Dayton, Minnesota.
Typical home $516,162 (+1.4% in a year). Minneapolis-St. Paul-Bloomington, MN-WI metro.
to buy the typical home at today's mortgage rate — +$1,265 (+88%) since Jan 2020.
- 1 year
- Up $6,913 +1%
- $509,249$516,162 since Sep 2025
- 5 years
- Up $41,661 +9%
- $474,501$516,162 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Dayton$2,709
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 41 years.
Typical home values in Dayton, MN rose 1.4% over the past year — in step with the nation.
Living in Dayton, Hennepin County, Minnesota
Dayton is a city of 7,262 people in Hennepin County. Half its households earn more than $148,947 a year and half less, against $97,653 across Hennepin County; 3% of its people live below the poverty line. 93% of its homes are lived in by their owners and 7% are rented. Unemployment in Hennepin County was 4.6% in August 2026, and the county had 0.2% more jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Dayton is a small city in Hennepin County where nearly everyone lives in a home they own, and renters are few compared with the county as a whole. Household incomes run well above the county's, and fewer people live below the poverty line than is typical. Many adults hold a four-year degree, and residents are somewhat older than in many younger, more urban parts of the metro. Winters are cold and snowy, with January the coldest month, and summers turn warm in July.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, in professional and business services, and in banks, insurance and property. Within Dayton itself, the largest workplaces include Graco's distribution center, the equipment repair firm TurbinePROs, and Dayton Elementary. The typical commute is a fairly long one, and a good number of people work from home.
Things to do. The Rum River is a short drive away and is the closest outdoor option on the list. Farther out, Lake Minnetonka offers a large lake to visit, and the Minneapolis Institute of Art is a museum reached by a longer drive. Each of those trips takes a bit more planning than a quick outing.
Report a mistake
- 3,277households
- 44%of adults have a degree
- 3%below the poverty line
- 27 mintypical commute
- 23%work from home
What residents work in
Employed residents by industry, from the Census survey. Hennepin County had 919,062 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 22° and lows near 4°; warmest in July, with highs near 83° and lows near 61°. About 36 inches of snow and 33 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Elk River weather station, 10 miles away (NOAA).
Largest workplaces in Dayton
- Graco Inc. - Graco Distribution CenterWarehouse and distribution center188
- TurbinePROsMechanical power transmission equipment repair and maintenance services185
- King Solutions,IncTransportation warehouse137
- International Computer AppliancesSheet metal work manufacturing113
- Dayton ElementaryElementary and secondary schools93
- City of DaytonCity and town councils72
- Atlas Foundation CoPile driving, building foundation62
- Heating & Cooling TwoMechanical contractors60
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 15 workplaces with 20 or more staff, 1,214 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailRelatively high
- Cold wavesRelatively high
- Inland floodingRelatively high
- TornadoesRelatively high
- Heat wavesRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Dayton’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hennepin County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.
Dayton home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Dayton$516,162
- Minnesota$348,778
- United States$366,157
Sellers are cutting prices on about 1 in 3 Dayton listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Dayton32.85%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Dayton47
New listings per month
Sellers arriving at the market.
- Dayton10
Zip codes with a Dayton address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Dayton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.