Housing Value★★★★★★★★★★3.3 / 5Home values compared with local household income.
Living in Mankato, MN
Explore Mankato and see how it fits the life you want to build.
Overall Match6.7 / 10
Baseline match from currently available location scores. Choose priorities to personalize it.
Mankato at a Glance
Key facts and current data
Population45,473
Median Household Income$66,873
Median Home Value$261,700
Median Gross Rent$1,132
Median Age26.5
Average Household Size2.3
Unemployment6.0%
Work From Home7.8%
Homeownership50.0%
Housing Vacancy7.4%
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year.
Mankato is a mid-sized community where local neighborhoods, nearby job centers and regional access can matter as much as citywide averages.
Experience the Area
Experience Life in Mankato Before You Move
Explore Short-Term Stays in Mankato →Stay options powered by Stay22 · affiliate
NarrowTheList highly recommends you spend a week or two in Mankato and experience everyday life before deciding whether it is the right place to call home. Use that time to explore neighborhoods, drive your normal routes, shop where residents shop, and get a feel for the area at different times of day.
NarrowTheList Ratings
Data-driven starter ratings. More categories appear automatically as new datasets are added.
Housing & Cost of Living in Mankato
Current housing indicators from the U.S. Census Bureau
Median Home Value$261,700
Median Gross Rent$1,132
Homeownership50.0%
Housing Vacancy7.4%
Home values are moderately high relative to local household income, making neighborhood-level price differences important for buyers. Renters make up a substantial share of the local housing market.
Jobs, Income & Remote Work
Employment and household-income context for Mankato, MN
Median Household Income$66,873
Unemployment6.0%
Work From Home7.8%
The reported unemployment rate is in a middle range.
Population & Household Profile
Who lives in Mankato and how households are structured
Population45,473
Median Age26.5
Average Household Size2.3
Mankato is a smaller community, so its relationship with nearby towns, employment centers and services can be especially important.
Source: U.S. Census Bureau, 2020-2024 ACS 5-Year. NarrowTheList presents these values as relocation context; conditions can vary within a community.
Climate & Weather in Mankato
Long-term NOAA climate normals and practical seasonal context
NOAA climate normals for Mankato point to warm summers, cold winters, a wetter annual rainfall pattern and substantial annual snowfall.
Average Summer High81.9°F
Average Winter Low5.7°F
Annual Rainfall36.4 in.
Annual Snowfall38.7 in.
Seasonal Life in Mankato
What the long-term climate pattern may mean for everyday living.
Spring
Spring is a useful time to evaluate how quickly outdoor conditions become comfortable and how seasonal rain affects everyday routines.
Summer
Summer is warm enough that shade and cooling still matter, but the typical high is below the extreme-heat range seen in many hotter U.S. markets.
Fall
Fall marks a substantial seasonal transition here. It is a useful time to judge how quickly temperatures change and whether that seasonal swing fits the lifestyle you want.
Winter
Freezing winter lows and meaningful snowfall make snow removal, winter driving, heating costs and cold-weather routines important parts of evaluating the area.
Source: NOAA/NCEI U.S. Climate Normals, 1991–2020. Seasonal descriptions are relocation context derived from the available long-term normals, not a forecast.
County Intelligence
Mankato & Its Counties
Data Pending
Foreclosure Activity
Mankato spans Blue Earth, Le Sueur and Nicollet counties.
Living in a community that crosses county lines can make location within Mankato especially important. Property taxes, housing characteristics, public services and other county-level factors may vary depending on which part of the community you call home.
Current NarrowTheList data for Mankato shows a population of about 45,473. These local figures become more useful when read together with county-level tax, housing, foreclosure and demographic conditions rather than treated as isolated city statistics.
Foreclosure Activity: Data Pending. A county-specific foreclosure signal is not available yet.
For someone comparing homes, county boundaries can matter because taxes, public services, court and recording systems, assessment practices and housing-market conditions are often administered or reported at the county level. NarrowTheList keeps that county relationship attached to the community so future tax, foreclosure, housing and demographic data can be interpreted in the correct geographic context.
County relationship
Blue Earth County, Le Sueur County and Nicollet County
How NarrowTheList uses it
NarrowTheList connects Mankato with all 3 of its counties rather than assigning the community to only one. As additional county data becomes available, those differences can be compared alongside city-level information to help identify which parts of the area may better fit your priorities.
Nearby Cities & Communities
Nearby incorporated cities, towns, villages and other municipalities shown by straight-line distance.