,000,001—
Long Lake1,728$109,063$422,600$1,809
Spring Park1,896$48,315$661,600$1,241
Tonka Bay1,270$156,458$917,100$2,320
Woodland477$190,000$1,185,300—
Deephaven3,793$197,679$935,900—
Wayzata4,354$131,614$1,153,400$1,782
Greenwood699$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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