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Austin, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Austin, Minnesota had a total population of 26,358, the 41st largest city in Minnesota, with a median household income of $68,057, which is 24% lower than the state average. The poverty rate is 12.5%.

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

Key Takeaways

Austin Quick Facts

Population 26,358
Median Household Income $68,057
Median Home Value $163,900
Poverty Rate 12.5%
Unemployment Rate 4.5%
Median Age 36.2 years
Homeownership Rate 71.5%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 23.6%
High School Graduation Rate 84.8%
Diversity Index 57/100
Population 26,358 41st of 914
Median Income $68,057 average
Poverty Rate 12.5% about the same as national
Median Home Value $163,900 average

How Austin 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
Population26,16726,358+0.7%
Median household income$66,488$68,057+2.4%
Median home value$155,100$163,900+5.7%

How Austin Compares

Economy & Housing

Household Income Distribution

Under $25K 14.6%
$25K-$50K 20.9%
$50K-$100K 35.4%
$100K+ 29.1%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
2.7%
$15K-$20K
3.4%
$20K-$25K
5.2%
$25K-$30K
2.6%
$30K-$35K
4.5%
$35K-$40K
3.2%
$40K-$45K
4.4%
$45K-$50K
6.2%
$50K-$60K
9.3%
$60K-$75K
12.2%
$75K-$100K
14.0%
$100K-$125K
11.5%
$125K-$150K
7.3%
$150K-$200K
6.3%
$200K+
4.1%

Employment

4.5% Unemployment Rate State: 4.1%|National: 5.2%
62.7% Labor Force Participation

Housing Overview

Owner 71.5%
Renter 28.5%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $953/mo 16.8% of median household income annually

People & Demographics

Diversity Index

57out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 41 | National average: 61

Education

Austin Rankings in Minnesota

#41 Population of 914
#464 Median Income of 887
#356 Education of 914
#480 Home Value of 870

Other Cities in Mower County

CityPopulationMedian IncomePovertyHome Value
Grand Meadow 1,011 $72,125 4.3% $188,000
Brownsdale 850 $77,614 6.4% $148,600
Le Roy 803 $54,485 12.9% $122,800
Adams 745 $93,594 6.1% $170,700
Lyle 504 $58,269 11.7% $111,800
Rose Creek 429 $81,875 7.2% $150,000
Racine 416 $97,788 2.2% $260,000
Dexter 350 $93,750 14.9% $185,900
Waltham 182 $69,167 10.4% $95,000
Lansing 152 $44,063 21.5% N/A

Cities Similar to Austin

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Owatonna26,498$80,750$245,20029.3%9.2%
Winona26,009$56,337$201,80036.3%23.1%
Faribault24,631$61,449$241,50017.6%16.4%
White Bear Lake23,908$83,554$331,80041.7%7.0%
Fridley30,241$77,680$302,90030.0%11.9%

Population Overview

Austin is a mid-sized community located in Minnesota, within Mower County. The total population is 26,358. It ranks as the 41st most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Austin is 36.2 years. This is 7% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Austin is $68,057. This is 24% lower than the state median of $89,062. It is also 16% lower than the national median of $80,734. The poverty rate stands at 12.5%. This is 35% higher than the state poverty rate of 9.3%. The unemployment rate is 4.5%. This is 10% higher than the state rate of 4.1%. The median home value is $163,900. Housing costs are 50% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.4x, Austin is one of the most affordable housing markets in the area. 71.5% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Austin is White (non-Hispanic), making up 61.9% of the population. Hispanic or Latino residents account for 18.7%. The Hispanic or Latino population is significantly higher than the state average (18.7% vs 6.4%). The Asian population is significantly higher than the state average (9.2% vs 5.1%).

Education

23.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% 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 84.8%.

Data Sources & Methodology

All demographic data for Austin, 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.

Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Austin, Minnesota?

Austin, Minnesota has a population of 26,358 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Austin, MN?

The median household income in Austin is $68,057, which is 16% lower than the national median of $80,734.

What is the poverty rate in Austin, MN?

The poverty rate in Austin is 12.5%. This means approximately 3,227 residents live below the federal poverty line.

What is the racial makeup of Austin, Minnesota?

Austin's population is 61.9% White, 5.1% Black, 18.7% Hispanic/Latino, and 9.2% Asian.

What is the median home value in Austin, MN?

The median home value in Austin is $163,900. The home-value-to-income ratio is 2.4x.

How educated is Austin, Minnesota?

23.6% of adults (25+) in Austin hold a bachelor's degree or higher, and 9.5% hold a graduate or professional degree.