Nicollet was platted on June 30, 1874 by James H. Stewart and Walter L. Brackenridge as a railroad town.

[8] According to the U.S. Census Bureau, the city has a total area of 0.94 square miles (2.43 km2), all land.

[9] As of the census[11] of 2010, there were 1,093 people, 429 households, and 307 families living in the city.

There were 445 housing units at an average density of 473.4 per square mile (182.8/km2).

23.5% of all households were made up of individuals, and 7.9% had someone living alone who was 65 years of age or older.

There were 350 housing units at an average density of 396.9 per square mile (153.2/km2).

25.3% of all households were made up of individuals, and 10.2% had someone living alone who was 65 years of age or older.