Median Household Income
$66,873 ± $3,705
Median Home Value
$261,700 ± $9,743
Median Gross Rent
$1,132 ± $57/mo
Per Capita Income
$33,811
Poverty Rate
20.6%
Unemployment Rate
6.0%
Homeownership Rate
50.0%
Bachelor's Degree or Higher
35.1%
Median Age
26.5
Average Commute
13 min
Households
18,075
Veterans
1,353
Population Over Time
Mankato grew 14.1% from 2014 to 2024.
2014
39,871
2016
40,900
2018
41,701
2020
42,685
2022
44,444
2024
45,473
Population by Race & Ethnicity
White
82.0%
Hispanic or Latino
5.2%
Black or African American
7.1%
Asian
3.4%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.