At a Glance
Median Income
$51,250
$40,365 per capita
Home Value
$53,900
Zillow: $103,940
Median Rent
$533/mo
28.4% of income on rent
Bachelor's Degree+
18.7%
93.8% high school+
Unemployment
0.0%
3.0% poverty rate
Obesity Rate
39.8%
19.2% smoking rate
How Mankato Compares to the U.S. Average
Each bar shows Mankato's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Mankato a Good Place to Live?
B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Mankato residents earn a median household income of $51,250 , which is 32% below the national average of $75,149.
Per capita income is $40,365. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 3.0% of residents live below the poverty line. The area is home to 110 business establishments, including 7 restaurants.
Housing & Cost of Living
The median home value in Mankato is $53,900 , 81% below the national median of $281,900.
Zillow estimates the typical home at $103,940. Median rent is $533/month, with 28.4% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1951.
Education
18.7% of adults in Mankato hold a bachelor's degree or higher
(45% below the national average).
93.8% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Mankato has an average annual temperature of 52°F (11°C).
Winters average 26°F in January while summers reach 78°F in July. Annual precipitation totals 28.3 inches.
Data Overview
People
Population801
Median Age56.6 yrs
Density817/mi²
Male / Female45% / 55%
Foreign Born4.1%
Veterans11.2%
Economy
A
Median Income$51,250
Per Capita$40,365
Unemployment0.0%
Poverty3.0%
County GDP$143M
Avg Weekly Wage$699
Housing
A+
Home Value$53,900
Rent$533
Ownership76.2%
Zillow$103,940
Housing Units515
Rent Burden28.4%
Health
Obesity39.8%
Diabetes10.8%
Smoking19.2%
Heart Disease6.4%
Premature Death6,581/100K
Climate
Avg Temp52°F
Rain28.3 in/yr
Elevation1,765 ft
Education
C
Bachelor's+18.7%
High School+93.8%
Graduate+8.0%
School Score6.3/10
Community
2024 VoteR 87% / D 11%
Commute12 min
Broadband80.3%
Internet Speed127 Mbps
Libraries5
Did You Know?
The median home in Mankato was built in 1951.
The nearest airport is Salina Regional (75 miles).
The Gini coefficient (income inequality) is 0.497 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
24.1% of the population has a disability.
Average internet download speed is 127 Mbps.
The county recorded 1 fatal vehicle crashes.