Nicollet, MN demographics:
population, income, and more

Total population
957
-0.9% year-over-year change
Median household income
$84,643/yr
5.2% year-over-year change
Housing units
400
-1.2% year-over-year change

Nicollet population

How many people live in Nicollet

Nicollet is home to 957 residents, according to the most recent Census data. Gender-wise, 50% of Nicollet locals are male, and 50% are female.

Total population
957
-0.9% year-over-year change
Gender ratio
Male
50%
478
Female
50%
479
Value Percent YoY change
Male 478 50% 1.5%
Female 479 50% -3.2%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Nicollet is 33, with the population distributed as follows: about 18.5% are children under 15, then 18.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 29.9% of the population, while another 21.2% fall into the 45 to 64 bracket. Finally, around 12.3% are 65 or older.

Median age
32.8
Age breakdown
Under 15
18.5%
15 to 24
18.1%
25 to 44
29.9%
45 to 64
21.2%
Over 65
12.3%
Value Percent YoY change
Under 15 177 18.5% 7.9%
15 to 24 173 18.1% -14.4%
25 to 44 286 29.9% -2.7%
45 to 64 203 21.2% 2.0%
Over 65 118 12.3% 10.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Nicollet, 98.4% of the population are US-born citizens, while 0.1% have gained naturalized citizenship. At the same time, 1.5% of residents are non-citizens. There’s also a share of 4.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.4%
Non-U.S.-born citizens
0.1%
Non-citizens
1.5%
Value Percent YoY change
U.S.-born citizens 942 98.4% 0.4%
Non-U.S.-born citizens 1 0.1% -83.3%
Non-citizens 14 1.5% -36.4%
Racial breakdown
White
91.8%
Black or African American
2.7%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
4.3%
Other
1.2%
Value Percent
White 879 91.8%
Black or African American 26 2.7%
Two or more races 41 4.3%
Other 11 1.2%

Households in Nicollet

A peek inside Nicollet households

Nicollet has 388 households, with an average of 2 members in each. Of these, 59.8% are families, while the remaining 40.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
388
-1.5% year-over-year change
Average people per household
2
Non-family households
156
Family households
232
Value Percent YoY change
Non-family households 156 40.2% -6.6%
Family households 232 59.8% 2.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Nicollet

The housing landscape of Nicollet

Nicollet's housing consists of 400 units, with 67% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 8.2% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3.2% of the housing landscape.

Housing units
400
-1.2% year-over-year change
Housing types
Value Percent
1 unit, detached 268 67%
1 unit, attached 33 8.2%
2 units 3 0.8%
3 or 4 units 12 3%
5 to 9 units 53 13.2%
10 to 19 units 18 4.5%
Mobile home 13 3.2%
Homes built since 2020
2
% year-over-year change

The age of buildings in Nicollet

In Nicollet, the median construction year is 1982. About 12.5% of homes were built before the 1940s, with another 2.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 18% of homes were added from 2000 to 2009, 15% between 2010 and 2019, and 0.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 50 12.5% 21.9%
Built between 1940 and 1949 9 2.2% 0.0%
Built between 1950 and 1959 8 2% 0.0%
Built between 1960 and 1969 50 12.5% -5.7%
Built between 1970 and 1979 76 19% 1.3%
Built between 1980 and 1989 33 8.2% -21.4%
Built between 1990 and 1999 40 10% -16.7%
Built between 2000 and 2009 72 18% 12.5%
Built between 2010 and 2019 60 15% -7.7%
Built in 2020 or later 2 0.5% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Nicollet occupancy rates

Out of the 388 occupied housing units in Nicollet, 65.7% are owner-occupied, while 34.3% are lived in by tenants. Meanwhile, 3% of all homes on the local market sit vacant.

Occupied housing units
388
-1.5% year-over-year change
Occupancy breakdown
Renter occupied
133
Owner occupied
255
Value Percent YoY
change
Renter occupied 133 34.3% -9.5%
Owner occupied 255 65.7% 3.2%
Unoccupied housing units
3.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Nicollet housing costs

Housing costs in Nicollet come to a median of $1,118 per month, while tenants specifically pay a median gross rent of $855.

Median housing costs per month
$1,118/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Nicollet
$855/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Nicollet

Nicollet education at a glance

About 32.9% of the population in Nicollet went to high school, while 23.7% pursued college studies. Another 18.4% earned an associate degree and 16.1% hold a bachelor’s. Meanwhile, 5% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 29 3.9% 7.4%
High school diploma 243 32.9% -9.0%
College diploma 175 23.7% -7.4%
Associate degree 136 18.4% -13.4%
Bachelor's degree 119 16.1% 28.0%
Graduate degree 37 5% 2.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Nicollet

How much people earn in Nicollet

The average annual household income in Nicollet was $105,518 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +9.8% change from the previous year. At the same time, the median income stood at $84,643, reflecting a +5.2% shift over the same period.

Average household income in Nicollet
$105,518/year
9.8% year-over-year change
Median household income in Nicollet
$84,643/year
5.2% year-over-year change

Nicollet income by age

In Nicollet, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $107,885. Those with someone between 45 and 64 in charge, often well established professionally, earn $93,750 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $56,750, while those led by someone over 65, many of whom may be retired, have about $41,563 in earnings. Overall, 93.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $56,750 4.5%
25 - 44 $107,885 9.9%
45 - 64 $93,750 0.0%
Over 65 $41,563 4.7%
Above poverty level
872
Below poverty level
62
Value Percent YoY
change
Above poverty level 872 93.4% 1.2%
Below poverty level 62 6.6% -25.3%

Average renter income in Nicollet

To get a better sense of what renters earn on average in Nicollet, their median household income was $47,083 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 21.8%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$47,083
Rent-to-income ratio
21.8%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Nicollet

Workforce and job types in Nicollet

The job market in Nicollet is powered by 593 working residents, spread across a range of industries and roles. 74.7% of the working population are employed in professional or administrative positions, while 25.3% are in hands-on or service-based jobs. Also, 2.9% run their own businesses, 72% are employed by private companies, and 14.2% work in the public sector.

Workforce demographics

Working population
593
-5.7% year-over-year change
White collar
443
Blue collar
150
Value Percent YoY change
White collar 443 74.7% -3.9%
Blue collar 150 25.3% -10.7%
Employer type
Self employees
2.9%
Private companies
72%
Governmental workers
14.2%
Not for profit companies
11%
Value Percent YoY change
Self employees 17 2.9% 6.2%
Private companies 427 72% -15.1%
Governmental workers 84 14.2% 33.3%
Not for profit companies 65 11% 38.3%
Unemployment rate
2.0%
140.0% year-over-year change

Available workforce

The unemployment rate in Nicollet stands at 2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Nicollet

How people get around in Nicollet

Commuting methods vary: 82.2% of residents travel by personal vehicle and 3.9% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 484 82.2% -5.1%
Walk 23 3.9% -25.8%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Nicollet by zipcode?

Zipcode Population Number of households Median income Average income
56074 1,845 699 $92,813 $116,432

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FAQs about Nicollet demographics 

What is the total population of Nicollet?

Nicollet has a total population of 957 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.9% compared to a year ago.

What is the gender ratio in Nicollet?

The gender ratio in Nicollet is as follows:
  • 50% males (478 residents)
  • 50% females (479 residents)

What is the median age in Nicollet?

The median age in Nicollet is 32.8.

What is the age distribution of the population in Nicollet?

The age distribution in Nicollet is as follows:
  • Under 15: 18.5% (177 residents)
  • Ages 15-24: 18.1% (173 residents)
  • Ages 25-44: 29.9% (286 residents)
  • Ages 45-64: 21.2% (203 residents)
  • Over 65: 12.3% (118 residents)

What is the racial and ethnic makeup of Nicollet?

The racial and ethnic makeup of Nicollet is as follows:
  • White: 91.8% (879 residents)
  • Black or African American: 2.7% (26 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 4.3% (41 residents)
  • Other: 1.2% (11 residents)

What percentage of the population in Nicollet are U.S.-born citizens?

U.S.-born citizens represent 98.4% of the population in Nicollet.

How many housing units are there in Nicollet?

There are 400 housing units in Nicollet, reflecting a -1.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Nicollet and what is the average household size?

Nicollet has a total of 388 households, with an average of 2 people in each.

What is the median household income in Nicollet?

Nicollet has a median household income of $84,643, representing a +5.2% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Nicollet?

The employment rate is 98% in Nicollet, with a workforce of 593 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 74.7% (443 residents)
  • Blue-collar workers: 25.3% (150 residents)

Places of employment:
  • Self-employed: 2.9% (17 residents)
  • Private companies: 72% (427 residents)
  • Governmental workers: 14.2% (84 residents)
  • Not-for-profit companies: 11% (65 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025