Stephen, MN Profile: Facts & Data

The primary coordinate point for Stephen is located at latitude 48.45 and longitude -96.8726 in Marshall County. The formal boundaries for the City of Stephen encompass a land area of 0.81 sq. miles and a water area of 0 sq. miles. Marshall County is in the Central time zone (GMT -6).

The City of Stephen 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.

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

POPULATION
Total Population	590 (100%)
Population in Households	570 (96.6%)
Population in Families	441 (74.7%)
Population in Group Quarters¹	20 ( 3.4%)
Population Density	749
Diversity Index²	26


INCOME
Median Household Income	$76,713
Average Household Income	$82,813
% of Income for Mortgage⁴	10%
Per Capita Income	$35,270
Wealth Index⁵	59
Socioeconomic Status Index⁶	Moderate (53.7)

HOUSING
Total HU (Housing Units)	294 (100%)
Owner Occupied HU	201 (68.4%)
Renter Occupied HU	50 (17.0%)
Vacant Housing Units	43 (14.6%)
Median Home Value	$125,000
Average Home Value	$179,851
Housing Affordability Index³	242

HOUSEHOLDS
Total Households	251
Average Household Size	2.27
Family Households	154
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.

Stephen, MN - Peer Comparisons by Rank and Percentile

The table below compares Stephen 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.08%	-0.34%
Households	-0.65%	-0.48%
Families		-0.52%
Median Household Income		2.23%
Per Capita Income		2.28%
Owner Occupied HU		-0.30%

Variable Description	Rank	Percentile
Total Population	# 466	49th
Population Density	# 380	59th
Median Household Income	# 478	48th
Housing Affordability Index	# 900	98th
Per Capita Income	# 696	24th
Diversity Index	# 314	66th

Stephen, MN Profile: Facts & Data

Stephen, Minnesota - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Stephen, MN - Peer Comparisons by Rank and Percentile

Stephen, MN - Most Popular Things to Do

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Marshall County