What percentage of people rent in North Mankato, MN?

30.3% (±4.2 points) of the occupied homes in North Mankato, MN are rented (2020–2024 American Community Survey).

That is 1,795 renting households against 4,132 that own their home.

In North Mankato, the share of households that rent went from 28.1% in 2015–2019 to 30.3% in 2020–2024 (+2.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
30.3% (±4.2 points)
Renting households
1,795 (±259)
Median renter income
$49,631 (±$9,243)

Who rents and who owns in North Mankato

Tenure, estimate (90% margin of error)
North MankatoNicollet CountyMinnesotaUnited States
Renter-occupied share30.3% (±4.2 points)27.8% (±2.2 points)27.8% (±0.2 points)34.8%
Renting households1,795 (±259)3,613 (±286)641,268 (±4,528)45,017,354
Owning households4,132 (±293)9,389 (±317)1,666,687 (±7,556)84,210,142
Average renter household size1.9 (±0.3)1.9 (±0.1)2.0 (±0.0)2.3
Average owner household size2.6 (±0.1)2.6 (±0.1)2.6 (±0.0)2.6
Median renter household income$49,631 (±$9,243)$45,901 (±$3,420)$51,080 (±$531)$52,966
Median owner household income$98,919 (±$8,610)$102,658 (±$6,676)$108,214 (±$476)$100,009

In North Mankato, the renter share is not measurably different from Nicollet County (27.8%).

It is not measurably different from Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Nicollet County, North Mankato ranks 3 of 18 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 259 of 2,628.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in North Mankato has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent28.1% (±2.5 points)30.3% (±4.2 points)+2.2 percentage pointsNot a measurable change
Median gross rent$818 (±$42)$973 (±$35)+18.9%No measurable change after inflation
Median household income$67,278 (±$6,612)$80,791 (±$6,259)+20.1%No measurable change 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.

Households that rent in places near North Mankato

Nearest places with a published estimate, compared with North Mankato
PlaceDistanceHouseholds that rentCompared with this place
North Mankato—30.3% (±4.2 points)—
Belgrade Township2.7 mi8.1% (±5.2 points)Lower
Skyline2.9 mi7.1% (±9.2 points)Lower
Mankato3.3 mi50.0% (±2.1 points)Higher
South Bend Township3.9 mi30.4% (±8.4 points)Not measurably different
Lime Township5.0 mi13.6% (±6.1 points)Lower
Mankato Township6.5 mi7.4% (±4.6 points)Lower
Judson Township7.7 mi8.7% (±4.7 points)Lower
Eagle Lake8.0 mi35.6% (±6.7 points)Not measurably different

Nearby places with a measurably lower figure: Belgrade Township, MN (8.1%), Skyline, MN (7.1%), Lime Township, MN (13.6%).

Nearby places with a measurably higher figure: Mankato, MN (50.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Nicollet County, place by place

RankPlaceHouseholds that rent
1St. Peter35.1% (±3.9 points)
2Nicollet34.3% (±8.9 points)
3North Mankato30.3% (±4.2 points)
4Brighton Township21.2% (±16.8 points)
5Traverse Township19.4% (±19.1 points)
6New Sweden Township18.8% (±16.2 points)
7Lafayette15.9% (±7.2 points)
8Courtland14.4% (±10.6 points)
9Granby Township12.5% (±10.4 points)

Showing 9 of 18 places in Nicollet County, ranked from highest to lowest.

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in North Mankato

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Questions about North Mankato

How many renters are there in North Mankato?

North Mankato has an estimated 1,795 (±259) renting households, 30.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in North Mankato?

In North Mankato, the share of households that rent went from 28.1% in 2015–2019 to 30.3% in 2020–2024 (+2.2 percentage points), not a measurable change.

How big are renting households in North Mankato?

A renting household in North Mankato has 1.9 people on average, against 2.6 in an owned home.

How much do renters earn in North Mankato?

The median renting household in North Mankato, MN has an income of $49,631 (±$9,243) a year, against $98,919 for households that own their home.

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) and detailed tables (acs/acs5) for North Mankato city, Minnesota (place:47068, in state:27).

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

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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