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CITY · 2020 ACS

Finlayson

Minnesota · 295 residents · 2.41 sq mi
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The short version

Finlayson has notably lower household income than the US average, with a median household income of $44,063. Population has declined 6% since 2000. 13% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $127,100. With a median age of 45.7, the population is older than the US median of 38.8. Households here earn about 40% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 45.7
US median: 38.8
Less educated
13% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

295
−6%since 2000
from 314 in 2000
1990 – 2025
122 / sq mi
−6%since 2000
from 130 / sq mi in 2000
US average: 280
45.7
+23%since 2000
from 37.3 in 2000
US average: 38.8
Population, 19902024
1762192623053481990201020202024Finlayson
2024267
1990201020202024
Section 02

Income & economy

$44,063
−19%inflation adjusted, since 2000
from $36,250 in 2000
US average: $66,278
1990 – 2024
$20,820
+24%since 2000
from $16,818 in 2000
US average: $35,364
Households earning $100K+
15.2%
−0.6 ptssince 2009
from 15.8% in 2009
US average: 43.9%
22.2%
+14.0 ptssince 2000
from 8.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade25.9%
US avg: 6.7%
Retail trade4.7%
US avg: 10%
Other services4.7%
US avg: 6.6%
Agriculture, forestry, fishing3.5%
US avg: 1.7%
Construction3.5%
US avg: 1.2%
Information3.5%
US avg: 11.1%
Transportation & warehousing2.4%
US avg: 2.5%
Finance & insurance2.4%
US avg: 5.5%
Professional, scientific, technical2.4%
US avg: 4.7%
Public administration2.4%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$127,100
−1%inflation adjusted, since 2000
from $85,400 in 2000
US average: $265,253
1990 – 2024
$572
+38%inflation adjusted, since 2000
from $275 in 2000
US average: $1,124
70.9%
−7.2 ptssince 2000
from 78.0% in 2000
29.1% rent
2.9
+22%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Finlayson on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.5%(303)
Black0.6%(2)
Hispanic / Latino1.3%(4)
Asian0.3%(1)
Other0%
Diversity Score5.6%(17)
2020
White, non-Hispanic90.8%(268)
Black1%(3)
Hispanic / Latino4.4%(13)
Asian0.3%(1)
Other0%(0)
Diversity Score14.2%(42)
14
+156%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

13.1%
+4.8 ptssince 2000
from 8.3% in 2000
US average: 32.9%
High school or higher
90.6%
+16.1 ptssince 2000
from 74.6% in 2000
US average: 88.5%
5.0%
+5.0 ptssince 2000
from 0.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

40.8 min
+114%since 2000
from 19.0 min in 2000
US average: 26.9
83.1%
+3.9 ptssince 2009
from 79.2% in 2009
US average: 75.1%
13.3%
+11.9 ptssince 2009
from 1.4% in 2009
US average: 8.4%
Section 07

Work & employment

2.3%
−5.0 ptssince 2011
from 7.3% in 2011
US average: 5.4%
52.1%
−22.2 ptssince 2011
from 74.3% in 2011
US average: 63.4%
25.9%
−36.4 ptssince 2009
from 62.3% in 2009
US average: 39.3%
Section 08

People & community

52.0%
−5.8 ptssince 2009
from 57.8% in 2009
48.0%
+5.8 ptssince 2009
from 42.2% in 2009
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
6.7%
−86.1 ptssince 2013
from 92.8% in 2013
US average: 8.8%
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Frequently asked

How many people live in Finlayson, Minnesota?

Finlayson, Minnesota has about 295 residents according to the 2020 American Community Survey.

What is the median household income in Finlayson, Minnesota?

The typical household in Finlayson, Minnesota earns about $44,063 a year. Half of households make more than that, and half make less.

Is Finlayson, Minnesota expensive?

In Finlayson, Minnesota, the median home is worth about $127,100, and the typical rent is about $572 a month.

How educated are people in Finlayson, Minnesota?

About 13.1% of adults age 25 and over in Finlayson, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Finlayson, Minnesota?

About 22.2% of people in Finlayson, Minnesota live below the federal poverty line.

Has Finlayson, Minnesota grown since 1990?

Yes, Finlayson, Minnesota has grown since 1990. The population has added about 52 residents, a change of about 21 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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