Scandia, MN
Population 3,966 · Minnesota
About Scandia, MN
Scandia is a small town located in Minnesota with a population of 3,966 residents according to the latest US Census Bureau American Community Survey data. The median household income is $100,179 per year, which is 33% above the national median of $75,149. The median age of 46.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Scandia features a median home value of $471,900, which is 93% above the national median of $244,900. This places Scandia in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $978, 16% below the national average of $1,163/month. Of the 1,595 total housing units, 88% are owner-occupied (1,270 units) and 12% are renter-occupied (180 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Scandia shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Scandia have an average one-way commute time of 34.5 minutes.
Education & Demographics
41.3% of Scandia 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 1.4% White, 1.3% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Scandia, MN
Compared to national averages, Scandia has a median household income of $100,179 (33% above the national median of $75,149). Home values average $471,900, which is 93% above the national median. Monthly rent at $978 is 16% below the US average of $1,163. Within Minnesota, Scandia's income is 35% above the state average of $74,221, and home values are 131% above the state median of $204,472.
Why Live in Scandia, MN?
Scandia offers a strong local economy with a median household income of $100,179, well above the national average, and rent that’s lower than the national average at $978/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a well-educated community where 41.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $471,900. However, Scandia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Scandia has a population of 3,966 with a median age of 46.6 years. Compare Scandia with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Scandia
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grant | 3,959 | $145,357 | $622,000 | Compare |
| Bayport | 3,948 | $115,781 | $363,200 | Compare |
| Centerville | 3,915 | $119,361 | $364,700 | Compare |
| St. Charles | 4,021 | $96,544 | $231,300 | Compare |
| Norwood Young America | 3,866 | $67,857 | $289,400 | Compare |
| Zumbrota | 3,843 | $96,818 | $235,800 | Compare |
| Montrose | 3,840 | $98,832 | $260,100 | Compare |
| Deephaven | 3,835 | $175,441 | $854,000 | 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 Scandia With Other Cities
Frequently Asked Questions about Scandia
What is the population of Scandia, MN?
The population of Scandia, MN is 3,966 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 Scandia?
The median household income in Scandia, MN is $100,179 per year, which is 33% above the national median of $75,149.
What is the median home value in Scandia?
The median home value in Scandia, MN is $471,900, which is 93% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Scandia?
The median monthly rent in Scandia, MN is $978, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Scandia?
The unemployment rate in Scandia, MN is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Scandia, MN a good place to live?
Scandia offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,966 and a median age of 46.6, the city appeals to established professionals and retirees.
How educated is Scandia, MN?
41.3% of residents in Scandia 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 Scandia?
Key cost-of-living indicators for Scandia, MN: median home value is $471,900 (93% above national), median rent is $978/month, and median household income is $100,179. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Scandia?
The poverty rate in Scandia, MN is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Scandia, MN?
Scandia's population is 1.4% White, 1.3% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 0.0% two or more races. 1.5% of residents are foreign-born.