Living in Randolph, Minnesota
Cost of living, income, home prices, rent and demographics of Randolph · Census data 2020–2024
Randolph has 461 residents with a median age of 40.5. The median household income is $104,286 (17% higher than the Minnesota median), the median home value is $291,000, the median rent is $1,563/month.
Randolph is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Randolph at a glance
- Population
- 461
- Median age
- 40.5State: 38.8
- Median household income
- $104,286State: $89,062
- Median home value
- $291,000State: $329,300
- Median rent
- $1,563/moState: $1,280
- Homeowners
- 79.2%
- Bachelor's degree or higher
- 24.5%
- Average commute
- 28 min
Is Randolph a good place to live?
Pros: Median household income 17% higher than the Minnesota median; home values 12% lower than the state median; a poverty rate of 4.8%.
Cons: An average commute of 28 minutes; unemployment of 8.6%.
The weather is best in June to September.
Cost of living in Randolph
Housing is the biggest part of the cost of living. In Randolph the median home value is $291,000, 13% lower than the U.S. median. Renters pay a median of $1,563 per month, which is 17.9% of household income. Homeowners with a mortgage pay $1,775 a month in housing costs.
Randolph median household income
The median household income in Randolph is $104,286 and the income per person is $40,373. 4.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Randolph: homes for sale and rent
- Housing units
- 194
- Owner-occupied
- 79.2%
- Renter-occupied
- 20.8%
- Vacant
- 8.2%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.59
Randolph demographics
- Population
- 461
- Median age
- 40.5
- Under 18
- 25.2%
- 65 and older
- 15.6%
- Households
- 178
- Foreign-born
- 1.5%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Randolph ›
Education in Randolph
24.5% of adults 25 and older in Randolph have a bachelor's degree or higher (Minnesota: 39.4%), and 7.3% have a graduate or professional degree.
Jobs and commute in Randolph
- Unemployment rate
- 8.6%State: 4.1%
- Average commute
- 28 minState: 23 min
- Work from home
- 4.1%
- Drive alone
- 83%
- Public transit
- 1.7%
- Walk to work
- 7.9%
- Homes with broadband
- 92.7%
Randolph vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Randolph | 461 | $104,286 | $291,000 | $1,563 |
| Cannon Falls | 4,227 | $84,097 | $263,300 | $1,161 |
| Hampton | 590 | $109,545 | $318,300 | $1,083 |
| Dennison | 223 | $55,000 | $211,400 | $1,750 |
| Northfield | 20,742 | $84,895 | $329,400 | $1,103 |
| Vermillion | 399 | $107,188 | $319,300 | $1,208 |
| Miesville | 125 | $95,500 | $348,200 | — |
| Empire | 3,092 | $147,700 | $469,500 | $2,052 |
| Dundas | 1,916 | $116,310 | $325,800 | $1,875 |
More for people moving to Randolph
Randolph ZIP code ›Weather and climate ›Living in Randolph: FAQ
What is the median household income in Randolph, MN?
The median household income in Randolph is $104,286, 17% 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 Randolph?
The median home value in Randolph is $291,000, compared with $329,300 in Minnesota.
How much is rent in Randolph?
The median gross rent in Randolph is $1,563 per month, about 17.9% of household income.
Is Randolph, MN a good place to live?
Pluses: median household income 17% higher than the Minnesota median; home values 12% lower than the state median; a poverty rate of 4.8%. Minuses: an average commute of 28 minutes; unemployment of 8.6%.
What is the median age in Randolph?
The median age in Randolph is 40.5 years (Minnesota: 38.8).
How long is the commute in Randolph?
The average commute to work in Randolph is 28 minutes; 4.1% of workers work from home.
What is the unemployment rate in Randolph?
The unemployment rate in Randolph is 8.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Randolph?
24.5% of adults in Randolph 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.
Last updated: