Dayton, MN Profile: Facts & Data

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Dayton, Minnesota - Basic Facts

The City of Dayton had a population of 10,595 as of July 1, 2023. Dayton ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Dayton is located at latitude 45.2439 and longitude -93.515 in Hennepin County. The formal boundaries for the City of Dayton encompass a land area of 23.25 sq. miles and a water area of 1.89 sq. miles. Hennepin County is in the Central time zone (GMT -6).

While the primary coordinates for City of Dayton are located in Hennepin County, it should be noted that the formal boundaries for this community also extend into and Wright County.

The City of Dayton has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Dayton 2023 Demographic Data
  2. Growth Rates for Dayton (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2023 Demographics
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Dayton, MN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 10,595 (100%)
Population in Households 10,576 (99.8%)
Population in Families 9,268 (87.5%)
Population in Group Quarters1 19 ( 0.2%)
Population Density 452
Diversity Index2 45
 
 

INCOME

Median Household Income $125,102
Average Household Income $166,707
% of Income for Mortgage4 21%
Per Capita Income $55,985
Wealth Index5 198
Socioeconomic Status Index6 Moderate (58.7)
 

HOUSING

Total HU (Housing Units) 3,768 (100%)
Owner Occupied HU 3,393 (90.0%)
Renter Occupied HU 165 ( 4.4%)
Vacant Housing Units 210 ( 5.6%)
Median Home Value $442,049
Average Home Value $452,174
Housing Affordability Index3 110
 

HOUSEHOLDS

Total Households 3,558
Average Household Size 2.97
Family Households 2,820
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 12.32% 2.17%
Households 12.05% 2.01%
Families   2.02%
Median Household Income   4.16%
Per Capita Income   2.99%
Owner Occupied HU   2.14%

Dayton, MN - Peer Comparisons by Rank and Percentile

The table below compares Dayton to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 99 89th
Population Density # 528 42nd
Median Household Income # 29 97th
Housing Affordability Index # 454 50th
Per Capita Income # 77 92nd
Diversity Index # 130 86th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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