Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.1 yrs |
|---|---|
| Avg HH Size | 2.43 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 40.6% ≈ Avg |
| Unemployment | 1.5% ▼ 69% below avg |
| No HS Diploma | 53 (1.4%) |
| HS Graduate | 1,336 (36.2%) |
| Some College | 395 (10.7%) |
| Associates | 406 (11%) |
| Bachelors | 499 (13.5%) |
| Graduate Degree | 999 (27.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,536 ≈ Avg |
|---|---|
| Median Home Value | $242,700 ▼ 13% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $888/mo |
| Total Housing Units | 2,942 |
| Vacant Units | 677 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Paynesville is a city in Minnesota, located in Stearns County. The city spans 1 ZIP code and is home to approximately 5,560 residents. It is a mature city, with a median age of 45.1 years.
Economically, Paynesville is a middle-income community. The median household income of $81,536 is near the national average. Approximately 5.3% of residents live below the poverty line. The unemployment rate is 1.5%, well below the national average.
The real estate market in Paynesville is an affordable housing market. Median home values stand at $242,700, which is near the national average. Renters typically pay around $888 per month. Homeownership is high at 82.6%, typical of suburban and family-oriented communities.
The population of Paynesville is well-educated. 40.6% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (92.79%).
Paynesville, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56362 | 5,560 | $81,536 | $242,700 | $888 | 1.5% | 40.6% | 82.6% |