Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs |
|---|---|
| Avg HH Size | 2.93 |
| Below Poverty | 5.1% ▼ 49% below avg |
| College Grads | 44.0% ▲ 13% above avg |
| Unemployment | 1.5% ▼ 70% below avg |
| No HS Diploma | 9 (1.4%) |
| HS Graduate | 214 (33.6%) |
| Some College | 73 (11.5%) |
| Associates | 61 (9.6%) |
| Bachelors | 88 (13.8%) |
| Graduate Degree | 192 (30.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $107,188 ▲ 40% above avg |
|---|---|
| Median Home Value | $338,100 ▲ 21% above avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,275/mo |
| Total Housing Units | 358 |
| Vacant Units | 19 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Nerstrand is a city in Minnesota, located in Rice County. The city spans 1 ZIP code and is home to approximately 995 residents. It is a middle-aged city, with a median age of 39.3 years.
Economically, Nerstrand is a upper-middle-income community. The median household income of $107,188 is above the national average. Approximately 5.1% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.
The real estate market in Nerstrand is a mid-range housing market. Median home values stand at $338,100, which is above the national average. Renters typically pay around $1,275 per month. Homeownership is high at 94.7%, typical of suburban and family-oriented communities.
The population of Nerstrand is well-educated. 44.0% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (89.75%).
Nerstrand, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55053 | 995 | $107,188 | $338,100 | $1,275 | 1.5% | 44.0% | 94.7% |