Prinsburg, MN Profile: Facts & Data

Prinsburg, Minnesota - Basic Facts

The City of Prinsburg had a population of 513 as of July 1, 2024.

The primary coordinate point for Prinsburg is located at latitude 44.9338 and longitude -95.1875 in Kandiyohi County. The formal boundaries for the City of Prinsburg encompass a land area of 1 sq. miles and a water area of 0 sq. miles. Kandiyohi County is in the Central time zone (GMT -6).

The City of Prinsburg 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.

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Prinsburg, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	513 (100%)
Population in Households	508 (99.0%)
Population in Families	460 (89.7%)
Population in Group Quarters¹	5 ( 1.0%)
Population Density	507
Diversity Index²	16


INCOME
Median Household Income	$95,055
Average Household Income	$119,207
% of Income for Mortgage⁴	15%
Per Capita Income	$47,418
Wealth Index⁵	117
Socioeconomic Status Index⁶	Moderate (62.1)

HOUSING
Total HU (Housing Units)	215 (100%)
Owner Occupied HU	180 (83.7%)
Renter Occupied HU	24 (11.2%)
Vacant Housing Units	11 ( 5.1%)
Median Home Value	$232,143
Average Home Value	$290,278
Housing Affordability Index³	159

HOUSEHOLDS
Total Households	204
Average Household Size	2.49
Family Households	163
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

215 (100%)

Owner Occupied HU

180 (83.7%)

Renter Occupied HU

24 (11.2%)

Vacant Housing Units

11 ( 5.1%)

Median Home Value

$232,143

Average Home Value

$290,278

Housing Affordability Index³

159

HOUSEHOLDS

Total Households

204

Average Household Size

2.49

Family Households

163

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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	2020-2024	2024-2029
Population	-0.32%	-0.39%
Households	-0.12%	-0.30%
Families		-0.25%
Median Household Income		2.25%
Per Capita Income		2.60%
Owner Occupied HU		-0.56%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.32%

-0.39%

Households

-0.12%

-0.30%

Families

-0.25%

Median Household Income

2.25%

Per Capita Income

2.60%

Owner Occupied HU

-0.56%

Prinsburg, MN - Peer Comparisons by Rank and Percentile

The table below compares Prinsburg to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 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	# 499	46th
Population Density	# 480	48th
Median Household Income	# 206	78th
Housing Affordability Index	# 813	89th
Per Capita Income	# 253	72nd
Diversity Index	# 629	31st

Variable Description

Rank

Percentile

Total Population

# 499

46th

Population Density

# 480

48th

Median Household Income

# 206

78th

Housing Affordability Index

# 813

89th

Per Capita Income

# 253

72nd

Diversity Index

# 629

31st

Minnesota Census Data Comparison Tool

Prinsburg, MN Profile: Facts & Data

Prinsburg, Minnesota - Basic Facts

Prinsburg, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Prinsburg, MN - Peer Comparisons by Rank and Percentile

Prinsburg, MN - Most Popular Things to Do

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Kandiyohi County