Royalton, MN
Population 1,092 · Minnesota
About Royalton, MN
Royalton is a small town located in Minnesota with a population of 1,092 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,643 per year, which is 14% below the national median of $75,149. The median age of 33.5 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 Royalton features a median home value of $201,500, which is 18% below the national median of $244,900. This positions Royalton in a moderately priced market relative to the rest of the country. Median monthly rent is $642, 45% below the national average of $1,163/month. Of the 502 total housing units, 67% are owner-occupied (315 units) and 33% are renter-occupied (155 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Royalton shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.8%, above the national average of 12.4%. Workers in Royalton have an average one-way commute time of 29.4 minutes.
Education & Demographics
17.3% of Royalton 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 0.3% White, 3.0% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Royalton, MN
Compared to national averages, Royalton has a median household income of $64,643 (14% below the national median of $75,149). Home values average $201,500, which is 18% below the national median. Monthly rent at $642 is 45% below the US average of $1,163. Within Minnesota, Royalton's income is 13% below the state average of $74,221, and home values are 1% below the state median of $204,472.
Why Live in Royalton, MN?
Royalton offers affordable housing with a median home value of $201,500, below the US average of $244,900, and rent that’s lower than the national average at $642/month.
Potential considerations include median household income ($64,643) that falls below the national average. However, Royalton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Royalton has a population of 1,092 with a median age of 33.5 years. Compare Royalton with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Royalton
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Harmony | 1,089 | $65,536 | $154,800 | Compare |
| Parkers Prairie | 1,089 | $58,750 | $152,500 | Compare |
| Scanlon | 1,087 | $75,833 | $221,500 | Compare |
| Lake St. Croix Beach | 1,106 | $100,134 | $334,600 | Compare |
| Eden Valley | 1,077 | $62,188 | $150,800 | Compare |
| Little Rock | 1,075 | $51,719 | $34,100 | Compare |
| Hector | 1,111 | $59,762 | $124,100 | Compare |
| New Richland | 1,068 | $62,841 | $133,000 | 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 Royalton With Other Cities
Frequently Asked Questions about Royalton
What is the population of Royalton, MN?
The population of Royalton, MN is 1,092 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 Royalton?
The median household income in Royalton, MN is $64,643 per year, which is 14% below the national median of $75,149.
What is the median home value in Royalton?
The median home value in Royalton, MN is $201,500, which is 18% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Royalton?
The median monthly rent in Royalton, MN is $642, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Royalton?
The unemployment rate in Royalton, MN is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Royalton, MN a good place to live?
Royalton offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,092 and a median age of 33.5, the city appeals to young professionals and families.
How educated is Royalton, MN?
17.3% of residents in Royalton 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 Royalton?
Key cost-of-living indicators for Royalton, MN: median home value is $201,500 (18% below national), median rent is $642/month, and median household income is $64,643. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Royalton?
The poverty rate in Royalton, MN is 20.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Royalton, MN?
Royalton's population is 0.3% White, 3.0% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 2.2% two or more races. 0.4% of residents are foreign-born.