Cost of Living in Lac qui Parle 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 Lac qui Parle County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lac qui Parle County ranks #850 of 3,142 counties for affordability (top 27%)
Sourced county brief
Lac qui Parle County Renter Household Income and Cost Profile
Renter-household median income in Lac qui Parle County is $35,089, with a corresponding official median gross rent as a percentage of household income (GRAPI) of 24.7%. This GRAPI, from ACS table B25071, is 2.6 percentage points below the Minnesota unweighted county mean of 27.3%. The median gross rent in the county is $728 per month, which is $210 below the state unweighted county mean of $938. For those in owner-occupied housing, the median home value was estimated at $157,600, trailing the state unweighted mean of $238,336 by $80,736. Median selected monthly owner costs for all units are $793, compared to the state unweighted mean of $1,116. The median income for all households in the county is $74,432. This data provides a factual overview of housing and income metrics as reported in the 2020-2024 American Community Survey. 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: Lac qui Parle County
Affordability Verdict
ACS B25071 estimates median gross rent at 24.7% of renter household income in Lac qui Parle 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 $728 per month; median selected monthly owner costs are $793. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $29,120 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. Lac qui Parle County's $728 median is 22.4% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Lac qui Parle County
Rent Burden
11.7%
of gross income
Max Housing (28% Rule)
$1,737
per month
Owner Cost Burden
12.8%
of gross income
You can likely afford the median home in Lac qui Parle County
Median home value is $157,600. Estimated monthly cost: $1,258 vs. your max of $1,737.
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
What is the cost of living in Lac qui Parle County, Minnesota?
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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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