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Dayton, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Dayton, Minnesota had a total population of 9,095, the 109th largest city in Minnesota, with a median household income of $148,947, which is 67% higher than the state average. The poverty rate is 3.0%.

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

Key Takeaways

Dayton Quick Facts

Population 9,095
Median Household Income $148,947
Median Home Value $511,300
Poverty Rate 3.0%
Unemployment Rate 1.9%
Median Age 40.2 years
Homeownership Rate 93.0%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 44.0%
High School Graduation Rate 91.8%
Diversity Index 40/100
Population 9,095 109th of 914
Median Income $148,947 top 10%
Poverty Rate 3.0% 76% lower than national
Median Home Value $511,300 top 10%

How Dayton 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
Population8,3819,095+8.5%
Median household income$137,383$148,947+8.4%
Median home value$510,600$511,300+0.1%

How Dayton Compares

Economy & Housing

Household Income Distribution

Under $25K 4.7%
$25K-$50K 2.6%
$50K-$100K 22.5%
$100K+ 70.2%
Detailed income brackets
Under $10K
1.6%
$10K-$15K
0.7%
$15K-$20K
2.0%
$20K-$25K
0.4%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
1.3%
$40K-$45K
0.8%
$45K-$50K
0.5%
$50K-$60K
6.9%
$60K-$75K
6.8%
$75K-$100K
8.8%
$100K-$125K
12.2%
$125K-$150K
9.1%
$150K-$200K
14.0%
$200K+
34.8%

Employment

1.9% Unemployment Rate State: 4.1%|National: 5.2%
78.8% Labor Force Participation

Housing Overview

Owner 93.0%
Renter 7.0%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $1,651/mo 13.3% of median household income annually

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Dayton Rankings in Minnesota

#109 Population of 914
#26 Median Income of 887
#87 Education of 914
#33 Home Value of 870

Other Cities in Hennepin County

CityPopulationMedian IncomePovertyHome Value
Minneapolis 427,246 $80,846 16.0% $362,200
Bloomington 88,665 $93,211 9.2% $361,700
Brooklyn Park 83,876 $89,891 9.5% $336,200
Plymouth 79,220 $136,534 4.3% $491,200
Maple Grove 71,173 $132,731 4.0% $418,300
Eden Prairie 63,051 $130,489 4.6% $473,900
Edina 53,262 $128,767 4.7% $646,300
Minnetonka 53,064 $119,517 5.9% $475,800
St. Louis Park 49,594 $101,648 6.9% $386,800
Richfield 36,642 $85,132 8.2% $344,000

Cities Similar to Dayton

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Minnetrista8,708$163,051$658,30068.5%8.8%
Arden Hills9,658$134,118$441,90062.4%4.7%
Oak Grove9,130$117,696$423,30027.0%1.7%
Albertville8,207$132,734$343,70044.7%1.1%
Orono8,195$173,527$1,004,50072.0%6.2%

Population Overview

Dayton is a small city located in Minnesota, within Hennepin County. The total population is 9,095. It ranks as the 109th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Dayton is 40.2 years. This is 4% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Dayton is $148,947. This is 67% higher than the state median of $89,062. It is also 84% higher than the national median of $80,734. The poverty rate stands at 3.0%. This is 68% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.9%. This is 53% lower than the state rate of 4.1%. The median home value is $511,300. Housing costs are 55% higher than the state median of $329,300. The home-value-to-income ratio is 3.4x. 93.0% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Dayton is White (non-Hispanic), making up 76.7% of the population. Hispanic or Latino residents account for 5.9%. The Asian population (2.4%) is well below the state average of 5.1%.

Education

44.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Dayton in the top 10% of all cities in the state for educational attainment. This is 12% higher 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 91.8%.

Data Sources & Methodology

All demographic data for Dayton, 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 Dayton, Minnesota?

Dayton, Minnesota has a population of 9,095 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Dayton, MN?

The median household income in Dayton is $148,947, which is 84% higher than the national median of $80,734.

What is the poverty rate in Dayton, MN?

The poverty rate in Dayton is 3.0%. This means approximately 274 residents live below the federal poverty line.

What is the racial makeup of Dayton, Minnesota?

Dayton's population is 76.7% White, 5.2% Black, 5.9% Hispanic/Latino, and 2.4% Asian.

What is the median home value in Dayton, MN?

The median home value in Dayton is $511,300. The home-value-to-income ratio is 3.4x.

How educated is Dayton, Minnesota?

44.0% of adults (25+) in Dayton hold a bachelor's degree or higher, and 11.4% hold a graduate or professional degree.