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The total population of Paynesville is estimated to be 2,432 with 1,217 males (50.04%) and 1,215 females (49.96%). There are 2 less females than males in Paynesville.
The median household income in Paynesville was $64,647 in 2021, which marked an an increase of 1,717(2.73%) from $62,930 in 2020. This income is 86.65% 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, Paynesville sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,775. Overall, the median household income for the city of Paynesville stands at $64,647.
In Paynesville, the median income for all workers aged 15 years and older, regardless of work hours, was $39,408 for males and $28,180 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,189 for males and $69,359 for females.
In Paynesville, population is primarily represented by White households, reporting a median income of $64,231.
In 2022, the population of Paynesville was 2,555, a 4.80% increase year-by-year from 2021. Previously, in 2021, Paynesville's population was 2,438, an increase of 2.05% compared to a population of 2,389 in 2020.
The median age in Paynesville, MN is 50.0, as per 2021 ACS 5-Year Estimates. Of the total population, 15.28% were under the age of 15, 14.06% aged 15 to 29, 40.87% aged 30 to 64, 22.12% aged 65 to 84, and 7.67% were 85 years of age and older.
Racial distribution of Paynesville population: 93.90% are White, 0.24% are Black or African American, 0.73% are American Indian and Alaska Native, 0.83% are Asian, 0.20% are Native Hawaiian and other Pacific Islander, 0.49% are some other race and 3.61% are multiracial.