Paynesville, Minnesota Population

Paynesville, Minnesota has a population of 2,480, with a median household income of $52,400.

Current population data for Paynesville.

2,480

👥

Population

2,480

💰

Median Income

$52,400

📉

Unemployment

3.40%

🏠

Housing Price

$215,000

🚨

Crime Rate

12.80

🌐

Internet Speed

500.00 Mbps

Paynesville is a small local community located in Minnesota. The city has a population that is below 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.

Situated in Minnesota, Paynesville provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Paynesville has a population of 2,480, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Paynesville is $52,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Paynesville is about $215,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Paynesville is 3.40%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Paynesville are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

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

Frequently Asked Questions about Paynesville

What is the population of Paynesville?

The population of Paynesville is approximately 2,480.

Is Paynesville a good place to live?

Paynesville 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 Paynesville?

The median household income in Paynesville is around $52,400.

How expensive is housing in Paynesville?

The average housing price in Paynesville is approximately $215,000.