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Graceville, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Graceville, Minnesota had a total population of 564, the 472nd largest city in Minnesota, with a median household income of $66,111, which is 26% lower than the state average. The poverty rate is 24.9%.

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

Key Takeaways

Graceville Quick Facts

Population 564
Median Household Income $66,111
Median Home Value $121,400
Poverty Rate 24.9%
Unemployment Rate 3.3%
Median Age 48.2 years
Homeownership Rate 57.3%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 18.0%
High School Graduation Rate 92.2%
Diversity Index 11/100
Population 564 472nd of 914
Median Income $66,111 average
Poverty Rate 24.9% 100% higher than national
Median Home Value $121,400 bottom 30%

How Graceville 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
Population586564-3.8%
Median household income$51,667$66,111+28.0%
Median home value$101,700$121,400+19.4%

How Graceville Compares

Economy & Housing

Household Income Distribution

Under $25K 20.6%
$25K-$50K 22.5%
$50K-$100K 18.7%
$100K+ 38.2%
Detailed income brackets
Under $10K
3.8%
$10K-$15K
4.2%
$15K-$20K
9.2%
$20K-$25K
3.4%
$25K-$30K
1.9%
$30K-$35K
13.4%
$35K-$40K
1.1%
$40K-$45K
2.7%
$45K-$50K
3.4%
$50K-$60K
4.2%
$60K-$75K
8.8%
$75K-$100K
5.7%
$100K-$125K
8.8%
$125K-$150K
3.8%
$150K-$200K
18.3%
$200K+
7.2%

Employment

3.3% Unemployment Rate State: 4.1%|National: 5.2%
61.0% Labor Force Participation

Housing Overview

Owner 57.3%
Renter 42.8%
Affordability Index Very Affordable
1.8x home value to income ratio
Median gross rent $739/mo 13.4% of median household income annually

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: 41 | National average: 61

Education

Graceville Rankings in Minnesota

#472 Population of 914
#496 Median Income of 887
#526 Education of 914
#640 Home Value of 870

Other Cities in Big Stone County

CityPopulationMedian IncomePovertyHome Value
Ortonville 2,028 $56,133 12.1% $166,300
Clinton 281 $88,750 16.0% $70,000
Beardsley 229 $64,375 18.8% $77,700
Odessa 87 $46,250 20.7% $67,300
Johnson 20 N/A 25.0% $130,600
Correll 18 N/A 38.9% $45,000
Barry 16 $83,750 0.0% N/A

Cities Similar to Graceville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Kasota554$66,625$190,80013.4%21.6%
Evansville550$64,028$133,00011.8%24.9%
Pillager547$67,679$180,30022.6%10.2%
Heron Lake593$68,000$88,60019.3%9.3%
Butterfield535$64,083$90,40010.1%8.4%

A note before these figures: with a population of 564, Graceville'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

Graceville is a small community located in Minnesota, within Big Stone County. The total population is 564. It ranks as the 472nd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Graceville is 48.2 years. This is 24% higher than the state median of 38.8 years. 18.3% 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 is $66,111. This is 26% lower than the state median of $89,062. It is also 18% lower than the national median of $80,734. The poverty rate stands at 24.9%. This is 168% higher than the state poverty rate of 9.3%. 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 3.3%. This is 20% lower than the state rate of 4.1%. The median home value is $121,400. Housing costs are 63% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.8x, Graceville is one of the most affordable housing markets in the area. 57.3% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 72.2%.

Race & Ethnicity

Graceville has a predominantly White (non-Hispanic) population, comprising 94.2% of all residents.

Education

18.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% 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 92.2%.

Data Sources & Methodology

All demographic data for Graceville, 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 Graceville, Minnesota?

Graceville, Minnesota has a population of 564 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Graceville, MN?

The median household income in Graceville is $66,111, which is 18% lower than the national median of $80,734.

What is the poverty rate in Graceville, MN?

The poverty rate in Graceville is 24.9%. This means approximately 131 residents live below the federal poverty line.

What is the racial makeup of Graceville, Minnesota?

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

What is the median home value in Graceville, MN?

The median home value in Graceville is $121,400. The home-value-to-income ratio is 1.8x.

How educated is Graceville, Minnesota?

18.0% of adults (25+) in Graceville hold a bachelor's degree or higher, and 9.5% hold a graduate or professional degree.