Mentor, MN
Population 143 · Minnesota
About Mentor, MN
Mentor is a small community located in Minnesota with a population of 143 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,143 per year, which is 44% below the national median of $75,149. The median age of 52.5 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 Mentor features a median home value of $56,100, which is 77% below the national median of $244,900. This makes Mentor one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $771, 34% below the national average of $1,163/month. Of the 94 total housing units, 85% are owner-occupied (63 units) and 15% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mentor shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 7.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mentor have an average one-way commute time of 26.7 minutes.
Education & Demographics
6.2% of Mentor residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Mentor Ranks in Minnesota
Cost of Living in Mentor, MN
Compared to national averages, Mentor has a median household income of $42,143 (44% below the national median of $75,149). Home values average $56,100, which is 77% below the national median. Monthly rent at $771 is 34% below the US average of $1,163. Within Minnesota, Mentor's income is 43% below the state average of $74,221, and home values are 73% below the state median of $204,472.
Why Live in Mentor, MN?
Mentor offers affordable housing with a median home value of $56,100, below the US average of $244,900, and rent that’s lower than the national average at $771/month, and a low poverty rate of 7.0%, better than the national average.
Potential considerations include median household income ($42,143) that falls below the national average. However, Mentor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mentor has a population of 143 with a median age of 52.5 years. Compare Mentor 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 Mentor
What is the population of Mentor, MN?
The population of Mentor, MN is 143 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 Mentor?
The median household income in Mentor, MN is $42,143 per year, which is 44% below the national median of $75,149.
What is the median home value in Mentor?
The median home value in Mentor, MN is $56,100, which is 77% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mentor?
The median monthly rent in Mentor, MN is $771, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Mentor?
The unemployment rate in Mentor, MN is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mentor, MN a good place to live?
Mentor offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 143 and a median age of 52.5, the city appeals to established professionals and retirees.
How educated is Mentor, MN?
6.2% of residents in Mentor 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 Mentor?
Key cost-of-living indicators for Mentor, MN: median home value is $56,100 (77% below national), median rent is $771/month, and median household income is $42,143. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mentor?
The poverty rate in Mentor, MN is 7.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mentor, MN?
Mentor's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.