Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.8 yrs |
|---|---|
| Avg HH Size | 2.86 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 45.9% ▲ 18% above avg |
| Unemployment | 3.9% ▼ 21% below avg |
| No HS Diploma | 4 (0.5%) |
| HS Graduate | 270 (31.6%) |
| Some College | 87 (10.2%) |
| Associates | 101 (11.8%) |
| Bachelors | 97 (11.4%) |
| Graduate Degree | 295 (34.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $116,500 ▲ 53% above avg |
|---|---|
| Median Home Value | $372,100 ▲ 33% above avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,486/mo |
| Total Housing Units | 470 |
| Vacant Units | 10 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Randolph is a city in Minnesota, located in Dakota County. The city spans 1 ZIP code and is home to approximately 1,320 residents. It is a middle-aged city, with a median age of 38.8 years.
Economically, Randolph is a upper-middle-income community. The median household income of $116,500 is significantly above the national average. Approximately 4.2% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in Randolph is a mid-range housing market. Median home values stand at $372,100, which is above the national average. Renters typically pay around $1,486 per month. Homeownership is high at 89.4%, typical of suburban and family-oriented communities.
The population of Randolph is well-educated. 45.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (97.5%).
Randolph, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55065 | 1,320 | $116,500 | $372,100 | $1,486 | 3.9% | 45.9% | 89.4% |