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Montevideo city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Montevideo city, Minnesota has a total population of 5,303, the 143rd largest city in Minnesota, with a median household income of $65,724, which is 25% lower than the state average. The poverty rate is 19.3%.

Key Takeaways

Montevideo city Quick Facts

Population 5,303
Median Household Income $65,724
Median Home Value $137,600
Poverty Rate 19.3%
Unemployment Rate 2.4%
Median Age 42.0 years
Homeownership Rate 63.2%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 19.8%
High School Graduation Rate 88.4%
Diversity Index 33/100
Population 5,303 143rd of 913
Median Income $65,724 average
Poverty Rate 19.3% 55% higher national
Median Home Value $137,600 below average

How Montevideo city Compares

Economy & Housing

Employment

2.4% Unemployment Rate State: 3.9% | National: 5.2%
58.8% Labor Force Participation

Housing Overview

Owner 63.2%
Renter 36.8%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

33out of 100
Low Diversity

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

State average: 40 | National average: 60

Education

Montevideo city Rankings in Minnesota

#143 Population of 913
#464 Median Income of 913
#456 Education of 913
#534 Home Value of 913

Other Cities in Chippewa County

CityPopulationMedian IncomePovertyHome Value
Clara City city 1,497 $58,431 9.8% $116,500
Milan city 498 $50,625 29.6% $70,000
Maynard city 269 $41,515 12.6% $74,600
Watson city 189 $38,958 21.7% $66,500

Cities Similar to Montevideo city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Morris city5,092$63,807$185,20036.6%15.6%
Redwood Falls city5,075$61,947$162,00022.1%15.2%
Luverne city4,907$66,145$181,10029.9%9.6%
Glencoe city5,702$63,967$213,1009.6%8.0%
International Falls city5,728$61,043$115,00020.1%12.5%

Population Overview

Montevideo city is a small city located in Minnesota, within Chippewa County. The total population is 5,303. It ranks as the 143rd most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Montevideo city is 42.0 years. This is 9% higher than the state median of 38.6 years. 12.7% 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 Montevideo city is $65,724. This is 25% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 16% lower. The poverty rate stands at 19.3%. This is 110% higher than the state poverty rate of 9.2%. The unemployment rate is 2.4%. This is 40% lower than the state rate of 3.9%. The median home value is $137,600. Housing costs are 55% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.1x, Montevideo city is one of the most affordable housing markets in the area. 63.2% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 72.4%.

Race & Ethnicity

The largest racial or ethnic group in Montevideo city is White (non-Hispanic), making up 80.6% of the population. Hispanic or Latino residents account for 13.8%. The Black or African American population (1.9%) is well below the state average of 6.7%. The Hispanic or Latino population is significantly higher than the state average (13.8% vs 6.2%). The Asian population (2.3%) is well below the state average of 5.0%.

Education

19.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% 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 88.4%.

Data Sources & Methodology

All demographic data for Montevideo 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 Montevideo city, Minnesota?

Montevideo city, Minnesota has a population of 5,303 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Montevideo city is $65,724, which is 16% lower the national median of $78,538.

What is the poverty rate in Montevideo city, MN?

The poverty rate in Montevideo city is 19.3%. This means approximately 996 residents live below the federal poverty line.

What is the racial makeup of Montevideo city, Minnesota?

Montevideo city's population is 80.6% White, 1.9% Black, 13.8% Hispanic/Latino, and 2.3% Asian.

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

The median home value in Montevideo city is $137,600. The home-value-to-income ratio is 2.1x.

How educated is Montevideo city, Minnesota?

19.8% of adults (25+) in Montevideo city hold a bachelor's degree or higher, and 7.2% hold a graduate or professional degree.