PAYNESVILLE, MN  56362

Total Population: 5,560

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Median Home Value

$242,700

Owner-occupied units

Median Household Income

$81,536

Across all households

Median Age

45.1 yrs

Across all residents

Bachelor's Degree+

26.9%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)92.8%
Hispanic or Latino3.4%
Two or More Races2.3%
Asian (Non-Hispanic)0.6%
Black (Non-Hispanic)0.3%
Other Race0.3%
Am. Indian / Alaska Native0.2%

Under 18 Years

20.9%

65 Years and Over

24.7%

Male

52.9%

Female

47.1%

U.S. Citizens (18+)

99.0%

No Health Insurance

5.6%

Education

3 fields

High School Graduate or Higher (25+)

93.2%

Bachelor's Degree or Higher (25+)

26.9%

Enrolled in College (18+)

5.7%

Economics

6 fields

Median Household Income

$81,536

Mean Household Income

$102,056

Per Capita Income

$41,866

Unemployment Rate (16+)

1.5%

In Labor Force (19–64)

87.7%

SNAP / Food Stamps

7.0%

Housing & Households

13 fields

Median Home Value

$242,700

Median Rent

$888/mo

Total Housing Units

2,942

Owner-Occupied

82.6%

Renter-Occupied

17.4%

Vacancy Rate

23.0%

Married Couple Households

59.3%

Cohabiting Couple Households

11.2%

Male Householder, No Partner

13.2%

Female Householder, No Partner

16.3%

Average Household Size

2.43

Broadband Internet Access

89.0%

Housing Built Since 2010

7.4%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 56362.