Nerstrand, MN

Full City Profile · Minnesota · Rice County County

4.0 /5.0
A Great
210 Population 149/sq mi density
$83,125 Median Income $41,877 per capita
$194,000 Home Value $421,482 Zillow
45°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.7 / 5.0
$83,125 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$194,000 home value, /mo rent
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher

Nerstrand, MN

At a Glance

Median Income
$83,125
11% above
$41,877 per capita
Home Value
$194,000
31% below
Zillow: $421,482
Bachelor's Degree+
15.9%
53% below
92.4% high school+
Unemployment
0.8%
78% below
3.4% poverty rate
Obesity Rate
36.4%
13% above
13.4% smoking rate
Avg Temperature
45°F

How Nerstrand Compares to the U.S. Average

Each bar shows Nerstrand's value as a percentage of the national average (100% = U.S. avg)

Income
111%
Home Value
69%
Poverty
27%
Bachelor's
47%
Unemployment
22%
Thin vertical line = U.S. national average (100%)

Is Nerstrand a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Nerstrand residents earn a median household income of $83,125 , which is 11% above the national average of $75,149. Per capita income is $41,877. The unemployment rate stands at 0.8% (78% below the U.S. rate of 3.6%). 3.4% of residents live below the poverty line. The area is home to 1,786 business establishments, including 136 restaurants.

Housing & Cost of Living

The median home value in Nerstrand is $194,000 , 31% below the national median of $281,900. Zillow estimates the typical home at $421,482. The cost of living index is 98.6 (100 = national average). The median home was built in 1938.

Education

15.9% of adults in Nerstrand hold a bachelor's degree or higher (53% below the national average). 92.4% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Nerstrand has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 71°F in July. Annual precipitation totals 35.5 inches.

Data Overview

People

Population210
Median Age40.0 yrs
Density149/mi²
Male / Female58% / 42%
Foreign Born0.5%
Veterans4.9%

Economy

A+
Median Income$83,125
Per Capita$41,877
Unemployment0.8%
Poverty3.4%
County GDP$4,083M
Avg Weekly Wage$1,165

Housing

A+
Home Value$194,000
Rent
Ownership94.7%
Zillow$421,482
Housing Units100
Rent Burden35.8%

Health

Obesity36.4%
Diabetes8.0%
Smoking13.4%
Heart Disease4.8%
Premature Death5,294/100K

Climate

Avg Temp45°F
Rain35.5 in/yr
Elevation1,181 ft

Education

C
Bachelor's+15.9%
High School+92.4%
Graduate+4.6%
School Score6.0/10

Community

2024 VoteR 50% / D 48%
Commute21 min
Broadband90.4%
Internet Speed155 Mbps
EV Stations12
Libraries3

Did You Know?

The median home in Nerstrand was built in 1938.
The nearest airport is Owatonna Degner Regional (18 miles).
The Gini coefficient (income inequality) is 0.433 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
11.9% of the population has a disability.
Average internet download speed is 155 Mbps.
There are 136 restaurants in the area.
The county recorded 4 fatal vehicle crashes.