Mahtomedi, MN
Population 8,108 · Minnesota
About Mahtomedi, MN
Mahtomedi is a small community in Minnesota with a population of 8,108 residents. The median household income is $132,326 per year, which is above the national average. The median age in Mahtomedi is 43.3 years.
Housing in Mahtomedi has a median home value of $466,100 and median monthly rent of $1,608. Of the 3,105 total housing units, the majority are owner-occupied, with 2,436 owner-occupied and 491 renter-occupied units.
The unemployment rate in Mahtomedi is 2.7% and the poverty rate is 3.9%. 62.6% of residents hold a bachelor's degree or higher. The average commute time is 25 minutes.
How Mahtomedi Ranks in Minnesota
Cost of Living in Mahtomedi, MN
Compared to national averages, Mahtomedi has a median household income of $132,326 (76% above the national median of $75,149). Home values average $466,100, which is 90% above the national median. Monthly rent at $1,608 is 38% above the US average of $1,163. Within Minnesota, Mahtomedi's income is 78% above the state average of $74,221, and home values are 128% above the state median of $204,472.
Why Live in Mahtomedi, MN?
Mahtomedi offers a strong local economy with a median household income of $132,326, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 62.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $466,100. However, Mahtomedi’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mahtomedi has a population of 8,108 with a median age of 43.3 years. Compare Mahtomedi with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Mahtomedi
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Albertville | 8,066 | $126,307 | $326,400 | Compare |
| Wyoming | 8,063 | $101,938 | $328,900 | Compare |
| New Prague | 8,195 | $98,424 | $323,500 | Compare |
| Orono | 8,205 | $181,875 | $952,400 | Compare |
| St. Francis | 8,279 | $101,875 | $297,800 | Compare |
| Waite Park | 8,341 | $56,884 | $217,000 | Compare |
| Virginia | 8,362 | $48,321 | $117,500 | Compare |
| Dayton | 8,381 | $137,383 | $510,600 | 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 Mahtomedi
What is the population of Mahtomedi, MN?
The population of Mahtomedi, MN is 8,108 according to the latest Census data.
What is the median household income in Mahtomedi?
The median household income in Mahtomedi, MN is $132,326 per year.
What is the median home value in Mahtomedi?
The median home value in Mahtomedi, MN is $466,100.
What is the average rent in Mahtomedi?
The median monthly rent in Mahtomedi, MN is $1,608.
What is the unemployment rate in Mahtomedi?
The unemployment rate in Mahtomedi, MN is 2.7%.