Cost of Living in Hubbard County, Minnesota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Hubbard County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Hubbard County ranks #1,571 of 3,144 counties for affordability (top 50%)
Data Story
About Cost of Living in Hubbard County, Minnesota
Hubbard rents strain modest incomes
Hubbard County's rent-to-income ratio of 15.7% exceeds Minnesota's state average of 14.5% and approaches the national affordability threshold of 30%. Despite modest rent of $923, the county's lower median income of $70,622 makes housing cost proportionally heavier.
Below-average affordability in Minnesota
Hubbard County ranks in the lower half of Minnesota's 87 counties for affordability, with a 15.7% rent-to-income ratio that signals housing strain compared to state average. The county's challenge stems less from high rents than from lower wages relative to housing costs.
Rent reasonable, incomes below peer average
Hubbard's $923 rent closely tracks the state median, but its $70,622 median income lags nearly all neighbors, particularly Goodhue at $82,749 and Isanti at $86,573. This income gap widens the housing cost burden despite moderate rents.
Housing eats 15–16% of limited income
Renters spend $923 while homeowners commit $1,057 monthly, with homes valued at $255,900. Housing claims 15.7% of the $70,622 median household income—above comfort levels and constraining household budgets more than higher-income peers.
Affordable rents, but tight household budgets
Hubbard County offers moderate rents but lower incomes relative to housing costs, creating tighter household budgets than nearby alternatives. Relocate here if you value northern Minnesota character and can live on modest wages, but explore Goodhue or Grant County if income stability is paramount.
Cost of Living Advisory: Hubbard County
Affordability Verdict
For renters in Hubbard County, the market is affordable. Expect to pay around $923/month in gross rent, with 29.0% of renter households considered cost-burdened.
Rent vs. Own
The median rent in Hubbard County is $923/month, while owner costs run $1,057/month. Renting saves approximately $134/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,920/year. For owner costs at the 28% rule, the required income is roughly $45,300/year. With a median household income of $70,622, most households can comfortably afford rent here. Notably, 29.0% of renter households in Hubbard County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Minnesota, Hubbard County is more affordable than Lake of the Woods County by roughly 6% ($923/mo vs $867/mo).
Affordability Calculator
See how your income compares to housing costs in Hubbard County
Rent Burden
15.7%
of gross income
Max Housing (28% Rule)
$1,648
per month
Owner Cost Burden
18.0%
of gross income
The median home in Hubbard County may be a stretch
Median home value is $255,900. Estimated monthly cost: $2,043 vs. your max of $1,648.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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