Erskine, MN Profile: Facts & Data

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Erskine, Minnesota - Basic Facts

The City of Erskine had a population of 419 as of July 1, 2024.

The primary coordinate point for Erskine is located at latitude 47.6675 and longitude -96.01 in Polk County. The formal boundaries for the City of Erskine encompass a land area of 0.71 sq. miles and a water area of 0.32 sq. miles. Polk County is in the Central time zone (GMT -6).

The City of Erskine 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.


Jump to... (On This Page!)
  1. Erskine 2024 Demographic Data
  2. Growth Rates for Erskine (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 - 2024 Demographics
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Erskine, MN Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 419 (100%)
Population in Households 419 (100.0%)
Population in Families 321 (76.6%)
Population in Group Quarters1 0
Population Density 650
Diversity Index2 18
 
 

INCOME

Median Household Income $47,901
Average Household Income $66,804
% of Income for Mortgage4 25%
Per Capita Income $30,293
Wealth Index5 49
Socioeconomic Status Index6 Low (43.0)
 

HOUSING

Total HU (Housing Units) 235 (100%)
Owner Occupied HU 140 (59.6%)
Renter Occupied HU 50 (21.3%)
Vacant Housing Units 45 (19.1%)
Median Home Value $190,000
Average Home Value $247,143
Housing Affordability Index3 97
 

HOUSEHOLDS

Total Households 190
Average Household Size 2.21
Family Households 111
Average Family Size 3.00
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.
  6. 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.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.92% -0.10%
Households -0.61% -0.42%
Families   0.36%
Median Household Income   2.09%
Per Capita Income   2.39%
Owner Occupied HU   -0.43%

Erskine, MN - Peer Comparisons by Rank and Percentile

The table below compares Erskine 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.

Variable Description Rank Percentile
Total Population # 541 41st
Population Density # 409 55th
Median Household Income # 879 4th
Housing Affordability Index # 401 44th
Per Capita Income # 821 10th
Diversity Index # 574 37th

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

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