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The total population of Mahtomedi is estimated to be 8,073 with 3,884 males (48.11%) and 4,189 females (51.89%). There are 305 more females than males in Mahtomedi.
The median household income in Mahtomedi was $134,331 in 2021, which marked an an increase of 7,300(5.75%) from $127,031 in 2020. This income is 180.05% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Mahtomedi sees its highest median household income among householders in the age group of 45 to 64 years old, at $207,535. Overall, the median household income for the city of Mahtomedi stands at $134,331.
In Mahtomedi, the median income for all workers aged 15 years and older, regardless of work hours, was $79,006 for males and $43,068 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $125,728 for males and $88,094 for females.
In Mahtomedi, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $199,293, while White households have a median household income of $135,384.
In 2022, the population of Mahtomedi was 8,006, a 1.04% decrease year-by-year from 2021. Previously, in 2021, Mahtomedi's population was 8,090, a decline of 0.63% compared to a population of 8,141 in 2020.
The median age in Mahtomedi, MN is 44.7, as per 2021 ACS 5-Year Estimates. Of the total population, 19.43% were under the age of 15, 15.04% aged 15 to 29, 45.07% aged 30 to 64, 17.49% aged 65 to 84, and 2.98% were 85 years of age and older.
Racial distribution of Mahtomedi population: 93.01% are White, 2.72% are Black or African American, 0.07% are American Indian and Alaska Native, 2.06% are Asian, 0.22% are Native Hawaiian and other Pacific Islander and 1.90% are multiracial.