Orono, Minnesota Median Income

Orono, Minnesota has a population of 8,300, with a median household income of $164,200.

Current median income data for Orono.

$164,200

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Population

8,300

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Median Income

$164,200

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Unemployment

2.10%

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Housing Price

$950,000

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Crime Rate

8.40

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Internet Speed

1000.00 Mbps

Orono is a small local community located in Minnesota. The city has a population that is above the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Orono is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Orono has a population of 8,300, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Orono is $164,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Orono average around $950,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Orono is 2.10%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Orono are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Orono shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Orono offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Orono

What is the population of Orono?

The population of Orono is approximately 8,300.

Is Orono a good place to live?

Orono offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Orono?

The median household income in Orono is around $164,200.

How expensive is housing in Orono?

The average housing price in Orono is approximately $950,000.