Living in Tracy, Minnesota
Cost of living, income, home prices, rent and demographics of Tracy · Census data 2020–2024
Tracy has 2,057 residents with a median age of 41.2. The median household income is $67,788 (24% lower than the Minnesota median), the median home value is $113,400, the median rent is $697/month.
Tracy at a glance
- Population
- 2,057
- Median age
- 41.2State: 38.8
- Median household income
- $67,788State: $89,062
- Median home value
- $113,400State: $329,300
- Median rent
- $697/moState: $1,280
- Homeowners
- 79.9%
- Bachelor's degree or higher
- 15.1%
- Average commute
- 22 min
Is Tracy a good place to live?
Pros: Home values 66% lower than the state median; an average commute of 22 minutes; unemployment of 0.6%.
Cons: Median household income 24% lower than the Minnesota median; a poverty rate of 9.9%.
The weather is best in June to September.
Cost of living in Tracy
Housing is the biggest part of the cost of living. In Tracy the median home value is $113,400, 66% lower than the U.S. median. Renters pay a median of $697 per month, which is 19.3% of household income. Homeowners with a mortgage pay $1,238 a month in housing costs.
Tracy median household income
The median household income in Tracy is $67,788 and the income per person is $28,054. 9.9% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Tracy: homes for sale and rent
- Housing units
- 897
- Owner-occupied
- 79.9%
- Renter-occupied
- 20.1%
- Vacant
- 15.7%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.62
Tracy demographics
- Population
- 2,057
- Median age
- 41.2
- Under 18
- 24.7%
- 65 and older
- 19.5%
- Households
- 756
- Foreign-born
- 17.1%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Tracy ›
Education in Tracy
15.1% of adults 25 and older in Tracy have a bachelor's degree or higher (Minnesota: 39.4%), and 3.4% have a graduate or professional degree.
Jobs and commute in Tracy
- Unemployment rate
- 0.6%State: 4.1%
- Average commute
- 22 minState: 23 min
- Work from home
- 10%
- Drive alone
- 77.4%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 86.6%
Tracy vs nearby towns
More for people moving to Tracy
Tracy ZIP code ›Weather and climate ›Living in Tracy: FAQ
What is the median household income in Tracy, MN?
The median household income in Tracy is $67,788, 24% 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 Tracy?
The median home value in Tracy is $113,400, compared with $329,300 in Minnesota.
How much is rent in Tracy?
The median gross rent in Tracy is $697 per month, about 19.3% of household income.
Is Tracy, MN a good place to live?
Pluses: home values 66% lower than the state median; an average commute of 22 minutes; unemployment of 0.6%. Minuses: median household income 24% lower than the Minnesota median; a poverty rate of 9.9%.
What is the median age in Tracy?
The median age in Tracy is 41.2 years (Minnesota: 38.8).
How long is the commute in Tracy?
The average commute to work in Tracy is 22 minutes; 10% of workers work from home.
What is the unemployment rate in Tracy?
The unemployment rate in Tracy is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tracy?
15.1% of adults in Tracy 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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