Janesville, MN
Population 2,449 · Minnesota
About Janesville, MN
Janesville is a small town located in Minnesota with a population of 2,449 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,120 per year, which is 4% below the national median of $75,149. The median age of 37.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Janesville features a median home value of $194,400, which is 21% below the national median of $244,900. This positions Janesville in a moderately priced market relative to the rest of the country. Median monthly rent is $839, 28% below the national average of $1,163/month. Of the 1,041 total housing units, 84% are owner-occupied (820 units) and 16% are renter-occupied (153 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Janesville shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 4.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Janesville have an average one-way commute time of 20.9 minutes.
Education & Demographics
23.8% of Janesville 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 0.4% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Janesville, MN
Compared to national averages, Janesville has a median household income of $72,120 (4% below the national median of $75,149). Home values average $194,400, which is 21% below the national median. Monthly rent at $839 is 28% below the US average of $1,163. Within Minnesota, Janesville's income is 3% below the state average of $74,221, and home values are 5% below the state median of $204,472.
Why Live in Janesville, MN?
Janesville offers affordable housing with a median home value of $194,400, below the US average of $244,900, and rent that’s lower than the national average at $839/month, and a low poverty rate of 4.2%, better than the national average. Additionally, the city features short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($72,120) that falls below the national average. However, Janesville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Janesville has a population of 2,449 with a median age of 37.6 years. Compare Janesville with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Janesville
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Paynesville | 2,476 | $72,105 | $168,800 | Compare |
| Mayer | 2,501 | $120,551 | $330,400 | Compare |
| Lauderdale | 2,386 | $76,558 | $273,600 | Compare |
| Le Center | 2,514 | $66,864 | $189,800 | Compare |
| Madelia | 2,380 | $77,500 | $158,300 | Compare |
| Rockville | 2,521 | $101,447 | $327,400 | Compare |
| Lake Crystal | 2,530 | $77,979 | $193,800 | Compare |
| Sandstone | 2,538 | $50,288 | $137,500 | 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.
Compare Janesville With Other Cities
Frequently Asked Questions about Janesville
What is the population of Janesville, MN?
The population of Janesville, MN is 2,449 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 Janesville?
The median household income in Janesville, MN is $72,120 per year, which is 4% below the national median of $75,149.
What is the median home value in Janesville?
The median home value in Janesville, MN is $194,400, which is 21% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Janesville?
The median monthly rent in Janesville, MN is $839, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Janesville?
The unemployment rate in Janesville, MN is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Janesville, MN a good place to live?
Janesville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,449 and a median age of 37.6, the city appeals to a broad range of residents.
How educated is Janesville, MN?
23.8% of residents in Janesville 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 Janesville?
Key cost-of-living indicators for Janesville, MN: median home value is $194,400 (21% below national), median rent is $839/month, and median household income is $72,120. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Janesville?
The poverty rate in Janesville, MN is 4.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Janesville, MN?
Janesville's population is 0.4% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 2.4% two or more races. 0.8% of residents are foreign-born.