Tracy city, Minnesota Demographics & Population 2026
As of 2026, Tracy city, Minnesota has a total population of 1,869, the 271st largest city in Minnesota, with a median household income of $60,682, which is 31% lower than the state average. The poverty rate is 9.5%.
Key Takeaways
- Household income is 31% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
- Near full employment with an unemployment rate of just 2.0%.
Tracy city Quick Facts
How Tracy 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+)
Tracy city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Lyon County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Marshall city | 13,880 | $64,636 | 16.9% | $198,900 |
| Minneota city | 1,531 | $72,396 | 5.6% | $158,100 |
| Cottonwood city | 1,120 | $90,750 | 8.2% | $180,200 |
| Lynd city | 570 | $79,375 | 32.9% | $170,000 |
| Balaton city | 544 | $54,091 | 13.3% | $85,000 |
| Ghent city | 455 | $72,500 | 7.0% | $154,700 |
| Russell city | 323 | $62,143 | 4.6% | $101,700 |
| Taunton city | 140 | $46,875 | 20.0% | $74,600 |
| Garvin city | 90 | $41,000 | 23.3% | $50,000 |
| Florence city | 29 | $42,500 | 13.8% | $158,300 |
Cities Similar to Tracy city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mountain Lake city | 1,833 | $59,115 | $118,900 | 21.9% | 17.4% |
| Coleraine city | 1,888 | $67,083 | $179,900 | 25.7% | 13.7% |
| Ada city | 1,834 | $67,857 | $140,500 | 31.3% | 15.8% |
| Blooming Prairie city | 1,977 | $63,929 | $155,800 | 26.1% | 5.6% |
| Waterville city | 1,778 | $67,721 | $216,700 | 17.1% | 11.6% |
Population Overview
Tracy city is a small community located in Minnesota, within Lyon County. The total population is 1,869. It ranks as the 271st most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Tracy city is 44.1 years. This is 14% higher than the state median of 38.6 years. 11.2% 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 Tracy city is $60,682. 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 9.5%. This is 3% higher than the state poverty rate of 9.2%. The unemployment rate is 2.0%. This is 49% lower than the state rate of 3.9%. The median home value is $110,900. Housing costs are 64% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.8x, Tracy city is one of the most affordable housing markets in the area. 78.8% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in Tracy city is White (non-Hispanic), making up 79.8% of the population. Asian residents account for 10.0%. The Asian population is significantly higher than the state average (10.0% vs 5.0%).
Education
16.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% 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 91.6%.
Data Sources & Methodology
All demographic data for Tracy 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 Tracy city, Minnesota?
Tracy city, Minnesota has a population of 1,869 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Tracy city, MN?
The median household income in Tracy city is $60,682, which is 23% lower the national median of $78,538.
What is the poverty rate in Tracy city, MN?
The poverty rate in Tracy city is 9.5%. This means approximately 172 residents live below the federal poverty line.
What is the racial makeup of Tracy city, Minnesota?
Tracy city's population is 79.8% White, 0.0% Black, 6.3% Hispanic/Latino, and 10.0% Asian.
What is the median home value in Tracy city, MN?
The median home value in Tracy city is $110,900. The home-value-to-income ratio is 1.8x.
How educated is Tracy city, Minnesota?
16.3% of adults (25+) in Tracy city hold a bachelor's degree or higher, and 3.8% hold a graduate or professional degree.