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Preston city, Minnesota

City

Population: 1,315 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for Preston city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Preston city

What is the median household income in Preston city?
The median household income in Preston city is $60,438 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Preston city?
The poverty rate in Preston city is 7.7% (U.S. Census Bureau ACS 2023).
What is the median home value in Preston city?
$169,600 (U.S. Census Bureau ACS 2023).
What is the average rent in Preston city?
The median gross rent in Preston city is $649 per month (U.S. Census Bureau ACS 2023).
What percentage of Preston city residents have a college degree?
27.6% of adults in Preston city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,315
Median Income
$60,438
Median Home Value
$169,600
Poverty Rate
7.7%
Unemployment (ACS 2023)
3.5%
Median Age
41.0 yrs
Since 2019 Median Income: +$10,688 (+21.5%) Home Value: +$52,500 (+44.8%) Poverty Rate: -4.3 pp (-35.8%) Bachelor's+: 0.0 pp (+0%) Unemployment: +1.2 pp (+52.2%)

Demographics

Total Population 1,315
Median Age 41.0
Female 47.9%
Race & Ethnicity
Hispanic or Latino 1.4% White (non-Hisp.) 96.6% Black 0.7% Asian 0.3% Two or More 1.3% Other 0.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $60,438 ±$5,894
-$27,118 vs. state
Per Capita Income $84,216
Median Family Income $83,000
Poverty Rate 7.7%
+2.2 pp vs. state
Child Poverty Rate 16.5%
Working-Age Poverty Rate
SNAP Recipients 14.5%
Social Security Income
Retirement Income 27.0%
Household Income Distribution
< $10k
4.9%
$10–15k
1.9%
$15–25k
9.8%
$25–35k
5.3%
$35–50k
17.7%
$50–75k
19.8%
$75–100k
13.5%
$100–150k
17.2%
$150–200k
3.2%
$200k+
6.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 622
Owner-Occupied 72.9%
Renter-Occupied 27.1%
Vacancy Rate 8.2%
Median Home Value $169,600
-$135,900 vs. state
Median Gross Rent $649
Owner Cost Burden (30%+) 15.3%
Renter Cost Burden (30%+) 27.5%
Home Value Distribution
< $50k
2.6%
$50–100k
14.4%
$100–200k
24.3%
$200–300k
16.8%
$300–500k
8.9%
$500k–$1M
4.1%
Gross Rent Distribution
< $500
28.8%
$500–1k
53.6%
$1–1.5k
17.6%
Vehicle Availability
No vehicle
10.5%
1 vehicle
27.0%
2 vehicles
38.0%
3+
24.5%
Housing Type
Single-fam. det.
66.4%
Single-fam. att.
2.6%
2–4 units
2.1%
5–19 units
11.3%
20+ units
3.5%
Mobile home
4.7%
Housing Age
Pre-1940
34.9%
1940–1969
3.4%
1970–1999
12.7%
2000–2009
17.5%
2010+
0.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 97.4%
Bachelor's or Higher 27.6%
-11.2 pp vs. state
Graduate Degree 8.4%
Some College / Associate 21.1%
Less Than High School 1.7%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 65.1%
Unemployment Rate 3.5%
-0.4 pp vs. state
Work from Home 11.9%
Self-Employed 4.2%
Government Workers 13.3%
Private For-Profit 82.5%
Industry
Edu/Health
30.5%
Manufacturing
12.6%
Prof. Services
10.6%
Retail
10.3%
Arts/Entmt.
6.4%
Construction
5.7%
Finance
5.5%
Transportation
4.6%
Public Admin
3.9%
Agriculture
3.1%
Wholesale
2.1%
Information
0.6%
Occupation
Management
31.4%
Sales
23.8%
Food Prep
17.8%
Production
15.4%
Construction
11.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 21.7 min
Drove Alone 77.5%
Carpool 2.5%
Public Transit 1.1%
Work from Home 11.9%
Walked 5.8%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 571
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 45.9%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 15.8%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.9%
5–9
8.9%
10–14
3.2%
15–19
3.7%
20–24
7.2%
25–34
12.2%
35–44
12.4%
45–54
9.0%
55–64
7.0%
65–74
8.6%
75–84
12.4%
85+
4.3%
Under 18: 21.4% Working age (18–64): 78.6% 65 and over: 21.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 0.5%
Naturalized Citizen 57.1%
Speaks English Less Than Very Well 0.0%
Foreign-Born Origin
Asia
57.1%
Europe
42.9%

Veterans & Disability

Veteran 7.4%
With a Disability 15.8%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 93.5%
Uninsured 6.5%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 86.2%
Has a Computer 88.6%
Same House 1 Year Ago 84.8%
Moved from Abroad 1.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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