Cost of Living in Itasca 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 Itasca County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Itasca County ranks #2,151 of 3,142 counties for affordability (bottom 32%)
Sourced county brief
Itasca County Official GRAPI Higher Than State Unweighted Mean
The official median gross rent as a percentage of household income (GRAPI) in Itasca County was 33.2% for the 2020-2024 period. This figure is 5.9 percentage points above the Minnesota unweighted county mean of 27.3%. The median gross rent in the county was estimated at $988 per month, while the state unweighted county mean rent was $938. For homeowners, the median home value was $225,200, which is $13,136 below the state unweighted county mean of $238,336. Median selected monthly owner costs were $995, compared to the state unweighted county mean of $1,116. The median income for renter households was $35,853. The 33.2% figure represents the canonical rent-to-income metric based on official ACS B25071 data. See ACS table B25071 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: Itasca County
Affordability Verdict
ACS B25071 estimates median gross rent at 33.2% of renter household income in Itasca 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 $988 per month; median selected monthly owner costs are $995. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $39,520 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. Itasca County's $988 median is 5.3% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Itasca County
Rent Burden
17.3%
of gross income
Max Housing (28% Rule)
$1,601
per month
Owner Cost Burden
17.4%
of gross income
The median home in Itasca County may be a stretch
Median home value is $225,200. Estimated monthly cost: $1,798 vs. your max of $1,601.
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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