Nerstrand, MN
Population 210 · Minnesota
About Nerstrand, MN
Nerstrand is a small community located in Minnesota with a population of 210 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,125 per year, which is 11% above the national median of $75,149. The median age of 40 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Nerstrand features a median home value of $194,000, which is 21% below the national median of $244,900. This positions Nerstrand in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 102 total housing units, 95% are owner-occupied (89 units) and 5% are renter-occupied (5 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Nerstrand shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Nerstrand have an average one-way commute time of 20.6 minutes.
Education & Demographics
15.9% of Nerstrand 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 10.0% White, 2.4% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 0.5% of the population being foreign-born.
How Nerstrand Ranks in Minnesota
Cost of Living in Nerstrand, MN
Compared to national averages, Nerstrand has a median household income of $83,125 (11% above the national median of $75,149). Home values average $194,000, which is 21% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Nerstrand's income is 12% above the state average of $74,221, and home values are 5% below the state median of $204,472.
Why Live in Nerstrand, MN?
Nerstrand offers a strong local economy with a median household income of $83,125, well above the national average, and affordable housing with a median home value of $194,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.8%, and a low poverty rate of 9.5%, better than the national average, and short commute times averaging just 20.6 minutes.
Nerstrand has a population of 210 with a median age of 40 years. Compare Nerstrand with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Nerstrand
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Searles | 211 | $79,375 | $169,200 | Compare |
| Northrop | 212 | $63,750 | $118,800 | Compare |
| South Haven | 208 | $102,500 | $192,300 | Compare |
| Flensburg | 213 | $107,500 | $188,100 | Compare |
| Iona | 207 | $44,167 | $54,300 | Compare |
| Milroy | 213 | $61,875 | $103,100 | Compare |
| Dennison | 214 | $51,250 | $215,600 | Compare |
| Kingston | 206 | $100,278 | $218,300 | 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 Nerstrand
What is the population of Nerstrand, MN?
The population of Nerstrand, MN is 210 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 Nerstrand?
The median household income in Nerstrand, MN is $83,125 per year, which is 11% above the national median of $75,149.
What is the median home value in Nerstrand?
The median home value in Nerstrand, MN is $194,000, which is 21% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nerstrand?
The median monthly rent in Nerstrand, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Nerstrand?
The unemployment rate in Nerstrand, MN is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Nerstrand, MN a good place to live?
Nerstrand offers above-average incomes, affordable housing, and a strong job market. With a population of 210 and a median age of 40, the city appeals to a broad range of residents.
How educated is Nerstrand, MN?
15.9% of residents in Nerstrand 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 Nerstrand?
Key cost-of-living indicators for Nerstrand, MN: median home value is $194,000 (21% below national), median rent is $0/month, and median household income is $83,125. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Nerstrand?
The poverty rate in Nerstrand, MN is 9.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Nerstrand, MN?
Nerstrand's population is 10.0% White, 2.4% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.