Preston

Population: 1,315
Median household income: $60,438
Median home value: $169,600

Located in Fillmore County, Minnesota, Preston is a community with a population of 1,315. At $60,438, its median household income sits below Fillmore County's $75,225.

From 2019 to 2023, Preston's population declined 6.6% from 1,408 to 1,315, while its median home value rose 44.8% from $117,100 to $169,600.

66.4% of homes are single-family detached houses. The typical home was built around 1962.

Demographics

ACS 2019–2023

Population: 1,315
Median age: 41.3 yrs
Median household income: $60,438
Median home value: $169,600
Median gross rent: $649
Housing units: 622
Homeownership rate: 72.9%
Bachelor's degree or higher: 27.6%
Unemployment rate: 3.5%

Trends

ACS 5-year · 2019–2023

Population

1,4081,315

Median household income

$49,750$60,438

Median home value

$117,100$169,600

Median gross rent

$544$649

Year	Population	Median household income	Median home value	Median gross rent
2019	1,408	$49,750	$117,100	$544
2020	1,192	$45,556	$126,200	$492
2021	1,285	$46,406	$122,000	$539
2022	1,222	$56,354	$154,400	$576
2023	1,315	$60,438	$169,600	$649

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.9%

5 to 1715.4%

18 to 247.5%

25 to 3412.2%

35 to 4412.4%

45 to 549.0%

55 to 6415.6%

65 to 7412.4%

75 and over9.5%

	Count	Share
Under 5	78	5.9%
5 to 17	203	15.4%
18 to 24	99	7.5%
25 to 34	160	12.2%
35 to 44	163	12.4%
45 to 54	119	9.0%
55 to 64	205	15.6%
65 to 74	163	12.4%
75 and over	125	9.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,270	96.6%
Black or African American	9	0.7%
American Indian & Alaska Native	3	0.2%
Asian	4	0.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	10	0.8%
Hispanic or Latino (any race)	19	1.4%

Educational attainment (age 25+)

No high school diploma2.6%

High school graduate33.8%

Some college or associate's36.0%

Bachelor's degree19.1%

Graduate or professional degree8.4%

	Count	Share
No high school diploma	24	2.6%
High school graduate	316	33.8%
Some college or associate's	337	36.0%
Bachelor's degree	179	19.1%
Graduate or professional degree	79	8.4%

Commute to work

Mean travel time to work: 22 min

Drove alone77.5%

Carpooled2.5%

Public transit1.1%

Walked5.8%

Bicycle0.0%

Worked from home11.9%

Other means1.2%

How workers get to work

	Count	Share
Drove alone	506	77.5%
Carpooled	16	2.5%
Public transit	7	1.1%
Walked	38	5.8%
Bicycle	0	0.0%
Worked from home	78	11.9%
Other means	8	1.2%

Travel time

	Count	Share
Under 15 min	275	47.8%
15 to 29 min	124	21.6%
30 to 44 min	56	9.7%
45 to 59 min	90	15.7%
60+ min	30	5.2%

Households

Average household size: 2.23
Poverty rate: 13.5% (174 of 1,286)

	Count	Share
Family households	338	59.2%
Nonfamily households	233	40.8%

Housing

Median year structure built: 1962

Occupancy

	Count	Share
Occupied	571	91.8%
Vacant	51	8.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	416	72.9%
Renter-occupied	155	27.1%

1-unit, detached66.4%

1-unit, attached2.6%

2 to 4 units4.0%

5 to 19 units18.8%

20 or more units3.5%

Mobile home & other4.7%

Units in structure

	Count	Share
1-unit, detached	413	66.4%
1-unit, attached	16	2.6%
2 to 4 units	25	4.0%
5 to 19 units	117	18.8%
20 or more units	22	3.5%
Mobile home & other	29	4.7%

Geography

Place GEOID: 2752450
Type (LSAD): 25
Land area: 2.46 sq mi
Water area: 0 sq mi
Center point: 43.6726, -92.0828