Byron is a somewhat small city located in the state of Minnesota. With a population of 6,711 people and two associated neighborhoods, Byron is the 134th largest community in Minnesota. There's nothing like the smell of a brand new house, and in Byron, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Byron, and putting down their money on brand new construction. Byron’s real estate is, on average, some of the newest in the nation. Byron does seem to be experiencing an influx of affluent people, because the median household income is $126,250.00.
Also of interest is that Byron has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.13% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Byron is a great place for families with children to consider. First of all, many other families with children live here, making Byron a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Byron has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Byron’s overall crime rate is lower than average for the country.
If knowledge is power, Byron is a pretty powerful place. 50.38% of the adults in Byron have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Byron in 2022 was $51,185, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $204,740 for a family of four.
The people who call Byron home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Byron residents report their race to be White, followed by Asian. Important ancestries of people in Byron include German, Norwegian, English, Irish, and Polish.
The most common language spoken in Byron is English. Other important languages spoken here include Italian and Slavic languages.