Racine, MN
Population 476 · Minnesota
About Racine, MN
Racine is a small community in Minnesota with a population of 476 residents. The median household income is $95,125 per year, which is above the national average. The median age in Racine is 39.2 years.
Housing in Racine has a median home value of $239,500 and median monthly rent of $1,318. Of the 175 total housing units, the majority are owner-occupied, with 154 owner-occupied and 17 renter-occupied units.
The unemployment rate in Racine is 1.9% and the poverty rate is 9.5%. 21.0% of residents hold a bachelor's degree or higher. The average commute time is 23.8 minutes.
Cost of Living in Racine, MN
Compared to national averages, Racine has a median household income of $95,125 (27% above the national median of $75,149). Home values average $239,500, which is 2% below the national median. Monthly rent at $1,318 is 13% above the US average of $1,163. Within Minnesota, Racine's income is 28% above the state average of $74,221, and home values are 17% above the state median of $204,472.
Why Live in Racine, MN?
Racine offers a strong local economy with a median household income of $95,125, well above the national average, and affordable housing with a median home value of $239,500, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features a low poverty rate of 9.5%, better than the national average, and short commute times averaging just 23.8 minutes.
Racine has a population of 476 with a median age of 39.2 years. Compare Racine with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Racine
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lafayette | 478 | $95,500 | $142,700 | Compare |
| Verndale | 479 | $44,083 | $105,500 | Compare |
| Jenkins | 472 | $70,500 | $265,900 | Compare |
| Ellsworth | 471 | $58,438 | $85,700 | Compare |
| Floodwood | 482 | $40,972 | $100,000 | Compare |
| Newfolden | 468 | $69,000 | $143,800 | Compare |
| St. Marys Point | 484 | $106,250 | $471,400 | Compare |
| Butterfield | 486 | $57,292 | $77,800 | 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 Racine
What is the population of Racine, MN?
The population of Racine, MN is 476 according to the latest Census data.
What is the median household income in Racine?
The median household income in Racine, MN is $95,125 per year.
What is the median home value in Racine?
The median home value in Racine, MN is $239,500.
What is the average rent in Racine?
The median monthly rent in Racine, MN is $1,318.
What is the unemployment rate in Racine?
The unemployment rate in Racine, MN is 1.9%.