Mankato city, Minnesota Demographics & Population 2026
As of 2026, Mankato city, Minnesota has a total population of 44,882, the 22nd largest city in Minnesota, with a median household income of $64,826, which is 26% lower than the state average. The poverty rate is 21.7%.
Mankato city Quick Facts
How Mankato city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Mankato city Rankings in Minnesota
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Other Cities in Nicollet County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| North Mankato city | 14,212 | $77,571 | 7.7% | $252,700 |
| St. Peter city | 12,085 | $65,042 | 17.5% | $238,700 |
| Nicollet city | 966 | $80,500 | 8.7% | $214,100 |
| Courtland city | 844 | $105,625 | 0.7% | $250,000 |
| Lafayette city | 478 | $95,500 | 2.7% | $142,700 |
Cities Similar to Mankato city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Moorhead city | 44,706 | $69,371 | $246,300 | 42.3% | 17.7% |
| Maplewood city | 40,981 | $88,534 | $291,300 | 36.3% | 10.0% |
| Shakopee city | 45,002 | $110,989 | $361,400 | 39.9% | 5.1% |
| St. Louis Park city | 49,541 | $100,250 | $371,600 | 63.9% | 7.3% |
| Richfield city | 36,725 | $84,055 | $320,400 | 44.3% | 7.3% |
Population Overview
Mankato city is a mid-sized community located in Minnesota, within Nicollet County. The total population is 44,882. It ranks as the 22nd most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Mankato city is 26.8 years. This is 31% lower than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Mankato city is $64,826. This is 26% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 17% lower. The poverty rate stands at 21.7%. This is 136% 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 4.8%. This is 23% higher than the state rate of 3.9%. The median home value is $250,600. Housing costs are 18% lower than the state median of $305,500. The home-value-to-income ratio is 3.9x. 50.3% of occupied housing units are owner-occupied. This homeownership rate is 31% lower than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in Mankato city is White (non-Hispanic), making up 81.5% of the population. Black or African American residents account for 6.7%.
Education
36.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 7% 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 93.6%.
Data Sources & Methodology
All demographic data for Mankato 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 Mankato city, Minnesota?
Mankato city, Minnesota has a population of 44,882 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Mankato city, MN?
The median household income in Mankato city is $64,826, which is 17% lower the national median of $78,538.
What is the poverty rate in Mankato city, MN?
The poverty rate in Mankato city is 21.7%. This means approximately 9,008 residents live below the federal poverty line.
What is the racial makeup of Mankato city, Minnesota?
Mankato city's population is 81.5% White, 6.7% Black, 5.3% Hispanic/Latino, and 3.4% Asian.
What is the median home value in Mankato city, MN?
The median home value in Mankato city is $250,600. The home-value-to-income ratio is 3.9x.
How educated is Mankato city, Minnesota?
36.2% of adults (25+) in Mankato city hold a bachelor's degree or higher, and 12.6% hold a graduate or professional degree.