LearnLife Financial literacy by location

Financial Literacy in Elysian, MN

With a population of roughly 759, Elysian, Minnesota is the 403rd-largest of 855 incorporated places in Minnesota. The population has grown 7.4% since 2020, from 707 to 759. The median age is 42.7.

30.7% of Elysian residents 25 and older have completed a bachelor's degree or more. That runs 10.6 points above the Minnesota average of 20.1%. Put the other way round: of the 459 adults 25 and over counted in the 2019–2023 ACS, roughly 318 — 69.3% — are building their financial lives without a four-year degree behind them.

The typical household here earns $98,571 a year. That is $29,881 above the Minnesota median. About 5.6% of residents live below the poverty line. The median home is valued at $295,700 — about 3× the median household income, a ratio that makes the arithmetic of a mortgage worth understanding before signing one.

Elysian by the numbers

MeasureValue
Population (2024)759
Change since 2020+7.4%
Median household income$98,571
Adults 25+ with a bachelor’s degree30.7%
Adults 25+ with a high school diploma96.5%
Median age42.7
Poverty rate5.6%
Unemployment rate5%
Median home value$295,700
Land area1.179 sq mi
Population density644 / sq mi

What Minnesota teaches — and to whom

Minnesota has committed to 1 semester of personal finance as a graduation requirement, phasing in with the class of 2028 — so today's middle schoolers will be the first cohort held to it. That covers students still in the system. It does nothing for the adults already out of it — which, in Elysian, is most of the people reading this.

LearnLife organises this the way the decisions actually arrive: Legal literacy — leases, contracts, employment rights and what a signature actually commits you to; Money — budgeting, credit, debt and taxes — the mechanics nobody is formally taught; Emotional regulation — the self-management that decides whether the other skills ever get used.

Where to start in Elysian

Start with the money that moves every month

For most households in Elysian, the fastest gain is not an investing strategy — it is seeing the recurring outflows clearly, knowing what a credit score actually responds to, and understanding which line items on a payslip are negotiable.

Questions people ask about Elysian

Do high school students in Elysian, Minnesota have to take a personal finance class?

Yes — Minnesota has adopted a standalone requirement, phasing in with the graduating class of 2028. Students graduating before then are not covered.

How many adults in Elysian, Minnesota have a college degree?

30.7% of adults 25 and older hold a bachelor's degree or higher, based on the Census Bureau's 2019–2023 American Community Survey. The remaining 69.3% are managing their finances without one.

What is the median household income in Elysian, Minnesota?

$98,571, per the Census Bureau's 2019–2023 American Community Survey.

Where can adults in Elysian, Minnesota learn personal finance?

Graduation requirements only ever reach people still in school. For adults, LearnLife covers the same ground on demand — money, legal literacy and the self-management that decides whether either gets used.

Start with whichever one is costing you money right now.

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Nearby in Minnesota

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Population and demographic figures: U.S. Census Bureau — 2024 Gazetteer, Vintage 2024 Population Estimates, and the American Community Survey 2019–2023 5-year estimates. Graduation-requirement status: NGPF Live U.S. Dashboard, read 2026-09-14. Figures marked as unavailable are suppressed by the Census Bureau for small populations.