Nicollet, MN
Population 966 · Minnesota
About Nicollet, MN
Nicollet is a small community in Minnesota with a population of 966 residents. The median household income is $80,500 per year, which is above the national average. The median age in Nicollet is 31.8 years.
Housing in Nicollet has a median home value of $214,100 and median monthly rent of $862. Of the 405 total housing units, the majority are owner-occupied, with 247 owner-occupied and 147 renter-occupied units.
The unemployment rate in Nicollet is 0.8% and the poverty rate is 8.7%. 18.2% of residents hold a bachelor's degree or higher. The average commute time is 18.6 minutes.
How Nicollet Ranks in Minnesota
Cost of Living in Nicollet, MN
Compared to national averages, Nicollet has a median household income of $80,500 (7% above the national median of $75,149). Home values average $214,100, which is 13% below the national median. Monthly rent at $862 is 26% below the US average of $1,163. Within Minnesota, Nicollet's income is 8% above the state average of $74,221, and home values are 5% above the state median of $204,472.
Why Live in Nicollet, MN?
Nicollet offers a strong local economy with a median household income of $80,500, well above the national average, and affordable housing with a median home value of $214,100, below the US average of $244,900, and rent that’s lower than the national average at $862/month. Additionally, the city features a strong job market with an unemployment rate of just 0.8%, and a low poverty rate of 8.7%, better than the national average, and short commute times averaging just 18.6 minutes.
Nicollet has a population of 966 with a median age of 31.8 years. Compare Nicollet with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Nicollet
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bird Island | 964 | $71,190 | $114,600 | Compare |
| Birchwood Village | 960 | $156,653 | $461,800 | Compare |
| Welcome | 977 | $55,357 | $91,300 | Compare |
| Grand Meadow | 954 | $68,750 | $169,100 | Compare |
| Morristown | 982 | $74,479 | $175,600 | Compare |
| Mazeppa | 948 | $88,929 | $231,200 | Compare |
| Sherburn | 946 | $63,026 | $97,900 | Compare |
| Henderson | 933 | $88,750 | $207,800 | 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.
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Frequently Asked Questions about Nicollet
What is the population of Nicollet, MN?
The population of Nicollet, MN is 966 according to the latest Census data.
What is the median household income in Nicollet?
The median household income in Nicollet, MN is $80,500 per year.
What is the median home value in Nicollet?
The median home value in Nicollet, MN is $214,100.
What is the average rent in Nicollet?
The median monthly rent in Nicollet, MN is $862.
What is the unemployment rate in Nicollet?
The unemployment rate in Nicollet, MN is 0.8%.