Le Roy, MN
Population 790 · Minnesota
About Le Roy, MN
Le Roy is a small community located in Minnesota with a population of 790 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,250 per year, which is 32% below the national median of $75,149. The median age of 47 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 Le Roy features a median home value of $106,400, which is 57% below the national median of $244,900. This makes Le Roy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $655, 44% below the national average of $1,163/month. Of the 400 total housing units, 74% are owner-occupied (270 units) and 26% are renter-occupied (95 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Le Roy shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.4%, above the national average of 12.4%. Workers in Le Roy have an average one-way commute time of 32 minutes.
Education & Demographics
23.9% of Le Roy 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 3.8% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.8% of the population being foreign-born.
Cost of Living in Le Roy, MN
Compared to national averages, Le Roy has a median household income of $51,250 (32% below the national median of $75,149). Home values average $106,400, which is 57% below the national median. Monthly rent at $655 is 44% below the US average of $1,163. Within Minnesota, Le Roy's income is 31% below the state average of $74,221, and home values are 48% below the state median of $204,472.
Why Live in Le Roy, MN?
Le Roy offers affordable housing with a median home value of $106,400, below the US average of $244,900, and rent that’s lower than the national average at $655/month, and a strong job market with an unemployment rate of just 2.1%.
Potential considerations include median household income ($51,250) that falls below the national average. However, Le Roy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Le Roy has a population of 790 with a median age of 47 years. Compare Le Roy with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Le Roy
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Battle Lake | 794 | $58,125 | $221,000 | Compare |
| St. Clair | 785 | $101,375 | $200,800 | Compare |
| Watkins | 797 | $50,875 | $136,800 | Compare |
| Fertile | 782 | $64,444 | $118,400 | Compare |
| Landfall | 802 | $39,938 | $26,300 | Compare |
| Lanesboro | 804 | $80,000 | $186,900 | Compare |
| Loretto | 805 | $110,833 | $350,600 | Compare |
| Holdingford | 771 | $78,750 | $172,600 | 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 Le Roy
What is the population of Le Roy, MN?
The population of Le Roy, MN is 790 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 Le Roy?
The median household income in Le Roy, MN is $51,250 per year, which is 32% below the national median of $75,149.
What is the median home value in Le Roy?
The median home value in Le Roy, MN is $106,400, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Le Roy?
The median monthly rent in Le Roy, MN is $655, which is 44% below the national average of $1,163/month.
What is the unemployment rate in Le Roy?
The unemployment rate in Le Roy, MN is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Le Roy, MN a good place to live?
Le Roy offers a moderate cost of living, affordable housing, and a strong job market. With a population of 790 and a median age of 47, the city appeals to established professionals and retirees.
How educated is Le Roy, MN?
23.9% of residents in Le Roy 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 Le Roy?
Key cost-of-living indicators for Le Roy, MN: median home value is $106,400 (57% below national), median rent is $655/month, and median household income is $51,250. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Le Roy?
The poverty rate in Le Roy, MN is 13.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Le Roy, MN?
Le Roy's population is 3.8% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.8% of residents are foreign-born.