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Local Statistics



The population within a 60 mile radius of Mankato / North Mankato is 1,034,333 which @includes 12 counties in Minnesota (Source: US Census Bureau, Census 2000).

Both Mankato and North Mankato were designated "dreamtowns" by Demographics Daily. Cities in the study had a population of 10,000 to 50,000 and were ranked according to quality of life indicators. They @included vitality, supply of good jobs, freedom from stress, connection to cultural mainstream, support for schools, access to health care, low cost of living and small-town character.

In terms of business climate, BizDemographics awarded Mankato an "A," a sign of excellent economic health. Mankato ranked 25th out of 39 small cities to receive an "A". The Study looked at 18 economic and demographic categories, including population growth, per capita income, job growth and local educational levels.

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FOR YOUR INFORMATION

LOCATION MANKATO NORTH MANKATO
County Blue Earth Nicollet
Region 9 9
Distance
Minneapolis/St.Paul     
75 miles SW      75 miles SW     
Senate District 23 23
House District 23B 23A

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POPULATION 1990 2001 ESTIMATE
Mankato 38,477 39,422
Blue Earth County      54,044 56,085
North Mankato 11,628 12,944
Nicollet County 28,076 29,771
(Source: Census of Population and Housing Claritas, February 2002)

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WORKFORCE CHARACTERISTICS CIVILIAN EMPLOYED UNEMPLOYMENT RATE
Mankato 18,652 1,145 4.2%
Blue Earth County 31,468 1,525 4.6%
North Mankato 6,893 218 3.1%
Nicollet County 16,757 783 4.5%
(Source: US Bureau of the Census, Census 2000)

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PER CAPITA INCOME 1990 CENSUS 2000 CENSUS
Mankato N/A $17,652
Blue Earth County $11,125 $18,712
North Mankato N/A $23,916
Nicollet County $12,358 $20,517
(Source: US Bureau of the Census, Census 2000)

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MEDIAN HOUSEHOLD INCOME 1990 CENSUS 2000 CENSUS
Mankato N/A $33,956
Blue Earth County $25,366 $38,940
North Mankato N/A $48,816
Nicollet County $30,491 $46,170

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SINGLE FAMILY HOME MEDIAN LISTING PRICE - MAY 2002
Mankato $162,500
North Mankato $193,500
(Source: Mankato Multiple Listing Service - May 2002)

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LABOR FORCE PARTICIPATION RATE
Blue Earth County Female 61.9%
Nicollet County Female 66.7%
State Minnesota - both 62.5%
(Source: MDES 1990 Census Data)

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SALES TAX
Minnesota sales tax 6.5%
Mankato sales tax .05%
Mankato shopping tax 7.0% (State + Mankato = Mankato shopping tax)
Lodging tax 3.00%

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MAJOR EMPLOYERS PRODUCT/SERVICES EMPLOYEES
AgStar Financial Services Rural financing 365
Atlantis Plastics Plastic extrusion 188 (two plants)
Cenex/Harvest States Soybean processor 196
Coloplast Corporation Medical skin care 84
Coughlan Companies Building materials, publishing 200
Dotson Company, Inc. Iron castings 120
EI Microcircuits Circuit board assembly/design 162
Free Press Company Newspaper printing 125
Harry Meyering Center Disabled adult facility 225
HickoryTech Communications 525
Hiniker Company Agricultural implements 150
Hubbard Feeds, Inc. Pet food, animal feed 130
Immanuel-St. Joseph's Mayo Health System Medical Care 1,492
Jones Metal Products Metal fabricating 125
Kato Engineering Electric rotating equipment 450
Katolight Corporation Emergency generators 156
Mankato Clinic Medical care 512
MRCI (Mankato Rehabilitation Center) Adult rehabilitation/packaging 852
MICO, Inc. Hydraulic brake systems 284
Midwest Electric Products, Inc. Outdoor electric boxes 230
Midwest Wireless Communications 356
Minnesota Elevator, Inc. Commercial elevator 189
Minnesota State University, Mankato Education 1,300
MinnKota Operations-Johnson Outdoors Fishing and sports equipment 175
Perfecseal Mankato Thermoforming, packaging 145
Southern Minnesota Construction Company Commercial construction 275
Taylor Corporation Commercial and social printing 4,100
Thin Film Technology Electronic components 130
The Thro Company Nursing and assisted living facilities 80
TruServ Corporation Distributors 122
V-Tek, Inc. Electronic component packaging 100
Vetter Stone Company Building stone 103
Winland Electronic, Inc. Electronic assembly, sensors 107
Wis-Pak, Inc. Carbonated beverages 135
Year-Around-Cab Corporation Tractor cabs, earth busters 100
Young America Corporation Rebate/coupon fulfillment 480

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FINANCIAL INSTITUTIONS (Total Assets as of June 2001)
Alliance Bank (all locations) $8.4 million
Commercial Federal Bank (all locations) $12.7 million
Community Bank (all locations) $78.6 million
First Federal Bank --
MinnStar Bank (all locations) $75.1 million
Northern Star Bank $39.1 million
ProGrowth Bank (all locations) $51.9 million
Security State Bank $102.0 million
21st Century Bank (all locations) $97.7 million
TCF Bank (all locations) $11.6 billion
US Bank (all locations) $80.5 billion
Valley Bank $99.7 million
Voyager Bank (all locations) $212.5 million
Wells Fargo Bank (all locations) $39.2 billion
Wells Federal Bank (all locations) 216.6 million
(Source: Federal Deposit Insurance Corporation)

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GOVERNMENT Mankato North Mankato
  
ORGANIZATION Manager Council Modified Mayor Council
  
REFUSE SERVICE Private Private
  
TRANSIT INFRASTRUCTURE
Bus Bus Service Intra City
Greyhound & Mankato Heartland Express
Mankato Land to Air Express
Air Airport: Mankato Municipal
Distance to Airport: 5 miles NE
Highways Interstate Highways - 50 miles to I-90, 40 miles to I-35
U.S. Highways - 169 & 14

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U.S. HIGHWAY DISTANCE TO MAJOR CITIES

Chicago: 447 miles
Minneapolis/St. Paul: 75 miles
Des Moines: 195 miles
Omaha: 310 miles
Duluth: 235 miles
Sioux Falls: 170 miles
Kansas City: 390 miles
Toronto: 925 miles
Milwaukee: 385 miles
Winnipeg: 775 miles

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