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The total population of Racine is estimated to be 477 with 248 males (51.99%) and 229 females (48.01%). There are 19 less females than males in Racine.
The median household income in Racine was $82,504 in 2021, which marked an an increase of 8,142(10.95%) from $74,362 in 2020. This income is 110.59% 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, Racine sees its highest median household income among householders in the age group of 25 to 44 years old, at $87,824. Overall, the median household income for the city of Racine stands at $82,504.
In Racine, the median income for all workers aged 15 years and older, regardless of work hours, was $54,046 for males and $45,804 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,310 for males and $56,297 for females.
In Racine, population is primarily represented by White households, reporting a median income of $82,672.
In 2022, the population of Racine was 505, a 4.77% increase year-by-year from 2021. Previously, in 2021, Racine's population was 482, an increase of 4.56% compared to a population of 461 in 2020.
The median age in Racine, MN is 37.3, as per 2021 ACS 5-Year Estimates. Of the total population, 27.10% were under the age of 15, 13.08% aged 15 to 29, 49.77% aged 30 to 64, 9.11% aged 65 to 84, and 0.93% were 85 years of age and older.
Racial distribution of Racine population: 96.50% are White, 1.17% are Black or African American, 0.93% are some other race and 1.40% are multiracial.