Financial Literacy in St. Francis, MN

With a population of roughly 8,523, St. Francis, Minnesota is among the larger communities in Minnesota, ranking 115th of 855 by population. The population has grown 4.3% since 2020, from 8,174 to 8,523. The median age is 35.4.

15.1% of St. Francis residents 25 and older have completed a bachelor's degree or more. That sits 5 points below the Minnesota average of 20.1%. Put the other way round: of the 5,291 adults 25 and over counted in the 2019–2023 ACS, roughly 4,492 — 84.9% — are building their financial lives without a four-year degree behind them.

The typical household here earns $101,875 a year. That is $33,185 above the Minnesota median. About 7.2% of residents live below the poverty line. The median home is valued at $297,800, roughly 2.9× median household income.

St. Francis by the numbers

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 St. Francis, 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 St. Francis

Start with the money that moves every month

For most households in St. Francis, 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 St. Francis

Do high school students in St. Francis, 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 St. Francis, Minnesota have a college degree?

15.1% 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 84.9% are managing their finances without one.

What is the median household income in St. Francis, Minnesota?

$101,875, per the Census Bureau's 2019–2023 American Community Survey.

Where can adults in St. Francis, 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.

Nearby in Minnesota

• Albertville
• Waite Park
• Corcoran
• Thief River Falls
• East Grand Forks
• Virginia
• Mound
• New Prague
• Orono
• Waseca
• Mahtomedi
• Minnetrista

All Minnesota locations →