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Janesville, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Janesville, Minnesota had a total population of 2,378, the 241st largest city in Minnesota, with a median household income of $74,643, which is 16% lower than the state average. The poverty rate is 3.8%.

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

Key Takeaways

Janesville Quick Facts

Population 2,378
Median Household Income $74,643
Median Home Value $206,800
Poverty Rate 3.8%
Unemployment Rate 3.6%
Median Age 39.6 years
Homeownership Rate 84.8%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 21.8%
High School Graduation Rate 93.8%
Diversity Index 19/100
Population 2,378 241st of 914
Median Income $74,643 average
Poverty Rate 3.8% 70% lower than national
Median Home Value $206,800 above average

How Janesville 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
Population2,4492,378-2.9%
Median household income$72,120$74,643+3.5%
Median home value$194,400$206,800+6.4%

How Janesville Compares

Economy & Housing

Household Income Distribution

Under $25K 10.8%
$25K-$50K 13.4%
$50K-$100K 44.2%
$100K+ 31.6%
Detailed income brackets
Under $10K
1.0%
$10K-$15K
0.6%
$15K-$20K
7.0%
$20K-$25K
2.3%
$25K-$30K
3.1%
$30K-$35K
0.6%
$35K-$40K
5.1%
$40K-$45K
2.5%
$45K-$50K
2.0%
$50K-$60K
9.3%
$60K-$75K
16.6%
$75K-$100K
18.2%
$100K-$125K
10.7%
$125K-$150K
10.6%
$150K-$200K
5.5%
$200K+
4.7%

Employment

3.6% Unemployment Rate State: 4.1%|National: 5.2%
68.8% Labor Force Participation

Housing Overview

Owner 84.8%
Renter 15.2%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $873/mo 14.0% of median household income annually

People & Demographics

Diversity Index

19out 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

Janesville Rankings in Minnesota

#241 Population of 914
#366 Median Income of 887
#403 Education of 914
#350 Home Value of 870

Other Cities in Waseca County

CityPopulationMedian IncomePovertyHome Value
Waseca 9,164 $64,074 9.5% $189,200
New Richland 1,184 $67,000 7.4% $137,000
Waldorf 171 $48,000 15.8% $133,000

Cities Similar to Janesville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lauderdale2,388$78,684$283,30071.9%7.3%
Madelia2,327$76,548$165,40017.0%13.7%
Paynesville2,519$75,250$178,20027.2%5.6%
Spring Valley2,307$66,339$160,80018.1%9.3%
Crosslake2,521$79,635$473,70030.4%8.6%

Population Overview

Janesville is a small community located in Minnesota, within Waseca County. The total population is 2,378. It ranks as the 241st most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Janesville is 39.6 years. This is 2% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Janesville is $74,643. This is 16% lower than the state median of $89,062. It is also 8% lower than the national median of $80,734. The poverty rate stands at 3.8%. This is 59% 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 3.6%. This is 11% lower than the state rate of 4.1%. The median home value is $206,800. Housing costs are 37% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.8x, Janesville is one of the most affordable housing markets in the area. 84.8% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 72.2%.

Race & Ethnicity

Janesville has a predominantly White (non-Hispanic) population, comprising 90.0% of all residents. Hispanic or Latino residents account for 5.0%. The Black or African American population (0.6%) is well below the state average of 7.0%. The Asian population (1.1%) is well below the state average of 5.1%.

Education

21.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% 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 93.8%.

Data Sources & Methodology

All demographic data for Janesville, 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 Janesville, Minnesota?

Janesville, Minnesota has a population of 2,378 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Janesville, MN?

The median household income in Janesville is $74,643, which is 8% lower than the national median of $80,734.

What is the poverty rate in Janesville, MN?

The poverty rate in Janesville is 3.8%. This means approximately 88 residents live below the federal poverty line.

What is the racial makeup of Janesville, Minnesota?

Janesville's population is 90.0% White, 0.6% Black, 5.0% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Janesville, MN?

The median home value in Janesville is $206,800. The home-value-to-income ratio is 2.8x.

How educated is Janesville, Minnesota?

21.8% of adults (25+) in Janesville hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.