Also See Paynesville, MN: ZIP Codes & Maps
The City of Paynesville had a population of 2,445 as of July 1, 2024.
The primary coordinate point for Paynesville is located at latitude 45.3805 and longitude -94.7119 in Stearns County. The formal boundaries for the City of Paynesville encompass a land area of 2.32 sq. miles and a water area of 0 sq. miles. Stearns County is in the Central time zone (GMT -6).
The City of Paynesville 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.
POPULATION | |
---|---|
Total Population | 2,445 (100%) |
Population in Households | 2,407 (98.4%) |
Population in Families | 1,854 (75.8%) |
Population in Group Quarters1 | 38 ( 1.6%) |
Population Density | 1,068 |
Diversity Index2 | 20 |
INCOME | |
Median Household Income | $69,019 |
Average Household Income | $89,640 |
% of Income for Mortgage4 | 33% |
Per Capita Income | $39,799 |
Wealth Index5 | 77 |
Socioeconomic Status Index6 | Moderate (58.4) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,157 (100%) |
Owner Occupied HU | 811 (70.1%) |
Renter Occupied HU | 274 (23.7%) |
Vacant Housing Units | 72 ( 6.2%) |
Median Home Value | $360,526 |
Average Home Value | $436,128 |
Housing Affordability Index3 | 74 |
HOUSEHOLDS | |
Total Households | 1,085 |
Average Household Size | 2.22 |
Family Households | 670 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 0.56% | 0.13% |
Households | 0.55% | 0.29% |
Families | 0.00% | |
Median Household Income | 3.63% | |
Per Capita Income | 3.49% | |
Owner Occupied HU | 0.71% |
The table below compares Paynesville 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 | # 237 | 74th |
Population Density | # 250 | 73rd |
Median Household Income | # 599 | 35th |
Housing Affordability Index | # 211 | 23rd |
Per Capita Income | # 512 | 44th |
Diversity Index | # 466 | 49th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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