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Ashby, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Ashby, Minnesota had a total population of 394, the 551st largest city in Minnesota, with a median household income of $63,333, which is 29% lower than the state average. The poverty rate is 13.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Ashby Quick Facts

Population 394
Median Household Income $63,333
Median Home Value $154,500
Poverty Rate 13.7%
Unemployment Rate 1.1%
Median Age 41.0 years
Homeownership Rate 69.9%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 24.3%
High School Graduation Rate 94.2%
Diversity Index 13/100
Population 394 551st of 914
Median Income $63,333 below average
Poverty Rate 13.7% 10% higher than national
Median Home Value $154,500 below average

How Ashby Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population411394-4.1%
Median household income$55,250$63,333+14.6%
Median home value$125,000$154,500+23.6%

How Ashby Compares

Economy & Housing

Household Income Distribution

Under $25K 18.1%
$25K-$50K 28.3%
$50K-$100K 22.3%
$100K+ 31.3%
Detailed income brackets
Under $10K
3.0%
$10K-$15K
3.6%
$15K-$20K
1.2%
$20K-$25K
10.2%
$25K-$30K
4.8%
$30K-$35K
8.4%
$35K-$40K
1.2%
$40K-$45K
8.4%
$45K-$50K
5.4%
$50K-$60K
3.0%
$60K-$75K
9.6%
$75K-$100K
9.6%
$100K-$125K
12.7%
$125K-$150K
9.0%
$150K-$200K
9.0%
$200K+
0.6%

Employment

1.1% Unemployment Rate State: 4.1%|National: 5.2%
61.8% Labor Force Participation

Housing Overview

Owner 69.9%
Renter 30.1%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $732/mo 13.9% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Ashby Rankings in Minnesota

#551 Population of 914
#551 Median Income of 887
#338 Education of 914
#530 Home Value of 870

Other Cities in Grant County

CityPopulationMedian IncomePovertyHome Value
Elbow Lake 1,301 $59,792 19.3% $126,900
Hoffman 730 $51,500 17.0% $161,800
Herman 441 $82,917 12.9% $106,300
Barrett 349 $60,000 7.7% $131,900
Wendell 186 $61,250 22.0% $82,500
Norcross 106 $118,056 0.0% N/A

Cities Similar to Ashby

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ponemah391N/A$123,6000.0%21.0%
Badger391$64,167$110,00017.6%14.9%
Altura388$61,563$206,00017.7%8.8%
Geneva387$61,500$182,50020.0%10.3%
Oklee383$62,188$122,00021.9%15.2%

A note before these figures: with a population of 394, Ashby's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Ashby is a small community located in Minnesota, within Grant County. The total population is 394. It ranks as the 551st most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Ashby is 41.0 years. This is 6% higher than the state median of 38.8 years. 17.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Ashby is $63,333. This is 29% lower than the state median of $89,062. It is also 22% lower than the national median of $80,734. The poverty rate stands at 13.7%. This is 47% higher than the state poverty rate of 9.3%. The unemployment rate is 1.1%. This is 73% lower than the state rate of 4.1%. The median home value is $154,500. Housing costs are 53% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.4x, Ashby is one of the most affordable housing markets in the area. 69.9% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 72.2%.

Race & Ethnicity

Ashby has a predominantly White (non-Hispanic) population, comprising 92.9% of all residents. Hispanic or Latino residents account for 5.6%.

Education

24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.2%.

Data Sources & Methodology

All demographic data for Ashby, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Ashby, Minnesota?

Ashby, Minnesota has a population of 394 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Ashby, MN?

The median household income in Ashby is $63,333, which is 22% lower than the national median of $80,734.

What is the poverty rate in Ashby, MN?

The poverty rate in Ashby is 13.7%. This means approximately 54 residents live below the federal poverty line.

What is the racial makeup of Ashby, Minnesota?

Ashby's population is 92.9% White, 0.0% Black, 5.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Ashby, MN?

The median home value in Ashby is $154,500. The home-value-to-income ratio is 2.4x.

How educated is Ashby, Minnesota?

24.3% of adults (25+) in Ashby hold a bachelor's degree or higher, and 6.2% hold a graduate or professional degree.