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Cost of Living in Kanabec County, MN

Population 16,390 · Census ACS 2020–2024 5-year estimates

Median rent$962
Median home value$228,100
Median household income$71,460

The median rent in Kanabec County, MN is $962/month, 25% lower than the Minnesota median and 32% lower than the U.S. median. The median home value is $228,100, 31% lower than the national median. Households earn a median of $71,460 a year, 20% lower than the state median.

Affordability

Rent as a share of median income: 16.2%
Income needed for median rent (30% rule): $38,480/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,153/mo

Run your own numbers: mortgage calculator · hourly to salary

Kanabec County vs. Minnesota vs. U.S.

Kanabec CountyMinnesotaU.S.
Median rent$962$1,280$1,413
Median home value$228,100$329,300$332,700
Median household income$71,460$89,062$80,734
Homeownership rate84.5%72.2%65.2%
Bachelor's degree or higher15.7%39.4%35.7%
Poverty rate10.0%9.3%12.5%
Unemployment rate4.6%4.1%5.2%
Work from home9.0%17.6%15.1%
Median age44.738.838.9

FAQ

What is the average rent in Kanabec County, MN?

The median gross rent in Kanabec County, MN is $962 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Kanabec County, MN?

Using the common 30% rule, renting a median-priced home takes about $38,480 a year in gross income.

Is Kanabec County, MN expensive to live in?

Rent there is 32% lower than the U.S. median, and the median home costs about 3.2 times the median household income.

Other counties in Minnesota

Hennepin County, MNRent $1,487 · Income $97,653Ramsey County, MNRent $1,329 · Income $81,568Dakota County, MNRent $1,548 · Income $106,318Anoka County, MNRent $1,464 · Income $101,869Washington County, MNRent $1,710 · Income $115,345St. Louis County, MNRent $1,013 · Income $70,069

Counties with a similar cost of living

Jerome County, IDRent $966 · Income $71,724LaPorte County, INRent $976 · Income $71,055Marshall County, TNRent $946 · Income $71,049Sheridan County, WYRent $939 · Income $71,388Peach County, GARent $940 · Income $71,293Tate County, MSRent $963 · Income $69,704

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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