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Racine, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Racine, Minnesota had a total population of 416, the 543rd largest city in Minnesota, with a median household income of $97,788, which is 10% higher than the state average. The poverty rate is 2.2%.

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

Key Takeaways

Racine Quick Facts

Population 416
Median Household Income $97,788
Median Home Value $260,000
Poverty Rate 2.2%
Unemployment Rate 2.1%
Median Age 41.3 years
Homeownership Rate 89.3%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 20.6%
High School Graduation Rate 98.5%
Diversity Index 4/100
Population 416 543rd of 914
Median Income $97,788 top 20%
Poverty Rate 2.2% 83% lower than national
Median Home Value $260,000 top 30%

How Racine 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
Population476416-12.6%
Median household income$95,125$97,788+2.8%
Median home value$239,500$260,000+8.6%

How Racine Compares

Economy & Housing

Household Income Distribution

Under $25K 9.4%
$25K-$50K 11.3%
$50K-$100K 36.5%
$100K+ 42.8%
Detailed income brackets
Under $10K
1.9%
$10K-$15K
0.6%
$15K-$20K
1.9%
$20K-$25K
5.0%
$25K-$30K
6.3%
$30K-$35K
1.3%
$35K-$40K
0.0%
$40K-$45K
1.3%
$45K-$50K
2.5%
$50K-$60K
3.8%
$60K-$75K
15.1%
$75K-$100K
17.6%
$100K-$125K
3.1%
$125K-$150K
15.7%
$150K-$200K
15.7%
$200K+
8.2%

Employment

2.1% Unemployment Rate State: 4.1%|National: 5.2%
69.2% Labor Force Participation

Housing Overview

Owner 89.3%
Renter 10.7%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $1,271/mo 15.6% of median household income annually

People & Demographics

Diversity Index

4out 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

Racine Rankings in Minnesota

#543 Population of 914
#156 Median Income of 887
#441 Education of 914
#246 Home Value of 870

Other Cities in Mower County

CityPopulationMedian IncomePovertyHome Value
Austin 26,358 $68,057 12.5% $163,900
Grand Meadow 1,011 $72,125 4.3% $188,000
Brownsdale 850 $77,614 6.4% $148,600
Le Roy 803 $54,485 12.9% $122,800
Adams 745 $93,594 6.1% $170,700
Lyle 504 $58,269 11.7% $111,800
Rose Creek 429 $81,875 7.2% $150,000
Dexter 350 $93,750 14.9% $185,900
Waltham 182 $69,167 10.4% $95,000
Lansing 152 $44,063 21.5% N/A

Cities Similar to Racine

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Crown College422N/AN/A0.0%0.0%
Wrenshall404$98,750$243,20023.6%7.3%
Ponemah391N/A$123,6000.0%21.0%
Fisher396$93,542$179,00024.4%5.8%
Ghent439$94,000$150,00031.7%7.3%

A note before these figures: with a population of 416, Racine'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

Racine is a small community located in Minnesota, within Mower County. The total population is 416. It ranks as the 543rd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Racine is 41.3 years. This is 6% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Racine is $97,788. This is 10% higher than the state median of $89,062. It is also 21% higher than the national median of $80,734. The poverty rate stands at 2.2%. This is 77% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.1%. This is 49% lower than the state rate of 4.1%. The median home value is $260,000. Housing costs are 21% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.7x, Racine is one of the most affordable housing markets in the area. 89.3% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 72.2%.

Race & Ethnicity

Racine has a predominantly White (non-Hispanic) population, comprising 97.8% of all residents. Hispanic or Latino residents account for 1.4%. The Hispanic or Latino population (1.4%) is well below the state average of 6.4%.

Education

20.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% 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 98.5%.

Data Sources & Methodology

All demographic data for Racine, 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 Racine, Minnesota?

Racine, Minnesota has a population of 416 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Racine, MN?

The median household income in Racine is $97,788, which is 21% higher than the national median of $80,734.

What is the poverty rate in Racine, MN?

The poverty rate in Racine is 2.2%. This means approximately 9 residents live below the federal poverty line.

What is the racial makeup of Racine, Minnesota?

Racine's population is 97.8% White, 0.0% Black, 1.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Racine, MN?

The median home value in Racine is $260,000. The home-value-to-income ratio is 2.7x.

How educated is Racine, Minnesota?

20.6% of adults (25+) in Racine hold a bachelor's degree or higher, and 3.3% hold a graduate or professional degree.