Cost of Living in Carlton County, Minnesota

$967/mo
Median Monthly Rent
$232,000
Median Home Value
6% above state averageUnaffordable

At a Glance

Median Monthly Rent
$967/mo
6% above state average
Median Home Value
$232,000
18% below national
Rent-to-Income Ratio
26.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Carlton County Compares

Median monthly rent comparison

Carlton County$967/mo
Minnesota Average$915/mo
National Median$1,163/mo

Detailed Housing Stats

$967/mo
Median Gross Rent
$232,000
Median Home Value
$1,312/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Carlton County, Minnesota

Carlton matches the national affordability norm

Carlton County residents spend 14.5% of their income on rent, matching the national benchmark exactly. With a median household income of $80,042—well above the national median of $74,755—renters here enjoy better income cushion than many Americans.

Right in the Minnesota middle

Carlton's 14.5% rent-to-income ratio ties it exactly with Minnesota's state average, placing it squarely in the middle of the affordability spectrum across Minnesota's 87 counties. This stability reflects a balanced relationship between local wages and housing costs.

More affordable than nearby Carver

Carlton's median rent of $967 is $477 cheaper than Carver County's $1,444, though Carlton residents earn $43,102 less annually. Cook County to the north offers similar rent ($886) and comparable affordability at 14.8%.

Housing costs stay in balance here

Carlton renters average $967 monthly while homeowners spend $1,312, with both representing manageable shares of the $80,042 median income. Combined rental and ownership costs suggest roughly 14-20% of household budgets go to housing.

Carlton offers stable, balanced living

If you're seeking housing stability without dramatic cost burdens, Carlton's balanced affordability metrics and income levels make it a practical choice. The county's rental parity with national standards means your housing costs won't surprise you—they'll be predictable.

Affordability Calculator

See how your income compares to housing costs in Carlton County

$

Rent Burden

14.5%

of gross income

Max Housing (28% Rule)

$1,868

per month

Owner Cost Burden

19.7%

of gross income

You can likely afford the median home in Carlton County

Median home value is $232,000. Estimated monthly cost: $1,852 vs. your max of $1,868.

Rent Affordability Guide

Your rent-to-income ratio14.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Carlton County, Minnesota?
Carlton County, Minnesota has a median monthly rent of $967/mo and a median home value of $232,000. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Carlton County?
The median gross rent in Carlton County is $967/mo. This is 6% above state average for Minnesota.
Is Carlton County affordable?
Carlton County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Carlton County's rent compare to the state average?
Carlton County's median rent of $967/mo is 6% above state average of $915/mo for Minnesota.
What is the median home value in Carlton County?
The median home value in Carlton County, Minnesota is $232,000. This is 18% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.