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
- Household income is 31% below the state average, indicating significant economic challenges.
Preston city Quick Facts
How Preston 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+)
Preston city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Fillmore County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Starbuck city | 1,307 | $60,217 | $168,100 | 18.9% | 14.8% |
| Dassel city | 1,332 | $59,750 | $218,900 | 21.3% | 12.5% |
| Menahga city | 1,292 | $56,000 | $145,800 | 25.4% | 19.4% |
| Red Lake Falls city | 1,267 | $63,929 | $132,300 | 16.5% | 5.6% |
| Winnebago city | 1,247 | $58,438 | $106,500 | 12.3% | 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.