City

Preston, MN

1 ZIP code  ·  Fillmore County  ·  Minnesota

👥2,253Population
💰$62,917Median HH Income▼ 18% below avg
🎂45.2Median Age
🏠$191,900Median Home Value▼ 31% below avg
🎓44.8%College Grads▲ 16% above avg
📊2.3%Unemployment▼ 54% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.1% Female 46.9% ♀

Race & Ethnicity

White: 94.4%Hispanic: 2%Black: 0.4%Asian: 0.4%Other: 2%Race
White94.4%
Hispanic2.0%
Black0.4%
Asian0.4%
Other2.0%

Age Breakdown

Under 5
5%
5–17
17%
18–24
7%
25–44
21%
45–64
27%
65+
11%

Key Indicators

Median Age45.2 yrs
Avg HH Size2.31
Below Poverty13.3% ▲ 33% above avg
College Grads44.8% ▲ 16% above avg
Unemployment2.3% ▼ 54% below avg
No HS Diploma9 (0.6%)
HS Graduate413 (27.3%)
Some College189 (12.5%)
Associates224 (14.8%)
Bachelors267 (17.6%)
Graduate Degree411 (27.2%)

Education

No HS: 0.6%HS Grad: 27.3%Some College: 12.5%Associates: 14.8%Bachelors: 17.6%Graduate: 27.2%Edu
No HS0.6%
HS Grad27.3%
Some College12.5%
Associates14.8%
Bachelors17.6%
Graduate27.2%
Housing & Income

Housing Tenure

Owner: 78.3%Renter: 21.7%Tenure
Owner78.3%
Renter21.7%

Home Value Distribution

Under $50k
3%
$50k–$100k
11%
$100k–$150k
18%
$150k–$200k
23%
$200k–$300k
20%
$300k–$500k
15%
Over $500k
11%

Financials

Median HH Income$62,917 ▼ 18% below avg
Median Home Value$191,900 ▼ 31% below avg
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$681/mo
Total Housing Units1,072
Vacant Units115

Income Distribution

Under $25k
15%
$25k–$50k
19%
$50k–$75k
20%
$75k–$100k
12%
$100k–$150k
19%
$150k–$200k
6%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
83%
Public Transit
1%
Walked
5%
Work From Home
12%

Commute Time

Under 15 min
39%
15–30 min
25%
30–45 min
10%
Over 45 min
25%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
10%
1960s–1970s
9%
1980s–1990s
13%
2000+
65%
About Preston, MN

Preston is a city in Minnesota, located in Fillmore County. The city spans 1 ZIP code and is home to approximately 2,253 residents. It is a mature city, with a median age of 45.2 years.

Economically, Preston is a solidly middle-class community. The median household income of $62,917 is below the national average. Approximately 13.3% of residents live below the poverty line. The unemployment rate is 2.3%, well below the national average.

The real estate market in Preston is an affordable housing market. Median home values stand at $191,900, which is below the national average. Renters typically pay around $681 per month. Homeownership is high at 78.3%, typical of suburban and family-oriented communities.

The population of Preston is well-educated. 44.8% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (94.36%).

Preston, MN offers residents a cost-conscious lifestyle within Minnesota.

ZIP Codes in Preston
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
55965 2,253 $62,917 $191,900 $681 2.3% 44.8% 78.3%