Is Mankato, MN growing?

Mankato, MN had an estimated 45,473 (±51) residents in 2020–2024, against 42,093 in 2015–2019.

That is a change of +8.0%, a measurable increase.

Its housing went from 17,806 to 19,529 homes (+9.7%), a measurable increase.

2.8% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
45,473 (±51)
Amount of change
+8.0%
Homes change
+9.7%
Built 2020 or later
2.8%

Residents and homes in Mankato, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents42,093 (±87)45,473 (±51)+8.0%Measurable increase
Housing units17,806 (±281)19,529 (±229)+9.7%Measurable increase
Households that rent49.9% (±2.0 points)50.0% (±2.1 points)+0.1 percentage pointsNot a measurable change
Median gross rent$899 (±$34)$1,132 (±$57)+25.9%No measurable change after inflation
Median home value$179,400 (±$5,288)$261,700 (±$9,743)+45.9%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Mankato against Blue Earth County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Mankato+8.0%Measurable increase+9.7%
Blue Earth County+4.6%Measurable increase+5.1%
Minnesota+3.2%Measurable increase+4.4%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Mankato

Housing units by year built, 2020–2024
Year builtMankatoBlue Earth CountyMinnesotaUnited States
2020 or later2.8% (±1.0 points)2.2%1.9%2.0%
2010 to 201914.1% (±2.1 points)11.9%8.5%9.4%
2000 to 200917.3% (±2.0 points)15.6%13.3%13.6%

16.9% of the homes in Mankato were built in 2010 or later.

The median age of residents is 26.5 years.

Growth in places near Mankato

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Mankato—45,473+8.0%Measurable increase
North Mankato3.3 mi14,211+3.1%Measurable increase
Lime Township3.5 mi889−14.8%Not a measurable change
Skyline3.5 mi307+10.8%Not a measurable change
Mankato Township3.6 mi1,748+2.9%Not a measurable change
Eagle Lake4.7 mi3,281+9.1%Measurable increase
Belgrade Township5.1 mi1,137+6.2%Not a measurable change
South Bend Township6.2 mi1,458−10.4%Not a measurable change
Le Ray Township7.8 mi780+3.6%Not a measurable change

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Mankato

Is Mankato growing?

Mankato, MN had an estimated 45,473 residents in 2020–2024 and 42,093 in 2015–2019, a change of +8.0%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Mankato?

The estimated number of housing units went from 17,806 in 2015–2019 to 19,529 in 2020–2024 (+9.7%), a measurable increase.

How much new construction is there in Mankato?

2.8% of homes in Mankato were built in 2020 or later and 14.1% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mankato city, Minnesota (place:39878, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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