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Savage, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Savage, Minnesota had a total population of 32,889, the 30th largest city in Minnesota, with a median household income of $125,513, which is 41% higher than the state average. The poverty rate is 5.8%.

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

Key Takeaways

Savage Quick Facts

Population 32,889
Median Household Income $125,513
Median Home Value $432,300
Poverty Rate 5.8%
Unemployment Rate 5.3%
Median Age 37.5 years
Homeownership Rate 85.8%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 53.7%
High School Graduation Rate 96.5%
Diversity Index 46/100
Population 32,889 30th of 914
Median Income $125,513 top 10%
Poverty Rate 5.8% 54% lower than national
Median Home Value $432,300 top 10%

How Savage 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
Population32,70632,889+0.6%
Median household income$122,646$125,513+2.3%
Median home value$395,600$432,300+9.3%

How Savage Compares

Economy & Housing

Household Income Distribution

Under $25K 4.6%
$25K-$50K 8.9%
$50K-$100K 24.4%
$100K+ 62.0%
Detailed income brackets
Under $10K
2.1%
$10K-$15K
0.6%
$15K-$20K
0.6%
$20K-$25K
1.4%
$25K-$30K
1.3%
$30K-$35K
2.7%
$35K-$40K
2.1%
$40K-$45K
1.9%
$45K-$50K
1.0%
$50K-$60K
3.4%
$60K-$75K
8.6%
$75K-$100K
12.4%
$100K-$125K
11.6%
$125K-$150K
10.1%
$150K-$200K
14.0%
$200K+
26.3%

Employment

5.3% Unemployment Rate State: 4.1%|National: 5.2%
77.9% Labor Force Participation

Housing Overview

Owner 85.8%
Renter 14.2%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $1,766/mo 16.9% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Savage Rankings in Minnesota

#30 Population of 914
#59 Median Income of 887
#52 Education of 914
#59 Home Value of 870

Other Cities in Scott County

CityPopulationMedian IncomePovertyHome Value
Shakopee 46,012 $107,223 5.9% $374,800
Prior Lake 28,016 $134,255 3.1% $450,700
New Prague 8,237 $94,539 3.2% $350,500
Belle Plaine 7,423 $99,315 2.7% $318,200
Jordan 6,771 $110,057 5.5% $336,200
Elko New Market 5,002 $152,150 1.1% $433,100

Cities Similar to Savage

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Andover33,035$137,593$410,20038.2%3.3%
Ramsey28,421$116,415$359,60034.4%4.1%
Rosemount27,562$129,625$424,10051.6%3.0%
Prior Lake28,016$134,255$450,70052.4%3.1%
Inver Grove Heights35,906$101,316$363,40043.5%4.9%

Population Overview

Savage is a mid-sized community located in Minnesota, within Scott County. The total population is 32,889. It ranks as the 30th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Savage is 37.5 years. This is 3% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Savage is $125,513. This is 41% higher than the state median of $89,062. It is also 55% higher than the national median of $80,734. The poverty rate stands at 5.8%. This is 38% lower than the state poverty rate of 9.3%. The unemployment rate is 5.3%. This is 31% higher than the state rate of 4.1%. The median home value is $432,300. Housing costs are 31% higher than the state median of $329,300. The home-value-to-income ratio is 3.4x. 85.8% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Savage is White (non-Hispanic), making up 72.2% of the population. Black or African American residents account for 9.9%.

Education

53.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Savage in the top 10% of all cities in the state for educational attainment. This is 36% higher 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 96.5%. Notably, 15.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Savage, 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 Savage, Minnesota?

Savage, Minnesota has a population of 32,889 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Savage, MN?

The median household income in Savage is $125,513, which is 55% higher than the national median of $80,734.

What is the poverty rate in Savage, MN?

The poverty rate in Savage is 5.8%. This means approximately 1,898 residents live below the federal poverty line.

What is the racial makeup of Savage, Minnesota?

Savage's population is 72.2% White, 9.9% Black, 5.0% Hispanic/Latino, and 6.6% Asian.

What is the median home value in Savage, MN?

The median home value in Savage is $432,300. The home-value-to-income ratio is 3.4x.

How educated is Savage, Minnesota?

53.7% of adults (25+) in Savage hold a bachelor's degree or higher, and 15.7% hold a graduate or professional degree.