Maynard, MN Profile: Facts & Data

Advertisement

Maynard Local Links & Resources:
Resources | ALL Maynard Content
Planning to visit Maynard? See Local Hotels

Also See Maynard, MN: ZIP Codes & Maps

Maynard, Minnesota - Basic Facts

The City of Maynard had a population of 310 as of July 1, 2023.

The primary coordinate point for Maynard is located at latitude 44.9069 and longitude -95.4689 in Chippewa County. The formal boundaries for the City of Maynard encompass a land area of 0.65 sq. miles and a water area of 0 sq. miles. Chippewa County is in the Central time zone (GMT -6).

The City of Maynard 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. Maynard 2023 Demographic Data
  2. Growth Rates for Maynard (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
Advertisement

Maynard, MN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 310 (100%)
Population in Households 310 (100.0%)
Population in Families 230 (74.2%)
Population in Group Quarters1 0
Population Density 517
Diversity Index2 24
 
 

INCOME

Median Household Income $55,391
Average Household Income $73,890
% of Income for Mortgage4 22%
Per Capita Income $36,468
Wealth Index5 61
Socioeconomic Status Index6 Moderate (56.1)
 

HOUSING

Total HU (Housing Units) 167 (100%)
Owner Occupied HU 117 (70.1%)
Renter Occupied HU 36 (21.6%)
Vacant Housing Units 14 ( 8.4%)
Median Home Value $205,000
Average Home Value $198,718
Housing Affordability Index3 108
 

HOUSEHOLDS

Total Households 153
Average Household Size 2.03
Family Households 79
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 -0.88% -0.59%
Households -0.40% -0.66%
Families   -0.25%
Median Household Income   -1.06%
Per Capita Income   2.71%
Owner Occupied HU   -0.17%

Maynard, MN - Peer Comparisons by Rank and Percentile

The table below compares Maynard 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 # 599 35th
Population Density # 477 48th
Median Household Income # 760 17th
Housing Affordability Index # 435 48th
Per Capita Income # 561 39th
Diversity Index # 346 62nd

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

Maynard, MN - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Minnesota Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2023, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Minnesota Census Data Comparison Tool

Compare Minnesota July 1, 2023 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement