Mankato Minnesota Real Estate
Mankato, Minnesota, is located in Nicollet County, 54 miles SW of Burnsville, Minnesota and 312 miles W of Milwaukee, Wisconsin. Mankato has a population of 32,427.
Mankato Homes
Mankato properties pool is 12,350 residential properties including Mankato new homes. Median age of real estate in Mankato is 1963. Average Household size is 2.9 people. 4% are one bedroom homes, 26% are 2 bedroom homes, 47% are 3 bedroom homes, 19% are 4 bedroom homes, and 4% are 5+ bedroom homes.
Mankato Mortgage Statistics
Mankato mortgages vs. USA median statistics
| Homes |
Mankato |
USA |
| Homes With No Mortgage |
33% |
30% |
| Homes With Mortgage |
67% |
70% |
| First Mortgage Only |
48% |
54% |
| First & Second Mortgage or HELOC |
19% |
16% |
Mankato Area Real Estate Tax
Mankato Real estate Tax: Median Real Estate Taxes (2000) were $957 comparing to 1999 Median Family income $ 47,297. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Mankato School District: Children make up 16.9% of Mankato population. Mankato has 5,482 under 18 years old residents, or 0.3 kids per one worker, or 0.44 kids per one household.
Mankato Real Estate & Mankato Homeownership
There are 3952 or 32% one person households, 4199 or 34% two person households, and 1852.5 or 15% three person households in Mankato, Minnesota. Median residents age is 25.3, Senior citizens (65+) make up 3,674 or 11.3%% of Mankato population.
There are 18,251 workers (over 16 years of age) in Mankato. Of these, 85.85% drive to work. Approximately 2.65% of workers in Mankato take public transportation. An estimated 7.98% walk to work.
Median Mankato homeowner's housing expences are 17.2%
Crime in Mankato (2003), crimes per 10,000 residents per year
| Type of Crime |
Mankato |
USA, 2003 |
| Violent Crimes |
19.12 |
47.5 |
| Robberies |
4.32 |
14.2 |
| Aggravated Assaults |
7.71 |
29.5 |
| Property Crimes |
551.39 |
358.8 |
| Burglaries |
84.19 |
74.0 |
| Larceny-Thefts |
444.38 |
241.5 |
| Motor Vehicle Thefts |
22.82 |
43.3 |
Invest in Mankato Properties
When making a decision about buying real estate in Mankato Minnesota area, you should consider following statistical data:
| Category |
Mankato |
USA |
| Near Medium City |
Burnsville, Minnesota |
- |
| Near Large City |
Milwaukee, Wisconsin |
- |
| Mankato Zip Codes |
56001, 56003 |
- |
| Mankato Area Codes |
507 |
- |
| White population |
92.55% |
75.1% |
| African-American population |
1.9% |
12.3% |
| Asian |
2.81% |
3.6% |
| American Indian & Alaskan |
0.34% |
0.9% |
| Hispanic (of any race) |
2.22% |
12.5% |
| Median Family Income (1999) |
$ 47,297% |
$42,000 |
| Population Below Poverty Level |
16.91% |
12.4% |
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