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
- Unemployment rate of 10.3% is notably above the national average.
Finlayson Quick Facts
How Finlayson Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 228 | 267 | +17.1% |
| Median household income | $63,750 | $68,500 | +7.5% |
| Median home value | $175,000 | $219,400 | +25.4% |
How Finlayson Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Finlayson Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Pine County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Grygla | 266 | $69,167 | $89,000 | 8.2% | 9.0% |
| Greenwald | 270 | $72,625 | $149,200 | 13.9% | 6.3% |
| Donnelly | 277 | $70,313 | $100,000 | 15.7% | 10.5% |
| Rutledge | 275 | $65,000 | $102,700 | 10.5% | 14.4% |
| Oslo | 260 | $63,750 | $79,600 | 11.2% | 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.