Nicollet, MN
Full City Profile · Minnesota · Nicollet County County
Nicollet, MN
At a Glance
How Nicollet Compares to the U.S. Average
Each bar shows Nicollet's value as a percentage of the national average (100% = U.S. avg)
Is Nicollet a Good Place to Live?
Economy & Jobs
Nicollet residents earn a median household income of $80,500 , which is 7% above the national average of $75,149. Per capita income is $39,924. The unemployment rate stands at 0.8% (78% below the U.S. rate of 3.6%). 1.3% of residents live below the poverty line. The area is home to 849 business establishments, including 55 restaurants.
Housing & Cost of Living
The median home value in Nicollet is $214,100 , 24% below the national median of $281,900. Zillow estimates the typical home at $328,900. Median rent is $862/month, with 24.1% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1981.
Education
18.2% of adults in Nicollet hold a bachelor's degree or higher (46% below the national average). 92.7% have completed high school. Local schools score 6.9/10 in standardized testing.
Climate & Weather
Nicollet has an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 71°F in July. Annual precipitation totals 32.8 inches.