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Nicollet, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Nicollet, Minnesota had a total population of 957, the 369th largest city in Minnesota, with a median household income of $84,643, which is 5% lower than the state average. The poverty rate is 6.6%.

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

Key Takeaways

Nicollet Quick Facts

Population 957
Median Household Income $84,643
Median Home Value $239,700
Poverty Rate 6.6%
Unemployment Rate 2.0%
Median Age 32.8 years
Homeownership Rate 65.7%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 24.2%
High School Graduation Rate 92.3%
Diversity Index 16/100
Population 957 369th of 914
Median Income $84,643 above average
Poverty Rate 6.6% 47% lower than national
Median Home Value $239,700 above average

How Nicollet 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
Population966957-0.9%
Median household income$80,500$84,643+5.1%
Median home value$214,100$239,700+12.0%

How Nicollet Compares

Economy & Housing

Household Income Distribution

Under $25K 10.8%
$25K-$50K 12.9%
$50K-$100K 34.5%
$100K+ 41.8%
Detailed income brackets
Under $10K
3.9%
$10K-$15K
5.7%
$15K-$20K
0.5%
$20K-$25K
0.8%
$25K-$30K
2.1%
$30K-$35K
2.6%
$35K-$40K
3.6%
$40K-$45K
3.9%
$45K-$50K
0.8%
$50K-$60K
7.7%
$60K-$75K
10.6%
$75K-$100K
16.2%
$100K-$125K
17.0%
$125K-$150K
9.5%
$150K-$200K
8.5%
$200K+
6.7%

Employment

2.0% Unemployment Rate State: 4.1%|National: 5.2%
79.4% Labor Force Participation

Housing Overview

Owner 65.7%
Renter 34.3%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $855/mo 12.1% of median household income annually

People & Demographics

Diversity Index

16out 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

Nicollet Rankings in Minnesota

#369 Population of 914
#271 Median Income of 887
#342 Education of 914
#283 Home Value of 870

Other Cities in Nicollet County

CityPopulationMedian IncomePovertyHome Value
St. Peter 12,185 $65,122 16.8% $250,700
Courtland 770 $99,028 0.9% $275,600
Lafayette 484 $88,750 3.9% $155,800

Cities Similar to Nicollet

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Little Rock944N/A$41,9004.1%35.5%
Bird Island930$75,833$142,10021.7%7.7%
Mazeppa1,004$92,061$242,90021.3%10.8%
Biwabik966$67,917$111,20030.9%8.3%
Grand Meadow1,011$72,125$188,00030.8%4.3%

A note before these figures: with a population of 957, Nicollet'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

Nicollet is a small community located in Minnesota, within Nicollet County. The total population is 957. It ranks as the 369th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Nicollet is 32.8 years. This is 15% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Nicollet is $84,643. This is 5% lower than the state median of $89,062. It is also 5% higher than the national median of $80,734. The poverty rate stands at 6.6%. This is 29% lower than the state poverty rate of 9.3%. The unemployment rate is 2.0%. This is 51% lower than the state rate of 4.1%. The median home value is $239,700. Housing costs are 27% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.8x, Nicollet is one of the most affordable housing markets in the area. 65.7% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 72.2%.

Race & Ethnicity

Nicollet has a predominantly White (non-Hispanic) population, comprising 91.2% of all residents. Hispanic or Latino residents account for 5.2%. The Black or African American population (2.7%) is well below the state average of 7.0%.

Education

24.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% 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 92.3%.

Data Sources & Methodology

All demographic data for Nicollet, 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 Nicollet, Minnesota?

Nicollet, Minnesota has a population of 957 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Nicollet, MN?

The median household income in Nicollet is $84,643, which is 5% higher than the national median of $80,734.

What is the poverty rate in Nicollet, MN?

The poverty rate in Nicollet is 6.6%. This means approximately 62 residents live below the federal poverty line.

What is the racial makeup of Nicollet, Minnesota?

Nicollet's population is 91.2% White, 2.7% Black, 5.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Nicollet, MN?

The median home value in Nicollet is $239,700. The home-value-to-income ratio is 2.8x.

How educated is Nicollet, Minnesota?

24.2% of adults (25+) in Nicollet hold a bachelor's degree or higher, and 6.1% hold a graduate or professional degree.