Mound, MN
Population 9,176 · Minnesota
About Mound, MN
Mound is a small town located in Minnesota with a population of 9,176 residents according to the latest US Census Bureau American Community Survey data. The median household income is $91,370 per year, which is 22% above the national median of $75,149. The median age of 45.6 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 Mound features a median home value of $348,600, which is 42% above the national median of $244,900. This positions Mound in a moderately priced market relative to the rest of the country. Median monthly rent is $1,119, 4% below the national average of $1,163/month. Of the 4,730 total housing units, 75% are owner-occupied (3,311 units) and 25% are renter-occupied (1,118 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mound shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mound have an average one-way commute time of 30.9 minutes.
Education & Demographics
42.9% of Mound 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 0.0% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 3.6% Asian residents, with 10.1% of the population being foreign-born.
Cost of Living in Mound, MN
Compared to national averages, Mound has a median household income of $91,370 (22% above the national median of $75,149). Home values average $348,600, which is 42% above the national median. Monthly rent at $1,119 is 4% below the US average of $1,163. Within Minnesota, Mound's income is 23% above the state average of $74,221, and home values are 70% above the state median of $204,472.
Why Live in Mound, MN?
Mound offers a strong local economy with a median household income of $91,370, well above the national average, and rent that’s lower than the national average at $1,119/month, and a well-educated community where 42.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.0%, better than the national average.
Mound has a population of 9,176 with a median age of 45.6 years. Compare Mound with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Mound
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Waseca | 9,209 | $61,546 | $185,600 | Compare |
| Little Falls | 9,094 | $46,284 | $198,100 | Compare |
| East Grand Forks | 9,067 | $74,618 | $243,800 | Compare |
| Oak Grove | 9,031 | $114,679 | $394,100 | Compare |
| Thief River Falls | 8,841 | $65,244 | $169,300 | Compare |
| St. Anthony city (Hennepin and Ramsey Counties), Minnesota | 9,516 | $97,784 | $365,700 | Compare |
| Baxter | 8,804 | $71,272 | $298,400 | Compare |
| Arden Hills | 9,737 | $128,668 | $423,800 | 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 Mound With Other Cities
Frequently Asked Questions about Mound
What is the population of Mound, MN?
The population of Mound, MN is 9,176 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 Mound?
The median household income in Mound, MN is $91,370 per year, which is 22% above the national median of $75,149.
What is the median home value in Mound?
The median home value in Mound, MN is $348,600, which is 42% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mound?
The median monthly rent in Mound, MN is $1,119, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Mound?
The unemployment rate in Mound, MN is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mound, MN a good place to live?
Mound offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 9,176 and a median age of 45.6, the city appeals to established professionals and retirees.
How educated is Mound, MN?
42.9% of residents in Mound aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Mound?
Key cost-of-living indicators for Mound, MN: median home value is $348,600 (42% above national), median rent is $1,119/month, and median household income is $91,370. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Mound?
The poverty rate in Mound, MN is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mound, MN?
Mound's population is 0.0% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 3.6% Asian, and 1.9% two or more races. 10.1% of residents are foreign-born.