The labor pool participation rate in North Mankato is 74%, with an unemployment rate of 4%. For those located in the work force, the average commute time is 17 minutes. 13% of North Mankato’s population have a masters diploma, and 27.3% have earned a bachelors degree. Among those without a college degree, 34.1% attended at least some college, 21.9% have a high school diploma, and just 3.8% have an education less than twelfth grade. 1.7% are not covered by health insurance.
North Mankato, MN is located in Nicollet county, and has a populace of 13948, and rests within the higher Mankato-New Ulm, MN metro region. The median age is 37.5, with 13.9% of the population under 10 years old, 12.5% between 10-19 years old, 12.4% of town residents in their 20’s, 14.1% in their thirties, 12% in their 40’s, 12.6% in their 50’s, 10.9% in their 60’s, 6.2% in their 70’s, and 5.1% age 80 or older. 49.2% of town residents are men, 50.8% female. 55.3% of citizens are reported as married married, with 10.8% divorced and 27.7% never wedded. The percent of citizens confirmed as widowed is 6.2%.
The typical family unit size in North Mankato, MN is 2.94 residential members, with 71.9% being the owner of their very own domiciles. The average home valuation is $191374. For those paying rent, they spend on average $818 monthly. 60.5% of families have 2 sources of income, and a median household income of $67278. Average individual income is $37820. 8.2% of residents live at or beneath the poverty line, and 12.1% are disabled. 6.2% of citizens are former members of this armed forces.
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