Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.9 yrs |
|---|---|
| Avg HH Size | 2.23 |
| Below Poverty | 8.8% ▼ 12% below avg |
| College Grads | 40.2% ≈ Avg |
| Unemployment | 3.7% ▼ 25% below avg |
| No HS Diploma | 6 (0.3%) |
| HS Graduate | 594 (32.6%) |
| Some College | 187 (10.3%) |
| Associates | 302 (16.6%) |
| Bachelors | 389 (21.4%) |
| Graduate Degree | 342 (18.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $60,185 ▼ 21% below avg |
|---|---|
| Median Home Value | $162,500 ▼ 42% below avg |
| Home/Income Ratio | 2.7x (nat avg ~3.5x) |
| Median Rent | $615/mo |
| Total Housing Units | 1,372 |
| Vacant Units | 204 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Canby is a city in Minnesota, located in Yellow Medicine County. The city spans 1 ZIP code and is home to approximately 2,705 residents. It is a middle-aged city, with a median age of 42.9 years.
Economically, Canby is a solidly middle-class community. The median household income of $60,185 is below the national average. Approximately 8.8% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in Canby is an affordable housing market. Median home values stand at $162,500, which is below the national average. Renters typically pay around $615 per month. Homeownership is high at 86.7%, typical of suburban and family-oriented communities.
The population of Canby is well-educated. 40.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.19%).
Canby, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56220 | 2,705 | $60,185 | $162,500 | $615 | 3.7% | 40.2% | 86.7% |