Dover, MN
Population 863 · Minnesota
About Dover, MN
Dover is a small community located in Minnesota with a population of 863 residents according to the latest US Census Bureau American Community Survey data. The median household income is $112,500 per year, which is 50% above the national median of $75,149. The median age of 28.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Dover features a median home value of $281,300, which is 15% above the national median of $244,900. This positions Dover in a moderately priced market relative to the rest of the country. Median monthly rent is $852, 27% below the national average of $1,163/month. Of the 290 total housing units, 88% are owner-occupied (244 units) and 12% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Dover 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 4.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Dover have an average one-way commute time of 27 minutes.
Education & Demographics
30.9% of Dover 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 10.7% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 1.2% Asian residents, with 2.9% of the population being foreign-born.
Cost of Living in Dover, MN
Compared to national averages, Dover has a median household income of $112,500 (50% above the national median of $75,149). Home values average $281,300, which is 15% above the national median. Monthly rent at $852 is 27% below the US average of $1,163. Within Minnesota, Dover's income is 52% above the state average of $74,221, and home values are 38% above the state median of $204,472.
Why Live in Dover, MN?
Dover offers a strong local economy with a median household income of $112,500, well above the national average, and rent that’s lower than the national average at $852/month, and a strong job market with an unemployment rate of just 2.4%. Additionally, the city features a low poverty rate of 4.5%, better than the national average.
Dover has a population of 863 with a median age of 28.6 years. Compare Dover with other cities to see how it stacks up, or explore all cities in Minnesota.
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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 Dover
What is the population of Dover, MN?
The population of Dover, MN is 863 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 Dover?
The median household income in Dover, MN is $112,500 per year, which is 50% above the national median of $75,149.
What is the median home value in Dover?
The median home value in Dover, MN is $281,300, which is 15% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Dover?
The median monthly rent in Dover, MN is $852, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Dover?
The unemployment rate in Dover, 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 Dover, MN a good place to live?
Dover offers above-average incomes, a competitive housing market, and a strong job market. With a population of 863 and a median age of 28.6, the city appeals to young professionals and families.
How educated is Dover, MN?
30.9% of residents in Dover 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 Dover?
Key cost-of-living indicators for Dover, MN: median home value is $281,300 (15% above national), median rent is $852/month, and median household income is $112,500. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Dover?
The poverty rate in Dover, MN is 4.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Dover, MN?
Dover's population is 10.7% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 1.2% Asian, and 0.0% two or more races. 2.9% of residents are foreign-born.