Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.4 yrs |
|---|---|
| Avg HH Size | 2.71 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 60.6% ▲ 56% above avg |
| Unemployment | 3.9% ▼ 20% below avg |
| No HS Diploma | 1 (0%) |
| HS Graduate | 1,106 (20.1%) |
| Some College | 337 (6.1%) |
| Associates | 721 (13.1%) |
| Bachelors | 729 (13.3%) |
| Graduate Degree | 2,599 (47.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $126,102 ▲ 65% above avg |
|---|---|
| Median Home Value | $356,900 ▲ 28% above avg |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,085/mo |
| Total Housing Units | 3,294 |
| Vacant Units | 70 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Byron is a city in Minnesota, located in Olmsted County. The city spans 1 ZIP code and is home to approximately 8,747 residents. It is a middle-aged city, with a median age of 39.4 years.
Economically, Byron is a upper-middle-income community. The median household income of $126,102 is significantly above the national average. Approximately 5.3% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in Byron is a mid-range housing market. Median home values stand at $356,900, which is above the national average. Renters typically pay around $1,085 per month. Homeownership is high at 83.8%, typical of suburban and family-oriented communities.
The population of Byron is highly educated. 60.6% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (90.04%).
Byron, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55920 | 8,747 | $126,102 | $356,900 | $1,085 | 3.9% | 60.6% | 83.8% |