Preston, Minnesota Housing

Preston, Minnesota has a population of 1,320, with a median household income of $51,400.

Current housing data for Preston.

$165,000

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Population

1,320

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Median Income

$51,400

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Unemployment

3.40%

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Housing Price

$165,000

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Crime Rate

10.80

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Internet Speed

500.00 Mbps

Preston 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.

Preston, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Preston has a population of 1,320, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Preston is $51,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Preston is about $165,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Preston

What is the population of Preston?

The population of Preston is approximately 1,320.

Is Preston a good place to live?

Preston 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 Preston?

The median household income in Preston is around $51,400.

How expensive is housing in Preston?

The average housing price in Preston is approximately $165,000.