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Cost of Living in Morrison County, MN

Population 34,249 · Census ACS 2020–2024 5-year estimates

Median rent$788
Median home value$248,500
Median household income$69,446

The median rent in Morrison County, MN is $788/month, 38% lower than the Minnesota median and 44% lower than the U.S. median. The median home value is $248,500, 25% lower than the national median. Households earn a median of $69,446 a year, 22% lower than the state median.

Affordability

Rent as a share of median income: 13.6%
Income needed for median rent (30% rule): $31,520/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,257/mo

Run your own numbers: mortgage calculator · hourly to salary

Morrison County vs. Minnesota vs. U.S.

Morrison CountyMinnesotaU.S.
Median rent$788$1,280$1,413
Median home value$248,500$329,300$332,700
Median household income$69,446$89,062$80,734
Homeownership rate80.6%72.2%65.2%
Bachelor's degree or higher18.9%39.4%35.7%
Poverty rate11.0%9.3%12.5%
Unemployment rate4.0%4.1%5.2%
Work from home8.7%17.6%15.1%
Median age42.538.838.9

FAQ

What is the average rent in Morrison County, MN?

The median gross rent in Morrison County, MN is $788 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $31,520 a year in gross income.

Is Morrison County, MN expensive to live in?

Rent there is 44% lower than the U.S. median, and the median home costs about 3.6 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

Webster County, IARent $785 · Income $68,975Preble County, OHRent $794 · Income $69,223Manitowoc County, WIRent $797 · Income $69,148Jackson County, WIRent $787 · Income $68,110Greene County, PARent $789 · Income $68,041Wyoming County, NYRent $802 · Income $69,110

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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