Parkers Prairie, MN Profile: Facts & Data

The City of Parkers Prairie had a population of 1,040 as of July 1, 2021. Parkers Prairie 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 Parkers Prairie is located at latitude 46.153 and longitude -95.3289 in Otter Tail County. The formal boundaries for the City of Parkers Prairie encompass a land area of 1.22 sq. miles and a water area of 0.01 sq. miles. Otter Tail County is in the Central time zone (GMT -6). The elevation is 1,467 feet.

The City of Parkers Prairie 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.

Parkers Prairie, MN Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	1,040 (100%)
Population in Households	985 (94.7%)
Population in Families	762 (73.3%)
Population in Group Quarters¹	55 ( 5.3%)
Population Density	833
Diversity Index²	7


INCOME
Median Household Income	$54,390
Average Household Income	$61,258
% of Income for Mortgage⁴	11%
Per Capita Income	$25,570
Wealth Index⁵	51

HOUSING
Total HU (Housing Units)	477 (100%)
Owner Occupied HU	337 (70.6%)
Renter Occupied HU	104 (21.8%)
Vacant Housing Units	36 ( 7.5%)
Median Home Value	$140,549
Average Home Value	$154,377
Housing Affordability Index³	218

HOUSEHOLDS
Total Households	441
Average Household Size	2.23
Family Households	265
Average Family Size	3

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.

Parkers Prairie, MN - Peer Comparisons by Rank and Percentile

The table below compares Parkers Prairie 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.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	0.25%	0.32%
Households	0.27%	0.32%
Families	0.59%	0.15%
Median Household Income		1.29%
Per Capita Income		1.96%
Owner Occupied HU		0.82%

Variable Description	Rank	Percentile
Total Population	# 361	60th
Population Density	# 351	61st
Median Household Income	# 679	25th
Housing Affordability Index	# 679	75th
Per Capita Income	# 792	12th
Diversity Index	# 828	9th

Parkers Prairie, MN Profile: Facts & Data

Parkers Prairie, Minnesota - Basic Facts

Parkers Prairie, MN Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Parkers Prairie, MN - Peer Comparisons by Rank and Percentile

Parkers Prairie, MN - Most Popular Things to Do

Use HTL Address Research for a Minnesota Address and get...

Quick & Easy Ways to...

Minnesota Census Data Comparison Tool

Otter Tail County

Parkers Prairie Jobs