Mankato is located in south Minnesota. Mankato is between the Blue Earth, Le Sueur, Nicollet county. Mankato has 17.91 square miles of land area and 0.35 square miles of water area. As of 2010-2014, the total Mankato population is 39,871, which has grown 22.96% since 2000. The population growth rate is much higher than the state average rate of 9.44% and is much higher than the national average rate of 11.61%. Mankato median household income is $42,929 in 2010-2014 and has grown by 26.43% since 2000. The income growth rate is lower than the state average rate of 29.12% and is about the same as the national average rate of 27.36%. Mankato median house value is $151,100 in 2010-2014 and has grown by 55.13% since 2000. The house value growth rate is higher than the state average rate of 51.31% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Mankato is better than the state average in quality. The Mankato area code is 507.