Grand Meadow, MN Profile: Facts & Data

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Grand Meadow, Minnesota - Basic Facts

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The City of Grand Meadow had a population of 1,160 as of July 1, 2021. Grand Meadow ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Grand Meadow is located at latitude 43.7058 and longitude -92.5721 in Mower County. The formal boundaries for the City of Grand Meadow encompass a land area of 0.67 sq. miles and a water area of 0 sq. miles. Mower County is in the Central time zone (GMT -6). The elevation is 1,355 feet.

The City of Grand Meadow 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.

Alternate Unofficial Names for Grand Meadow: City of Grand Meadow.

Jump to... (On This Page!)
  1. Grand Meadow 2021 Demographic Data
  2. Growth Rates for Grand Meadow (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 - 2021 Demographics
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Grand Meadow, MN Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 1,160 (100%)
Population in Households 1,142 (98.4%)
Population in Families 956 (82.4%)
Population in Group Quarters1 18 ( 1.6%)
Population Density 1,700
Diversity Index2 13
 
 

INCOME

Median Household Income $75,967
Average Household Income $86,788
% of Income for Mortgage4 12%
Per Capita Income $33,521
Wealth Index5 89
 

HOUSING

Total HU (Housing Units) 499 (100%)
Owner Occupied HU 383 (76.8%)
Renter Occupied HU 83 (16.6%)
Vacant Housing Units 33 ( 6.6%)
Median Home Value $215,000
Average Home Value $262,369
Housing Affordability Index3 208
 

HOUSEHOLDS

Total Households 466
Average Household Size 2.45
Family Households 321
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.16% 0.22%
Households 0.23% 0.26%
Families 1.0% 0.12%
Median Household Income   1.62%
Per Capita Income   2.55%
Owner Occupied HU   0.52%

Grand Meadow, MN - Peer Comparisons by Rank and Percentile

The table below compares Grand Meadow to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2021 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 # 343 62nd
Population Density # 114 87th
Median Household Income # 233 74th
Housing Affordability Index # 637 71st
Per Capita Income # 338 63rd
Diversity Index # 571 38th

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

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