Mankato is home to 104,282 people. Few US metro areas rank higher on income. This skews young, with a median age of 33.8. The average commute runs 17 minutes. The foreign-born share is 5%. 18,570 more people live here than in 2000.
At a glance
Lower income
median household income $76,219, below the US median
US median: $82,259
Younger
median age 33.8
US median: 38.9
Average education
35% hold a bachelor's degree
US average: 36%
Less affordable
home values up 46%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Mankato
What changed most since 1990
Hispanic share0.9% → 5.0%(+4.1 pts)US over the same years: +9.9 pts
Among the 23 metro and micro areas based in Minnesota
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)23.6%(938)
US avg: 26.4%
Gulf War (1990s)16.4%(651)
US avg: 24.3%
Vietnam era35.9%(1,425)
US avg: 33.1%
Korean War4.5%(179)
US avg: 4.5%
World War II1.7%(66)
US avg: 1%
Share of the 3,971 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Mankato, decade by decade
Mankato population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
82,120
$65,086
$147,481
22.6%
6.1
2000
85,712
$75,510
$183,467
27.6%
13.2
2010
96,740
$73,571
$238,224
31.3%
20.5
2020
103,566
$77,277
$240,218
34.5%
37.0
2024
104,282
$76,219
$267,888
34.8%
34.4
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.
