Skip to main content

Paynesville city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Paynesville city, Minnesota has a total population of 2,476, the 236th largest city in Minnesota, with a median household income of $72,105, which is 18% lower than the state average. The poverty rate is 5.5%.

Key Takeaways

Paynesville city Quick Facts

Population 2,476
Median Household Income $72,105
Median Home Value $168,800
Poverty Rate 5.5%
Unemployment Rate 2.3%
Median Age 40.6 years
Homeownership Rate 69.2%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 27.9%
High School Graduation Rate 93.1%
Diversity Index 22/100
Population 2,476 236th of 913
Median Income $72,105 average
Poverty Rate 5.5% 56% lower national
Median Home Value $168,800 average

How Paynesville city Compares

Economy & Housing

Employment

2.3% Unemployment Rate State: 3.9% | National: 5.2%
63.1% Labor Force Participation

Housing Overview

Owner 69.2%
Renter 30.8%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Paynesville city Rankings in Minnesota

#236 Population of 913
#362 Median Income of 913
#252 Education of 913
#427 Home Value of 913

Other Cities in Stearns County

CityPopulationMedian IncomePovertyHome Value
St. Cloud city 69,926 $61,112 18.5% $212,800
Sartell city 19,620 $77,465 8.1% $278,000
St. Anthony city (Hennepin and Ramsey Counties) 9,516 $97,784 3.5% $365,700
Waite Park city 8,341 $56,884 24.1% $217,000
St. Joseph city 7,024 $75,217 21.6% $240,300
Sauk Centre city 4,589 $65,763 15.4% $196,000
Cold Spring city 4,201 $72,022 9.9% $242,000
Melrose city 3,608 $58,107 8.6% $198,300
St. Augusta city 3,576 $116,384 4.2% $323,400
Albany city 2,800 $75,417 3.6% $226,000

Cities Similar to Paynesville city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Janesville city2,449$72,120$194,40023.8%4.2%
Le Center city2,514$66,864$189,80013.5%6.8%
Lake Crystal city2,530$77,979$193,80022.9%11.0%
Lexington city2,616$72,955$282,00021.8%9.5%
Lauderdale city2,386$76,558$273,60069.7%5.6%

Population Overview

Paynesville city is a small community located in Minnesota, within Stearns County. The total population is 2,476. It ranks as the 236th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Paynesville city is 40.6 years. This is 5% higher than the state median of 38.6 years. 15.5% 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 Paynesville city is $72,105. This is 18% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 8% lower. The poverty rate stands at 5.5%. This is 40% lower than the state poverty rate of 9.2%. The unemployment rate is 2.3%. This is 41% lower than the state rate of 3.9%. The median home value is $168,800. Housing costs are 45% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.3x, Paynesville city is one of the most affordable housing markets in the area. 69.2% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 72.4%.

Race & Ethnicity

Paynesville city has a predominantly White (non-Hispanic) population, comprising 88.1% of all residents. Hispanic or Latino residents account for 5.5%. The Black or African American population (0.4%) is well below the state average of 6.7%. The Asian population (0.8%) is well below the state average of 5.0%.

Education

27.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% 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 93.1%.

Data Sources & Methodology

All demographic data for Paynesville 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.

Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Paynesville city, Minnesota?

Paynesville city, Minnesota has a population of 2,476 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Paynesville city is $72,105, which is 8% lower the national median of $78,538.

What is the poverty rate in Paynesville city, MN?

The poverty rate in Paynesville city is 5.5%. This means approximately 132 residents live below the federal poverty line.

What is the racial makeup of Paynesville city, Minnesota?

Paynesville city's population is 88.1% White, 0.4% Black, 5.5% Hispanic/Latino, and 0.8% Asian.

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

The median home value in Paynesville city is $168,800. The home-value-to-income ratio is 2.3x.

How educated is Paynesville city, Minnesota?

27.9% of adults (25+) in Paynesville city hold a bachelor's degree or higher, and 8.2% hold a graduate or professional degree.