Cost of Living in Kanabec 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 Kanabec County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Kanabec County ranks #2,324 of 3,142 counties for affordability (bottom 26%)
Sourced county brief
Kanabec County Official GRAPI and Household Housing Cost Snapshot
In Kanabec County, the official median gross rent as a percentage of household income (GRAPI) is 24.6%, according to ACS table B25071. This figure is 2.7 percentage points below the Minnesota unweighted county mean of 27.3%. The median gross rent in the county is $962 per month, which is $24 above the state unweighted county mean of $938. For those in owner-occupied housing, the median home value was estimated at $228,100, which is $10,236 below the state unweighted mean of $238,336. Median selected monthly owner costs for all owner-occupied units are $1,190, compared to the state unweighted mean of $1,116. The median income for renter-households is $39,107, while the median income for all households in the county is $71,460. These figures provide a statistical overview of the county's housing expenses during the 2020-2024 period. 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: Kanabec County
Affordability Verdict
ACS B25071 estimates median gross rent at 24.6% of renter household income in Kanabec County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $962 per month; median selected monthly owner costs are $1,190. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $38,480 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. Kanabec County's $962 median is 2.6% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Kanabec County
Rent Burden
16.2%
of gross income
Max Housing (28% Rule)
$1,667
per month
Owner Cost Burden
20.0%
of gross income
The median home in Kanabec County may be a stretch
Median home value is $228,100. Estimated monthly cost: $1,821 vs. your max of $1,667.
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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