Victoria city, Minnesota Demographics & Population 2026
As of 2026, Victoria city, Minnesota has a total population of 10,972, the 97th largest city in Minnesota, with a median household income of $192,821, which is 120% higher than the state average. The poverty rate is 1.8%.
Key Takeaways
- Household income is 120% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 1.8% — among the lowest in Minnesota.
- 67.3% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
Victoria city Quick Facts
How Victoria 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+)
Victoria city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Carver County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Chaska city | 28,146 | $110,000 | 4.9% | $379,400 |
| Waconia city | 13,223 | $104,929 | 4.2% | $407,600 |
| Carver city | 5,935 | $144,408 | 1.5% | $427,600 |
| Watertown city | 4,747 | $93,008 | 10.1% | $315,200 |
| Norwood Young America city | 3,866 | $67,857 | 9.6% | $289,400 |
| Mayer city | 2,501 | $120,551 | 5.2% | $330,400 |
| Cologne city | 2,146 | $117,344 | 6.1% | $356,600 |
| New Germany city | 581 | $88,438 | 3.7% | $252,600 |
| Hamburg city | 544 | $78,125 | 8.4% | $229,200 |
Cities Similar to Victoria city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lake Elmo city | 12,504 | $153,407 | $588,900 | 61.7% | 4.3% |
| Mendota Heights city | 11,644 | $132,935 | $504,100 | 67.9% | 2.6% |
| Rogers city | 13,405 | $159,638 | $437,900 | 54.9% | 2.1% |
| Orono city | 8,205 | $181,875 | $952,400 | 68.9% | 6.3% |
| Arden Hills city | 9,737 | $128,668 | $423,800 | 64.0% | 4.3% |
Population Overview
Victoria city is a small city located in Minnesota, within Carver County. The total population is 10,972. It ranks as the 97th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Victoria city is 40.1 years. This is 4% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Victoria city is $192,821. This is 120% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 146% higher. The poverty rate stands at 1.8%. This is 81% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.1%. This is 4% higher than the state rate of 3.9%. The median home value is $572,800. Housing costs are 87% higher than the state median of $305,500. The home-value-to-income ratio is 3.0x. 92.7% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 72.4%.
Race & Ethnicity
Victoria city has a predominantly White (non-Hispanic) population, comprising 87.6% of all residents. Asian residents account for 3.4%. The Black or African American population (3.2%) is well below the state average of 6.7%. The Hispanic or Latino population (2.8%) is well below the state average of 6.2%.
Education
67.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Victoria city in the top 10% of all cities in the state for educational attainment. This is 73% higher 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 98.5%. Notably, 22.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Victoria 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 Victoria city, Minnesota?
Victoria city, Minnesota has a population of 10,972 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Victoria city, MN?
The median household income in Victoria city is $192,821, which is 146% higher the national median of $78,538.
What is the poverty rate in Victoria city, MN?
The poverty rate in Victoria city is 1.8%. This means approximately 192 residents live below the federal poverty line.
What is the racial makeup of Victoria city, Minnesota?
Victoria city's population is 87.6% White, 3.2% Black, 2.8% Hispanic/Latino, and 3.4% Asian.
What is the median home value in Victoria city, MN?
The median home value in Victoria city is $572,800. The home-value-to-income ratio is 3.0x.
How educated is Victoria city, Minnesota?
67.3% of adults (25+) in Victoria city hold a bachelor's degree or higher, and 22.7% hold a graduate or professional degree.