Trimont, MN Profile: Facts & Data

The primary coordinate point for Trimont is located at latitude 43.7622 and longitude -94.7072 in Martin County. The formal boundaries for the City of Trimont encompass a land area of 0.78 sq. miles and a water area of 0 sq. miles. Martin County is in the Central time zone (GMT -6).

The City of Trimont 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.

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

POPULATION
Total Population	684 (100%)
Population in Households	657 (96.1%)
Population in Families	485 (70.9%)
Population in Group Quarters¹	27 ( 3.9%)
Population Density	871
Diversity Index²	15


INCOME
Median Household Income	$74,624
Average Household Income	$89,785
% of Income for Mortgage⁴	7%
Per Capita Income	$40,357
Wealth Index⁵	78
Socioeconomic Status Index⁶	Moderate (54.5)

HOUSING
Total HU (Housing Units)	333 (100%)
Owner Occupied HU	243 (73.0%)
Renter Occupied HU	64 (19.2%)
Vacant Housing Units	26 ( 7.8%)
Median Home Value	$82,422
Average Home Value	$98,560
Housing Affordability Index³	350

HOUSEHOLDS
Total Households	307
Average Household Size	2.14
Family Households	174
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.

Trimont, MN - Peer Comparisons by Rank and Percentile

The table below compares Trimont 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	-0.71%	-0.44%
Households	-0.45%	-0.26%
Families		-0.35%
Median Household Income		2.87%
Per Capita Income		3.69%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 433	53rd
Population Density	# 327	64th
Median Household Income	# 523	43rd
Housing Affordability Index	# 914	100th
Per Capita Income	# 489	47th
Diversity Index	# 683	26th

Trimont, MN Profile: Facts & Data

Trimont, Minnesota - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Trimont, MN - Peer Comparisons by Rank and Percentile

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Martin County