Austin, MN
Population 26,167 · Minnesota
About Austin, MN
Austin is a mid-sized city in Minnesota with a population of 26,167 residents. The median household income is $66,488 per year, which is near the national average. The median age in Austin is 36.3 years.
Housing in Austin has a median home value of $155,100 and median monthly rent of $860. Of the 10,969 total housing units, the majority are owner-occupied, with 7,011 owner-occupied and 3,064 renter-occupied units.
The unemployment rate in Austin is 4.2% and the poverty rate is 14.8%. 23.2% of residents hold a bachelor's degree or higher. The average commute time is 17.7 minutes.
How Austin Ranks in Minnesota
Cost of Living in Austin, MN
Compared to national averages, Austin has a median household income of $66,488 (12% below the national median of $75,149). Home values average $155,100, which is 37% below the national median. Monthly rent at $860 is 26% below the US average of $1,163. Within Minnesota, Austin's income is 10% below the state average of $74,221, and home values are 24% below the state median of $204,472.
Why Live in Austin, MN?
Austin offers affordable housing with a median home value of $155,100, below the US average of $244,900, and rent that’s lower than the national average at $860/month, and short commute times averaging just 17.7 minutes.
Potential considerations include median household income ($66,488) that falls below the national average. However, Austin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Austin has a population of 26,167 with a median age of 36.3 years. Compare Austin with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Austin
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chanhassen | 26,001 | $138,034 | $530,700 | Compare |
| Winona | 25,998 | $56,163 | $193,500 | Compare |
| Elk River | 26,367 | $99,457 | $338,300 | Compare |
| Owatonna | 26,462 | $81,276 | $234,600 | Compare |
| Rosemount | 26,509 | $127,247 | $406,100 | Compare |
| Shoreview | 26,724 | $109,399 | $365,100 | Compare |
| Prior Lake | 27,832 | $130,278 | $429,900 | Compare |
| Faribault | 24,458 | $61,662 | $233,900 | 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.
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Frequently Asked Questions about Austin
What is the population of Austin, MN?
The population of Austin, MN is 26,167 according to the latest Census data.
What is the median household income in Austin?
The median household income in Austin, MN is $66,488 per year.
What is the median home value in Austin?
The median home value in Austin, MN is $155,100.
What is the average rent in Austin?
The median monthly rent in Austin, MN is $860.
What is the unemployment rate in Austin?
The unemployment rate in Austin, MN is 4.2%.