Racine, MN

Full City Profile · Minnesota · Mower County County

4.2 /5.0
A Great
476 Population 710/sq mi density
$95,125 Median Income $42,497 per capita
$239,500 Home Value $388,531 Zillow
$1,318 Median Rent 28.3% income on rent
45°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.9 / 5.0
$95,125 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$239,500 home value, $1,318/mo rent
C+
Education
2.7 / 5.0
21.0% bachelor's degree or higher

Racine, MN

At a Glance

Median Income
$95,125
27% above
$42,497 per capita
Home Value
$239,500
15% below
Zillow: $388,531
Median Rent
$1,318/mo
13% above
28.3% of income on rent
Bachelor's Degree+
21.0%
38% below
96.4% high school+
Unemployment
1.9%
47% below
5.8% poverty rate
Obesity Rate
36.0%
12% above
14.0% smoking rate
Avg Temperature
45°F

How Racine Compares to the U.S. Average

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

Income
127%
Home Value
85%
Rent
113%
Poverty
47%
Bachelor's
62%
Unemployment
53%
Thin vertical line = U.S. national average (100%)

Is Racine a Good Place to Live?

A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Racine residents earn a median household income of $95,125 , which is 27% above the national average of $75,149. Per capita income is $42,497. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 5.8% of residents live below the poverty line. The area is home to 900 business establishments, including 69 restaurants.

Housing & Cost of Living

The median home value in Racine is $239,500 , 15% below the national median of $281,900. Zillow estimates the typical home at $388,531. Median rent is $1,318/month, with 28.3% 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 1975.

Education

21.0% of adults in Racine hold a bachelor's degree or higher (38% below the national average). 96.4% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Racine has an average annual temperature of 45°F (7°C). Winters average 15°F in January while summers reach 71°F in July. Annual precipitation totals 34.7 inches.

Data Overview

People

Population476
Median Age39.2 yrs
Density710/mi²
Male / Female48% / 52%
Foreign Born0.0%
Veterans5.3%

Economy

A+
Median Income$95,125
Per Capita$42,497
Unemployment1.9%
Poverty5.8%
County GDP$2,995M
Avg Weekly Wage$1,174

Housing

A+
Home Value$239,500
Rent$1,318
Ownership90.1%
Zillow$388,531
Housing Units184
Rent Burden28.3%

Health

Obesity36.0%
Diabetes8.1%
Smoking14.0%
Heart Disease4.9%
Premature Death6,955/100K

Climate

Avg Temp45°F
Rain34.7 in/yr
Elevation1,298 ft

Education

C+
Bachelor's+21.0%
High School+96.4%
Graduate+6.1%
School Score5.4/10

Community

2024 VoteR 54% / D 44%
Commute24 min
Broadband95.3%
Internet Speed158 Mbps
EV Stations4
Libraries4

Did You Know?

The median home in Racine was built in 1975.
The nearest airport is Rochester International (9 miles).
The Gini coefficient (income inequality) is 0.419 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.3% of the population has a disability.
Average internet download speed is 158 Mbps.
The county recorded 4 fatal vehicle crashes.