Cost of Living in Anoka County, Minnesota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Anoka County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Anoka County ranks #2,902 of 3,142 counties for affordability (bottom 8%)
Sourced county brief
Median Gross Rent in Anoka County Reaches $1,464 Per Month
Anoka County’s median gross rent was estimated at $1,464 per month, a figure that is $526 higher than the Minnesota unweighted county mean of $938. The official rentBurdenGrapiPct, which is the median gross rent as a percentage of household income for renters according to ACS B25071, was 30.6%. This is 3.3 percentage points higher than the state unweighted county mean of 27.3%. Median renter-household income in the county was $55,974. Homeownership costs also differ from state unweighted means; the median home value was $346,500, which is $108,164 above the state unweighted county mean of $238,336. Median selected monthly owner costs for all owner-occupied units were $1,604, exceeding the state unweighted county mean of $1,116. These data represent snapshot estimates from the 2020-2024 American Community Survey and do not imply future market changes or investment outcomes. See ACS table B25064 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Anoka County
Affordability Verdict
ACS B25071 estimates median gross rent at 30.6% of renter household income in Anoka County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,464 per month; median selected monthly owner costs are $1,604. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $58,560 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Minnesota unweighted mean of county median rents is $938 per month. Anoka County's $1,464 median is 56.1% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Anoka County
Rent Burden
17.2%
of gross income
Max Housing (28% Rule)
$2,377
per month
Owner Cost Burden
18.9%
of gross income
The median home in Anoka County may be a stretch
Median home value is $346,500. Estimated monthly cost: $2,766 vs. your max of $2,377.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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