Canby, MN
Population 1,563 · Minnesota
About Canby, MN
Canby is a small community in Minnesota with a population of 1,563 residents. The median household income is $58,839 per year, which is near the national average. The median age in Canby is 40.5 years.
Housing in Canby has a median home value of $131,800 and median monthly rent of $600. Of the 805 total housing units, the majority are owner-occupied, with 553 owner-occupied and 116 renter-occupied units.
The unemployment rate in Canby is 6.1% and the poverty rate is 12.0%. 17.4% of residents hold a bachelor's degree or higher. The average commute time is 18.2 minutes.
Cost of Living in Canby, MN
Compared to national averages, Canby has a median household income of $58,839 (22% below the national median of $75,149). Home values average $131,800, which is 46% below the national median. Monthly rent at $600 is 48% below the US average of $1,163. Within Minnesota, Canby's income is 21% below the state average of $74,221, and home values are 36% below the state median of $204,472.
Why Live in Canby, MN?
Canby offers affordable housing with a median home value of $131,800, below the US average of $244,900, and rent that’s lower than the national average at $600/month, and a low poverty rate of 12.0%, better than the national average. Additionally, the city features short commute times averaging just 18.2 minutes.
Potential considerations include median household income ($58,839) that falls below the national average. However, Canby’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Canby has a population of 1,563 with a median age of 40.5 years. Compare Canby with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Canby
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pierz | 1,581 | $55,438 | $155,700 | Compare |
| Frazee | 1,595 | $49,000 | $166,800 | Compare |
| Minneota | 1,531 | $72,396 | $158,100 | Compare |
| St. John's University | 1,615 | $0 | $0 | Compare |
| Lakeland | 1,510 | $101,339 | $357,700 | Compare |
| Madison | 1,507 | $56,435 | $104,600 | Compare |
| Red Lake | 1,506 | $55,092 | $136,000 | Compare |
| Clara City | 1,497 | $58,431 | $116,500 | 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 Canby
What is the population of Canby, MN?
The population of Canby, MN is 1,563 according to the latest Census data.
What is the median household income in Canby?
The median household income in Canby, MN is $58,839 per year.
What is the median home value in Canby?
The median home value in Canby, MN is $131,800.
What is the average rent in Canby?
The median monthly rent in Canby, MN is $600.
What is the unemployment rate in Canby?
The unemployment rate in Canby, MN is 6.1%.