Median Income
$84,000
12% higher than US avg
Home Value
$500,000
77% higher than US avg
Bachelor's+
6.5%
81% lower than US avg
Median Rent
$990
15% lower than US avg
Unemployment
5.5%
53% higher than US avg
Poverty Rate
10.7%
14% lower than US avg
How Minto Compares to the U.S. Average (100% = U.S. avg)
People
Population9,094
Median Age40.8 yrs
Density79/mi²
Male / Female49% / 51%
Largest GroupWhite 96%
Economy
B+
Median Income$84,000
Per Capita$44,920
Unemployment5.5%
Poverty10.7%
Commute29 min
Housing
B
Home Value$500,000
Rent$990
OwnershipN/A
Housing Units3,415
Rent Burden14.3%
Climate
Avg TempN/A
Elevation587 ft (179 m)
Education
D
Bachelor's+6.5%
High School+34.2%
Graduate+1.8%
Is Minto a Good Place to Live?
Based on current data, Minto receives an overall livability score of 2.9 out of 5.0, earning a grade of C+. Key strengths include above-average household incomes. Areas to be aware of include high housing costs, above-average unemployment. Minto has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Minto is $84,000, 12% above the national average of $75,149. Residents generally enjoy above-average earning potential. The unemployment rate of 5.5% is somewhat elevated compared to the national rate of 3.6%. 10.7% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 29 minutes.
Cost of Living & Housing
The median home value in Minto is $500,000, making it a premium housing market at 77% above the U.S. median of $281,900. Renters pay a median of $990 per month, below the national average — a plus for affordability. The price-to-income ratio of 6x means housing costs are stretched relative to local earnings.
Education
6.5% of residents hold a bachelor's degree, below the national average of 33.7%. 34.2% have completed high school.
Minto has a population of 9,094 with a density of 79 people per square mile. The median age is 40.8 years, 5% older than the national median of 38.9. The city is predominantly White (95.6%), with 3.2% Asian.
Population
40.8yrs
Median Age
5% above US avg
Language Spoken at Home
| English Only | 86.2% |
| 10% above US avg |
| Spanish | 0.6% |
| 96% below US avg |
| Other Languages | 13.3% |
The median household income in Minto is $84,000, which is 12% above the national average of $75,149. The unemployment rate is 5.5% (above the 3.6% US average). 10.7% of residents live below the poverty line. Workers commute an average of 29 minutes.
Income
| Median HH Income | $84,000 |
| 12% above US avg |
| Per Capita Income | $44,920 |
Employment & Poverty
| Unemployment | 5.5% |
| 53% above US avg |
| Poverty Rate | 10.7% |
| 14% below US avg |
Commute & Transportation
| Commute Time | 28.5 min |
| Drive Alone | 83.0% |
| Public Transit | 0.5% |
| Work from Home | 19.8% |
The median home value in Minto is $500,000, 77% above the national average. Monthly rent averages $990 (15% below US avg).
Home Values
| Census Median | $500,000 |
| 77% above US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $990 |
| 15% below US avg |
| Rent Burden | 14.3% |
Ownership & Property
| Owner-Occupied | 76.1% |
| Renter-Occupied | 23.9% |
| Housing Units | 3,415 |
Property Tax