Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.2 yrs |
|---|---|
| Avg HH Size | 2.95 |
| Below Poverty | 4.7% ▼ 53% below avg |
| College Grads | 37.1% ≈ Avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 12 (1.9%) |
| HS Graduate | 203 (32.6%) |
| Some College | 72 (11.6%) |
| Associates | 104 (16.7%) |
| Bachelors | 90 (14.5%) |
| Graduate Degree | 141 (22.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $107,500 ▲ 41% above avg |
|---|---|
| Median Home Value | $273,100 ≈ Avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,318/mo |
| Total Housing Units | 351 |
| Vacant Units | 9 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Racine is a city in Minnesota, located in Mower County. The city spans 1 ZIP code and is home to approximately 1,009 residents. It is a middle-aged city, with a median age of 42.2 years.
Economically, Racine is a upper-middle-income community. The median household income of $107,500 is above the national average. Approximately 4.7% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.
The real estate market in Racine is a mid-range housing market. Median home values stand at $273,100, which is near the national average. Renters typically pay around $1,318 per month. Homeownership is high at 95.0%, typical of suburban and family-oriented communities.
The population of Racine is moderately educated. 37.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.42%).
Racine, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55967 | 1,009 | $107,500 | $273,100 | $1,318 | 1.2% | 37.1% | 95.0% |