As of 2024 the population of Scandia is 4,008. The population is expected to grow to 4,155 by 2029 - a growth rate of 0.72%.
The median age of Scandia residents is 52.
The diversity index of Scandia is 17.2, meaning that there is a 17% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Scandia is $149,300 and projected to be $171,499 in 2029. Per capita income is $59,383, projected to be $68,935 in 2029. 9.03% of households – 362 – have an income of $200,000 or higher. Average net worth is $3,016,793 and the average disposable income is $103,806.
There are 1,753 housing units in Scandia; 1,461 are owner-occupied, 133 are rented, and 159 are vacant. The average home value is $634,719, with 105 homes built in 2010 or later, and 199 built in 1939 or earlier.
There are 118 businesses in Scandia, employing 691 workers and pulling from a labor force of 1,522 age 16 and above. 778 workers commute into Scandia from outside the county or state. Key industries for the area include:
695 residents both live and work in/around Scandia. The average travel time is 41.4 minutes. 1.44% people have a commute of less than 5 minutes while 6.19% commute 90 minutes or more each way. Of commuters, 971 drive alone, 153 carpool, and 25 take public transportation. 33 use other modes of transport such as motorcycle, bicycle, walking, etc. 340 residents work from home.
753 members of the workforce hold a high school diploma or GED. 307 have associates degrees, 910 have bachelor’s degrees, and 366 hold a graduate or professional degree.
