Moving to Mankato, MN

A complete guide to the metro

Should you move to Mankato, MN?

Mankato, MN is home to 103,566 residents. Over the past decade, Mankato has seen not available population of na%, making it #na out of 392 US Metros in population growth.

The primary occupations in Mankato, MN are Management, business, science, and arts occupations, followed by Sales and office occupations, earning a median revenue of $37,547. The median household income in Mankato, MN is $70,130, ranking it #106.

Taking household income and the median home price of $359,900 into consideration, Mankato, MN received a home affordability grade of A.

Who is Mankato, MN for?

Based on the aged population, plus factors like weather and affordability, Mankato is Not great for retirees. Families are 59.1% of households, which is one consideration for why this Metro is okay for families —  C grade — and okay for singles — scoring a C.

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How Does Mankato Rank?

D
Retirement
F
Diversity
C
Professionals
C
Raising a Family
A
Affordable Living

Who Lives in Mankato?

Discover more about the people who make up the Metro

Total Population

103,566

10-Year Change

na%

F
Diversity Grade
White alone
86.3%
Black or African American alone
3.4%
American Indian and Alaska Native alone
0.5%
Asian alone
2.1%
Native Hawaiian and Other Pacific Islander alone
0%
Hispanic or Latino
4.6%

Total Households

40,715

Per Household

2.35

Men vs. Women
Female 48.4%
D
Retirement
C
Raising a Family
Under 5 years
4.6%
Under 18 years
20.4%
Over 65 years
15.8%

How does Mankato compare?

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Housing in Mankato

Buying or renting? Here’s more about real estate in the Metro

Total Households

Own vs. Rent

Own 65.4%
Rent 34.6%

Typical Age of Homes

2000 to 2009

Common Residence Type

single-family homes

Median Home Price (Q1 2023)

$359,900

Median Square Footage

2,454

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Monthly Mortgage (Median)

$1,427

Annual Property Taxes (Median)

$2,444

Moving advice

Increase your odds of a quick sale, earning more money, or saving your rental deposit by . A study by HomeLight found home sellers who invest in cleaners earned $3,700 more.

Cost of Living in Minnesota

How Does Minnesota Compare?

26
in Cost of Living
22
in Minimum Wage
34
in Living Wage

Minnesota State Taxes

Don't forget!

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Renter’s insurance protects you, your guests, and your things. Lemonade offers renters insurance plans for as low as $5 per month.

Should you move to Minnesota?

Minnesota, the Land of 10,000 Lakes, is a place of stunning natural beauty, hearty resilience, and innovative industries. Famous for its friendly residents, numerous recreational opportunities, and high quality of life, Minnesota offers a wholesome, well-rounded lifestyle.

Minnesota’s economy is robust and balanced, with significant contributions from healthcare, manufacturing, retail, and technology. The Minneapolis-St. Paul metro area, also known as the Twin Cities, is a bustling hub for business and the arts.

Living in Minnesota offers a range of experiences. Enjoy the vibrant cultural scene in Minneapolis, the historic charm of St. Paul, or the outdoor adventures offered by the state’s numerous lakes and parks. Whether you’re fishing on Lake Superior, biking around Minneapolis, or enjoying the arts scene in the Walker Art Center, there’s something for everyone.

Education is highly valued in Minnesota, with high-quality public schools and renowned higher education institutions like the University of Minnesota and Carleton College.

So, if you’re looking for a state that offers an active lifestyle, a diversified economy, and a commitment to education, Minnesota might be a perfect fit. Just remember to invest in a good winter coat and prepare to become a hockey fan!

Need some help with your move?

Moving labor can be hired by the hour, helping you budget for the heavy stuff or your entire move.

Mankato Economy

The industries, jobs, and economics of the Metro

Median Household Income

$70,130

US Average $74,580

Per Capita Income

$34,816

How does Mankato compare?

Primary Occupations

Management, business, science, and arts occupations

Secondary Occupations

Sales and office occupations

Is Mankato Safe?

How much crime is in the Metro?

Total Crimes (2022)

4790

Crime Rate

Per 100,000 residents

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