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Finlayson, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Finlayson, Minnesota had a total population of 267, the 632nd largest city in Minnesota, with a median household income of $68,500, which is 23% lower than the state average. The poverty rate is 18.4%.

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

Key Takeaways

Finlayson Quick Facts

Population 267
Median Household Income $68,500
Median Home Value $219,400
Poverty Rate 18.4%
Unemployment Rate 10.3%
Median Age 47.5 years
Homeownership Rate 73.0%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 23.2%
High School Graduation Rate 96.1%
Diversity Index 4/100
Population 267 632nd of 914
Median Income $68,500 average
Poverty Rate 18.4% 47% higher than national
Median Home Value $219,400 above average

How Finlayson 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
Population228267+17.1%
Median household income$63,750$68,500+7.5%
Median home value$175,000$219,400+25.4%

How Finlayson Compares

Economy & Housing

Household Income Distribution

Under $25K 15.9%
$25K-$50K 20.6%
$50K-$100K 42.9%
$100K+ 20.6%
Detailed income brackets
Under $10K
1.6%
$10K-$15K
1.6%
$15K-$20K
5.6%
$20K-$25K
7.1%
$25K-$30K
4.0%
$30K-$35K
13.5%
$35K-$40K
1.6%
$40K-$45K
1.6%
$45K-$50K
0.0%
$50K-$60K
10.3%
$60K-$75K
8.7%
$75K-$100K
23.8%
$100K-$125K
10.3%
$125K-$150K
2.4%
$150K-$200K
4.8%
$200K+
3.2%

Employment

10.3% Unemployment Rate State: 4.1%|National: 5.2%
54.2% Labor Force Participation

Housing Overview

Owner 73.0%
Renter 27.0%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $950/mo 16.6% of median household income annually

People & Demographics

Diversity Index

4out 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

Finlayson Rankings in Minnesota

#632 Population of 914
#456 Median Income of 887
#367 Education of 914
#317 Home Value of 870

Other Cities in Pine County

CityPopulationMedian IncomePovertyHome Value
Pine City 3,468 $52,056 12.4% $186,900
Sandstone 2,482 $51,875 25.2% $166,300
Rock Creek 1,748 $94,856 8.8% $318,200
Hinckley 1,596 $50,714 19.7% $182,800
Sturgeon Lake 568 $79,722 4.4% $210,200
Willow River 342 $58,125 13.8% $206,300
Askov 304 $31,250 24.3% $152,700
Rutledge 275 $65,000 14.4% $102,700
Brook Park 143 N/A 16.8% $104,700
Kerrick 64 $65,000 42.2% N/A

Cities Similar to Finlayson

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Grygla266$69,167$89,0008.2%9.0%
Greenwald270$72,625$149,20013.9%6.3%
Donnelly277$70,313$100,00015.7%10.5%
Rutledge275$65,000$102,70010.5%14.4%
Oslo260$63,750$79,60011.2%5.8%

A note before these figures: with a population of 267, Finlayson'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

Finlayson is a small community located in Minnesota, within Pine County. The total population is 267. It ranks as the 632nd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Finlayson is 47.5 years. This is 22% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Finlayson is $68,500. This is 23% lower than the state median of $89,062. It is also 15% lower than the national median of $80,734. The poverty rate stands at 18.4%. This is 97% higher than the state poverty rate of 9.3%. The unemployment rate is 10.3%. This is 153% higher than the state rate of 4.1%. The median home value is $219,400. Housing costs are 33% lower than the state median of $329,300. The home-value-to-income ratio is 3.2x. 73.0% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 72.2%.

Race & Ethnicity

Finlayson has a predominantly White (non-Hispanic) population, comprising 97.8% of all residents. Asian residents account for 0.8%. The Asian population (0.8%) is well below the state average of 5.1%.

Education

23.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% 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 96.1%.

Data Sources & Methodology

All demographic data for Finlayson, 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 Finlayson, Minnesota?

Finlayson, Minnesota has a population of 267 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Finlayson, MN?

The median household income in Finlayson is $68,500, which is 15% lower than the national median of $80,734.

What is the poverty rate in Finlayson, MN?

The poverty rate in Finlayson is 18.4%. This means approximately 49 residents live below the federal poverty line.

What is the racial makeup of Finlayson, Minnesota?

Finlayson's population is 97.8% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Finlayson, MN?

The median home value in Finlayson is $219,400. The home-value-to-income ratio is 3.2x.

How educated is Finlayson, Minnesota?

23.2% of adults (25+) in Finlayson hold a bachelor's degree or higher, and 4.3% hold a graduate or professional degree.