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Preston city, Minnesota Demographics & Population 2026

As of 2026, Preston city, Minnesota has a total population of 1,315, the 315th largest city in Minnesota, with a median household income of $60,438, which is 31% lower than the state average. The poverty rate is 13.5%.

Key Takeaways

Preston city Quick Facts

Population 1,315
Median Household Income $60,438
Median Home Value $169,600
Poverty Rate 13.5%
Unemployment Rate 3.5%
Median Age 41.3 years
Homeownership Rate 72.9%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 27.6%
High School Graduation Rate 97.4%
Diversity Index 7/100
Population 1,315 315th of 913
Median Income $60,438 below average
Poverty Rate 13.5% 9% higher national
Median Home Value $169,600 average

How Preston city Compares

Economy & Housing

Employment

3.5% Unemployment Rate State: 3.9% | National: 5.2%
65.1% Labor Force Participation

Housing Overview

Owner 72.9%
Renter 27.1%
Affordability Index Very Affordable
2.8x home value to income ratio

People & Demographics

Diversity Index

7out 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

Preston city Rankings in Minnesota

#315 Population of 913
#564 Median Income of 913
#259 Education of 913
#420 Home Value of 913

Other Cities in Fillmore County

CityPopulationMedian IncomePovertyHome Value
Spring Valley city 2,357 $64,500 12.0% $149,100
Rushford city 1,790 $73,321 8.9% $203,200
Harmony city 1,089 $65,536 9.1% $154,800
Mabel city 832 $67,500 5.7% $124,600
Lanesboro city 804 $80,000 8.8% $186,900
Rushford Village city 726 $92,500 5.4% $286,800
Fountain city 490 $72,750 5.9% $177,100
Canton city 409 $50,556 19.6% $88,400
Wykoff city 356 $66,375 13.1% $127,800
Ostrander city 323 $70,357 15.3% $141,400

Cities Similar to Preston city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Starbuck city1,307$60,217$168,10018.9%14.8%
Dassel city1,332$59,750$218,90021.3%12.5%
Menahga city1,292$56,000$145,80025.4%19.4%
Red Lake Falls city1,267$63,929$132,30016.5%5.6%
Winnebago city1,247$58,438$106,50012.3%12.4%

Population Overview

Preston city is a small community located in Minnesota, within Fillmore County. The total population is 1,315. It ranks as the 315th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Preston city is 41.3 years. This is 7% higher than the state median of 38.6 years.

Economy, Income & Housing

The median household income in Preston city is $60,438. This is 31% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 23% lower. The poverty rate stands at 13.5%. This is 47% higher than the state poverty rate of 9.2%. The unemployment rate is 3.5%. This is 12% lower than the state rate of 3.9%. The median home value is $169,600. Housing costs are 44% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.8x, Preston city is one of the most affordable housing markets in the area. 72.9% of occupied housing units are owner-occupied.

Race & Ethnicity

Preston city has a predominantly White (non-Hispanic) population, comprising 96.6% of all residents. Hispanic or Latino residents account for 1.4%. The Black or African American population (0.7%) is well below the state average of 6.7%. The Hispanic or Latino population (1.4%) is well below the state average of 6.2%. The Asian population (0.3%) is well below the state average of 5.0%.

Education

27.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% 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 97.4%.

Data Sources & Methodology

All demographic data for Preston 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 Preston city, Minnesota?

Preston city, Minnesota has a population of 1,315 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Preston city is $60,438, which is 23% lower the national median of $78,538.

What is the poverty rate in Preston city, MN?

The poverty rate in Preston city is 13.5%. This means approximately 174 residents live below the federal poverty line.

What is the racial makeup of Preston city, Minnesota?

Preston city's population is 96.6% White, 0.7% Black, 1.4% Hispanic/Latino, and 0.3% Asian.

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

The median home value in Preston city is $169,600. The home-value-to-income ratio is 2.8x.

How educated is Preston city, Minnesota?

27.6% of adults (25+) in Preston city hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.