Alexandria, MN
Population 14,579 · Minnesota
About Alexandria, MN
Alexandria is a mid-sized city located in Minnesota with a population of 14,579 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,558 per year, which is 18% below the national median of $75,149. The median age of 39 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Alexandria features a median home value of $247,200, which is 1% above the national median of $244,900. This positions Alexandria in a moderately priced market relative to the rest of the country. Median monthly rent is $907, 22% below the national average of $1,163/month. Of the 7,644 total housing units, 57% are owner-occupied (3,989 units) and 43% are renter-occupied (2,988 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Alexandria shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Alexandria have an average one-way commute time of 16.8 minutes, one of the shorter commutes in the region.
Education & Demographics
31.8% of Alexandria residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.9% White, 0.9% Hispanic or Latino, 0.1% Black or African American, and 0.4% Asian residents, with 2.4% of the population being foreign-born.
Cost of Living in Alexandria, MN
Compared to national averages, Alexandria has a median household income of $61,558 (18% below the national median of $75,149). Home values average $247,200, which is 1% above the national median. Monthly rent at $907 is 22% below the US average of $1,163. Within Minnesota, Alexandria's income is 17% below the state average of $74,221, and home values are 21% above the state median of $204,472.
Why Live in Alexandria, MN?
Alexandria offers rent that’s lower than the national average at $907/month, and a strong job market with an unemployment rate of just 3.4%, and a low poverty rate of 11.2%, better than the national average. Additionally, the city features short commute times averaging just 16.8 minutes.
Potential considerations include median household income ($61,558) that falls below the national average. However, Alexandria’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Alexandria has a population of 14,579 with a median age of 39 years. Compare Alexandria with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Alexandria
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Monticello | 14,607 | $81,563 | $298,400 | Compare |
| Hutchinson | 14,629 | $71,730 | $210,300 | Compare |
| Brainerd | 14,474 | $53,705 | $178,600 | Compare |
| Robbinsdale | 14,318 | $84,719 | $280,400 | Compare |
| North Mankato | 14,212 | $77,571 | $252,700 | Compare |
| Fergus Falls | 14,138 | $50,865 | $173,300 | Compare |
| New Ulm | 14,066 | $63,984 | $192,700 | Compare |
| Marshall | 13,880 | $64,636 | $198,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Alexandria With Other Cities
Frequently Asked Questions about Alexandria
What is the population of Alexandria, MN?
The population of Alexandria, MN is 14,579 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Alexandria?
The median household income in Alexandria, MN is $61,558 per year, which is 18% below the national median of $75,149.
What is the median home value in Alexandria?
The median home value in Alexandria, MN is $247,200, which is 1% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alexandria?
The median monthly rent in Alexandria, MN is $907, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Alexandria?
The unemployment rate in Alexandria, MN is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Alexandria, MN a good place to live?
Alexandria offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 14,579 and a median age of 39, the city appeals to a broad range of residents.
How educated is Alexandria, MN?
31.8% of residents in Alexandria aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Alexandria?
Key cost-of-living indicators for Alexandria, MN: median home value is $247,200 (1% above national), median rent is $907/month, and median household income is $61,558. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Alexandria?
The poverty rate in Alexandria, MN is 11.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Alexandria, MN?
Alexandria's population is 3.9% White, 0.9% Hispanic or Latino, 0.1% Black or African American, 0.4% Asian, and 0.7% two or more races. 2.4% of residents are foreign-born.