Bayport, MN
Population 3,948 · Minnesota
About Bayport, MN
Bayport is a small town located in Minnesota with a population of 3,948 residents according to the latest US Census Bureau American Community Survey data. The median household income is $115,781 per year, which is 54% above the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Bayport features a median home value of $363,200, which is 48% above the national median of $244,900. This positions Bayport in a moderately priced market relative to the rest of the country. Median monthly rent is $1,773, 52% above the national average of $1,163/month. Of the 1,213 total housing units, 85% are owner-occupied (1,035 units) and 15% are renter-occupied (178 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bayport shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bayport have an average one-way commute time of 22.7 minutes.
Education & Demographics
26.5% of Bayport 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 0.9% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 2.4% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Bayport, MN
Compared to national averages, Bayport has a median household income of $115,781 (54% above the national median of $75,149). Home values average $363,200, which is 48% above the national median. Monthly rent at $1,773 is 52% above the US average of $1,163. Within Minnesota, Bayport's income is 56% above the state average of $74,221, and home values are 78% above the state median of $204,472.
Why Live in Bayport, MN?
Bayport offers a strong local economy with a median household income of $115,781, well above the national average, and a strong job market with an unemployment rate of just 2.4%, and a low poverty rate of 3.9%, better than the national average. Additionally, the city features short commute times averaging just 22.7 minutes.
Bayport has a population of 3,948 with a median age of 40.1 years. Compare Bayport with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Bayport
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grant | 3,959 | $145,357 | $622,000 | Compare |
| Scandia | 3,966 | $100,179 | $471,900 | Compare |
| Centerville | 3,915 | $119,361 | $364,700 | Compare |
| St. Charles | 4,021 | $96,544 | $231,300 | Compare |
| Norwood Young America | 3,866 | $67,857 | $289,400 | Compare |
| Zumbrota | 3,843 | $96,818 | $235,800 | Compare |
| Montrose | 3,840 | $98,832 | $260,100 | Compare |
| Deephaven | 3,835 | $175,441 | $854,000 | 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 Bayport
What is the population of Bayport, MN?
The population of Bayport, MN is 3,948 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Bayport?
The median household income in Bayport, MN is $115,781 per year, which is 54% above the national median of $75,149.
What is the median home value in Bayport?
The median home value in Bayport, MN is $363,200, which is 48% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bayport?
The median monthly rent in Bayport, MN is $1,773, which is 52% above the national average of $1,163/month.
What is the unemployment rate in Bayport?
The unemployment rate in Bayport, MN is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bayport, MN a good place to live?
Bayport offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,948 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Bayport, MN?
26.5% of residents in Bayport 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 Bayport?
Key cost-of-living indicators for Bayport, MN: median home value is $363,200 (48% above national), median rent is $1,773/month, and median household income is $115,781. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bayport?
The poverty rate in Bayport, MN is 3.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bayport, MN?
Bayport's population is 0.9% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 2.4% Asian, and 16.2% two or more races. 2.2% of residents are foreign-born.