Slayton, MN Profile: Facts & Data

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Slayton, Minnesota - Basic Facts

The City of Slayton had a population of 2,115 as of July 1, 2019. Slayton ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Slayton is located at latitude 43.9877 and longitude -95.7558 in Murray County. The formal boundaries for the City of Slayton encompass a land area of 1.96 sq. miles and a water area of 0 sq. miles. Murray County is in the Central time zone (GMT -6). The elevation is 1,608 feet.

The City of Slayton (GNIS ID: 2395897) 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 Slayton: City of Slayton.

Jump to... (On This Page!)
  1. Slayton 2019 Demographic Data
  2. Growth Rates for Slayton (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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Slayton, MN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Slayton, MN Housing Affordability Index is 271
State of Minnesota Housing Affordability Index is 135
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.

WEALTH INDEX

Slayton, MN Wealth Index is 74
State of Minnesota Wealth Index is 112
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Minnesota COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 2,115 (100%)
Population in Households 2,051 (97.0%)
Population in Families 1,613 (76.3%)
Population in Group Quarters1 64 ( 3.0%)
Population Density 1,083
Diversity Index2 9
 

INCOME

Median Household Income $52,732
Average Household Income $65,793
Per Capita Income $28,482
Wealth Index4 74

HOUSING

Total Housing Units 1,035 (100%)
Owner Occupied HU 670 (64.7%)
Renter Occupied HU 255 (24.6%)
Vacant Housing Units 110 (10.6%)
Median Home Value $95,528
Housing Affordability Index3 271
 

HOUSEHOLDS

Total Households 925
Average Household Size 2.22
Family Households 578
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 race 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 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

2010-2019 2019-2024
Population -0.19% -0.32%
Households -0.24% -0.37%
Families 0.23% -0.42%
Median Household Income   1.48%
Per Capita Income   2.28%

Slayton, MN - Peer Comparisons by Rank and Percentile

The table below compares Slayton to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2019 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 # 254 72nd
Population Density # 259 71st
Diversity Index # 703 22nd
Median Household Income # 634 30th
Per Capita Income # 594 34th

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

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