Verndale, MN Profile: Facts & Data

Verndale, Minnesota - Basic Facts

The City of Verndale had a population of 532 as of July 1, 2024.

The primary coordinate point for Verndale is located at latitude 46.3983 and longitude -95.0147 in Wadena County. The formal boundaries for the City of Verndale encompass a land area of 0.98 sq. miles and a water area of 0 sq. miles. Wadena County is in the Central time zone (GMT -6).

The City of Verndale 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.

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Verndale, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	532 (100%)
Population in Households	532 (100.0%)
Population in Families	429 (80.6%)
Population in Group Quarters¹	0
Population Density	516
Diversity Index²	22


INCOME
Median Household Income	$66,037
Average Household Income	$75,239
% of Income for Mortgage⁴	17%
Per Capita Income	$35,215
Wealth Index⁵	56
Socioeconomic Status Index⁶	Moderate (49.7)

HOUSING
Total HU (Housing Units)	268 (100%)
Owner Occupied HU	197 (73.5%)
Renter Occupied HU	52 (19.4%)
Vacant Housing Units	19 ( 7.1%)
Median Home Value	$179,902
Average Home Value	$219,289
Housing Affordability Index³	141

HOUSEHOLDS
Total Households	249
Average Household Size	2.14
Family Households	155
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

268 (100%)

Owner Occupied HU

197 (73.5%)

Renter Occupied HU

52 (19.4%)

Vacant Housing Units

19 ( 7.1%)

Median Home Value

$179,902

Average Home Value

$219,289

Housing Affordability Index³

141

HOUSEHOLDS

Total Households

249

Average Household Size

2.14

Family Households

155

Average Family Size

3.00

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.
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	0.95%	0.45%
Households	1.07%	0.63%
Families		1.01%
Median Household Income		1.72%
Per Capita Income		2.58%
Owner Occupied HU		0.40%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.95%

0.45%

Households

1.07%

0.63%

Families

1.01%

Median Household Income

1.72%

Per Capita Income

2.58%

Owner Occupied HU

0.40%

Verndale, MN - Peer Comparisons by Rank and Percentile

The table below compares Verndale 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	# 489	46th
Population Density	# 473	48th
Median Household Income	# 645	30th
Housing Affordability Index	# 751	82nd
Per Capita Income	# 698	24th
Diversity Index	# 413	55th

Variable Description

Rank

Percentile

Total Population

# 489

46th

Population Density

# 473

48th

Median Household Income

# 645

30th

Housing Affordability Index

# 751

82nd

Per Capita Income

# 698

24th

Diversity Index

# 413

55th

Minnesota Census Data Comparison Tool

Verndale, MN Profile: Facts & Data

Verndale, Minnesota - Basic Facts

Verndale, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Verndale, MN - Peer Comparisons by Rank and Percentile

Verndale, MN - Most Popular Things to Do

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