Dayton, MN Profile: Facts & Data

The City of Dayton had a population of 10,966 as of July 1, 2024. Dayton ranks in the upper 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 Dayton is located at latitude 45.2439 and longitude -93.515 in Hennepin County. The formal boundaries for the City of Dayton encompass a land area of 23.25 sq. miles and a water area of 1.89 sq. miles. Hennepin County is in the Central time zone (GMT -6).

While the primary coordinates for City of Dayton are located in Hennepin County, it should be noted that the formal boundaries for this community also extend into and Wright County.

The City of Dayton 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.

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

POPULATION
Total Population	10,966 (100%)
Population in Households	10,947 (99.8%)
Population in Families	9,877 (90.1%)
Population in Group Quarters¹	19 ( 0.2%)
Population Density	468
Diversity Index²	44


INCOME
Median Household Income	$155,046
Average Household Income	$188,842
% of Income for Mortgage⁴	20%
Per Capita Income	$63,753
Wealth Index⁵	187
Socioeconomic Status Index⁶	Moderate (60.9)

HOUSING
Total HU (Housing Units)	3,884 (100%)
Owner Occupied HU	3,497 (90.0%)
Renter Occupied HU	205 ( 5.3%)
Vacant Housing Units	182 ( 4.7%)
Median Home Value	$487,574
Average Home Value	$510,538
Housing Affordability Index³	120

HOUSEHOLDS
Total Households	3,702
Average Household Size	2.96
Family Households	3,045
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.

Dayton, MN - Peer Comparisons by Rank and Percentile

The table below compares Dayton 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	10.18%	1.85%
Households	10.12%	2.05%
Families		2.07%
Median Household Income		3.04%
Per Capita Income		3.31%
Owner Occupied HU		2.16%

Variable Description	Rank	Percentile
Total Population	# 98	89th
Population Density	# 515	44th
Median Household Income	# 18	98th
Housing Affordability Index	# 627	69th
Per Capita Income	# 55	94th
Diversity Index	# 139	85th

Dayton, MN Profile: Facts & Data

Dayton, Minnesota - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Dayton, MN - Peer Comparisons by Rank and Percentile

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