Center City, MN
Population 668 · Minnesota
About Center City, MN
Center City is a small community located in Minnesota with a population of 668 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,712 per year, which is 26% above the national median of $75,149. The median age of 50.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Center City features a median home value of $327,500, which is 34% above the national median of $244,900. This positions Center City in a moderately priced market relative to the rest of the country. Median monthly rent is $1,156, 1% below the national average of $1,163/month. Of the 337 total housing units, 87% are owner-occupied (241 units) and 13% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Center City shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Center City have an average one-way commute time of 29.2 minutes.
Education & Demographics
26.6% of Center City 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 0.7% White, 1.0% Hispanic or Latino, 0.3% Black or African American, and 0.9% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Center City, MN
Compared to national averages, Center City has a median household income of $94,712 (26% above the national median of $75,149). Home values average $327,500, which is 34% above the national median. Monthly rent at $1,156 is 1% below the US average of $1,163. Within Minnesota, Center City's income is 28% above the state average of $74,221, and home values are 60% above the state median of $204,472.
Why Live in Center City, MN?
Center City offers a strong local economy with a median household income of $94,712, well above the national average, and rent that’s lower than the national average at $1,156/month, and a low poverty rate of 4.1%, better than the national average.
Center City has a population of 668 with a median age of 50.8 years. Compare Center City with other cities to see how it stacks up, or explore all cities in Minnesota.
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Cities in Minnesota with a similar population size.
Demographics
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Economy & Education
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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 Center City
What is the population of Center City, MN?
The population of Center City, MN is 668 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Center City?
The median household income in Center City, MN is $94,712 per year, which is 26% above the national median of $75,149.
What is the median home value in Center City?
The median home value in Center City, MN is $327,500, which is 34% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Center City?
The median monthly rent in Center City, MN is $1,156, which is 1% below the national average of $1,163/month.
What is the unemployment rate in Center City?
The unemployment rate in Center City, MN is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Center City, MN a good place to live?
Center City offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 668 and a median age of 50.8, the city appeals to established professionals and retirees.
How educated is Center City, MN?
26.6% of residents in Center City 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 Center City?
Key cost-of-living indicators for Center City, MN: median home value is $327,500 (34% above national), median rent is $1,156/month, and median household income is $94,712. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Center City?
The poverty rate in Center City, MN is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Center City, MN?
Center City's population is 0.7% White, 1.0% Hispanic or Latino, 0.3% Black or African American, 0.9% Asian, and 1.8% two or more races. 3.0% of residents are foreign-born.