Prinsburg, MN
Population 615 · Minnesota
About Prinsburg, MN
Prinsburg is a small community located in Minnesota with a population of 615 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,323 per year, which is 40% above the national median of $75,149. The median age of 28.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Prinsburg features a median home value of $186,800, which is 24% below the national median of $244,900. This positions Prinsburg in a moderately priced market relative to the rest of the country. Median monthly rent is $933, 20% below the national average of $1,163/month. Of the 231 total housing units, 88% are owner-occupied (185 units) and 12% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Prinsburg shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Prinsburg have an average one-way commute time of 23.4 minutes.
Education & Demographics
37.1% of Prinsburg 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 7.8% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 3.6% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Prinsburg, MN
Compared to national averages, Prinsburg has a median household income of $105,323 (40% above the national median of $75,149). Home values average $186,800, which is 24% below the national median. Monthly rent at $933 is 20% below the US average of $1,163. Within Minnesota, Prinsburg's income is 42% above the state average of $74,221, and home values are 9% below the state median of $204,472.
Why Live in Prinsburg, MN?
Prinsburg offers a strong local economy with a median household income of $105,323, well above the national average, and affordable housing with a median home value of $186,800, below the US average of $244,900, and rent that’s lower than the national average at $933/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 37.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.2%, better than the national average, and short commute times averaging just 23.4 minutes.
Prinsburg has a population of 615 with a median age of 28.4 years. Compare Prinsburg with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Prinsburg
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eagle Bend | 620 | $48,924 | $96,700 | Compare |
| Clear Lake | 621 | $105,000 | $255,800 | Compare |
| La Prairie | 621 | $75,192 | $202,300 | Compare |
| Minnesota Lake | 621 | $62,875 | $126,600 | Compare |
| Cleveland | 622 | $83,281 | $204,200 | Compare |
| Karlstad | 622 | $61,324 | $120,300 | Compare |
| Brownsville | 624 | $63,977 | $161,600 | Compare |
| Brewster | 605 | $59,688 | $130,500 | 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 Prinsburg
What is the population of Prinsburg, MN?
The population of Prinsburg, MN is 615 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 Prinsburg?
The median household income in Prinsburg, MN is $105,323 per year, which is 40% above the national median of $75,149.
What is the median home value in Prinsburg?
The median home value in Prinsburg, MN is $186,800, which is 24% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Prinsburg?
The median monthly rent in Prinsburg, MN is $933, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Prinsburg?
The unemployment rate in Prinsburg, MN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Prinsburg, MN a good place to live?
Prinsburg offers above-average incomes, affordable housing, and a strong job market. With a population of 615 and a median age of 28.4, the city appeals to young professionals and families.
How educated is Prinsburg, MN?
37.1% of residents in Prinsburg 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 Prinsburg?
Key cost-of-living indicators for Prinsburg, MN: median home value is $186,800 (24% below national), median rent is $933/month, and median household income is $105,323. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Prinsburg?
The poverty rate in Prinsburg, MN is 7.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Prinsburg, MN?
Prinsburg's population is 7.8% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 3.6% Asian, and 1.1% two or more races. 1.1% of residents are foreign-born.