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Slayton city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Slayton city, Minnesota has a total population of 2,089, the 253rd largest city in Minnesota, with a median household income of $65,724, which is 25% lower than the state average. The poverty rate is 11.5%.

Key Takeaways

Slayton city Quick Facts

Population 2,089
Median Household Income $65,724
Median Home Value $160,400
Poverty Rate 11.5%
Unemployment Rate 2.4%
Median Age 39.0 years
Homeownership Rate 69.7%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 31.4%
High School Graduation Rate 89.6%
Diversity Index 15/100
Population 2,089 253rd of 913
Median Income $65,724 average
Poverty Rate 11.5% 7% lower national
Median Home Value $160,400 average

How Slayton city Compares

Economy & Housing

Employment

2.4% Unemployment Rate State: 3.9% | National: 5.2%
63.0% Labor Force Participation

Housing Overview

Owner 69.7%
Renter 30.3%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

15out 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

Slayton city Rankings in Minnesota

#253 Population of 913
#464 Median Income of 913
#204 Education of 913
#454 Home Value of 913

Other Cities in Murray County

CityPopulationMedian IncomePovertyHome Value
Fulda city 1,348 $68,056 7.1% $155,100
Chandler city 322 $77,188 16.3% $102,900
Currie city 242 $46,250 18.2% $71,500
Lake Wilson city 227 $59,375 13.2% $92,800
Iona city 207 $44,167 16.2% $54,300
Avoca city 101 $50,000 6.9% $50,700
Dovray city 40 $49,063 5.0% $51,700
Hadley city 36 $85,000 2.8% N/A

Cities Similar to Slayton city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hoyt Lakes city2,074$64,514$90,70018.4%10.1%
Gaylord city2,074$60,500$163,30012.4%15.8%
Winsted city2,023$70,208$210,20014.3%11.3%
Blooming Prairie city1,977$63,929$155,80026.1%5.6%
Maple Lake city2,104$75,469$221,80015.9%6.2%

Population Overview

Slayton city is a small community located in Minnesota, within Murray County. The total population is 2,089. It ranks as the 253rd most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Slayton city is 39.0 years. This is 1% higher than the state median of 38.6 years. 12.3% 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 Slayton city is $65,724. This is 25% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 16% lower. The poverty rate stands at 11.5%. This is 25% higher than the state poverty rate of 9.2%. The unemployment rate is 2.4%. This is 39% lower than the state rate of 3.9%. The median home value is $160,400. Housing costs are 47% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.4x, Slayton city is one of the most affordable housing markets in the area. 69.7% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 72.4%.

Race & Ethnicity

Slayton city has a predominantly White (non-Hispanic) population, comprising 92.2% of all residents. Hispanic or Latino residents account for 3.4%. The Black or African American population (0.1%) is well below the state average of 6.7%.

Education

31.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% 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 89.6%.

Data Sources & Methodology

All demographic data for Slayton 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 Slayton city, Minnesota?

Slayton city, Minnesota has a population of 2,089 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Slayton city is $65,724, which is 16% lower the national median of $78,538.

What is the poverty rate in Slayton city, MN?

The poverty rate in Slayton city is 11.5%. This means approximately 238 residents live below the federal poverty line.

What is the racial makeup of Slayton city, Minnesota?

Slayton city's population is 92.2% White, 0.1% Black, 3.4% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Slayton city is $160,400. The home-value-to-income ratio is 2.4x.

How educated is Slayton city, Minnesota?

31.4% of adults (25+) in Slayton city hold a bachelor's degree or higher, and 8.2% hold a graduate or professional degree.