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Graceville city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Graceville city, Minnesota has a total population of 586, the 468th largest city in Minnesota, with a median household income of $51,667, which is 41% lower than the state average. The poverty rate is 23.4%.

Key Takeaways

Graceville city Quick Facts

Population 586
Median Household Income $51,667
Median Home Value $101,700
Poverty Rate 23.4%
Unemployment Rate 3.8%
Median Age 44.2 years
Homeownership Rate 67.0%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 17.1%
High School Graduation Rate 93.8%
Diversity Index 11/100
Population 586 468th of 913
Median Income $51,667 bottom 20%
Poverty Rate 23.4% 88% higher national
Median Home Value $101,700 bottom 30%

How Graceville city Compares

Economy & Housing

Employment

3.8% Unemployment Rate State: 3.9% | National: 5.2%
56.3% Labor Force Participation

Housing Overview

Owner 67.0%
Renter 33.0%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Graceville city Rankings in Minnesota

#468 Population of 913
#712 Median Income of 913
#549 Education of 913
#693 Home Value of 913

Other Cities in Big Stone County

CityPopulationMedian IncomePovertyHome Value
Ortonville city 1,968 $53,021 10.9% $117,500
Clinton city 308 $63,750 13.0% $71,800
Beardsley city 226 $67,857 11.9% $74,500
Odessa city 91 $38,750 25.3% $66,000
Johnson city 20 N/A 20.0% $103,100
Correll city 16 $51,250 31.3% $57,500
Barry city 4 N/A 0.0% N/A

Cities Similar to Graceville city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Marble city588$54,688$102,7006.4%16.2%
Glenville city596$53,750$119,40013.8%8.1%
Brooten city582$47,500$128,90023.1%21.1%
Eagle Bend city620$48,924$96,7005.6%18.1%
Ironton city557$55,536$128,30015.1%15.4%

Population Overview

Graceville city is a small community located in Minnesota, within Big Stone County. The total population is 586. It ranks as the 468th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Graceville city is 44.2 years. This is 15% higher than the state median of 38.6 years. 18.6% 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 Graceville city is $51,667. This is 41% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 34% lower. The poverty rate stands at 23.4%. This is 155% higher than the state poverty rate of 9.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 3.8%. This is 3% lower than the state rate of 3.9%. The median home value is $101,700. Housing costs are 67% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.0x, Graceville city is one of the most affordable housing markets in the area. 67.0% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 72.4%.

Race & Ethnicity

Graceville city has a predominantly White (non-Hispanic) population, comprising 94.2% of all residents. Hispanic or Latino residents account for 2.2%. The Black or African American population (0.5%) is well below the state average of 6.7%. The Hispanic or Latino population (2.2%) is well below the state average of 6.2%.

Education

17.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.8%.

Data Sources & Methodology

All demographic data for Graceville city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Graceville city, Minnesota?

Graceville city, Minnesota has a population of 586 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Graceville city, MN?

The median household income in Graceville city is $51,667, which is 34% lower the national median of $78,538.

What is the poverty rate in Graceville city, MN?

The poverty rate in Graceville city is 23.4%. This means approximately 126 residents live below the federal poverty line.

What is the racial makeup of Graceville city, Minnesota?

Graceville city's population is 94.2% White, 0.5% Black, 2.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Graceville city, MN?

The median home value in Graceville city is $101,700. The home-value-to-income ratio is 2.0x.

How educated is Graceville city, Minnesota?

17.1% of adults (25+) in Graceville city hold a bachelor's degree or higher, and 10.2% hold a graduate or professional degree.