Cost of Living in Morrison 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 Morrison County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Morrison County ranks #1,653 of 3,142 counties for affordability (bottom 47%)
Sourced county brief
Official GRAPI in Morrison County Reaches 23.8 Percent
In Morrison County, Minnesota, the official Gross Rent as a Percentage of Household Income (GRAPI) was estimated at 23.8% according to the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. This official B25071 figure is 3.5 percentage points lower than the Minnesota unweighted county mean of 27.3%. Median gross rent in the county was reported at $788 per month, which is $150 below the state unweighted county mean of $938. For owner-occupied units, the median home value was $248,500, a figure that is $10,164 above the Minnesota unweighted county mean of $238,336. The median selected monthly owner cost for all owner-occupied units was $1,059, which is below the state unweighted county mean of $1,116. Among renter households, the median income was recorded at $37,700. All housing-cost statistics presented here are snapshots from the 5-year estimate 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: Morrison County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.8% of renter household income in Morrison 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 $788 per month; median selected monthly owner costs are $1,059. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $31,520 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. Morrison County's $788 median is 16.0% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Morrison County
Rent Burden
13.6%
of gross income
Max Housing (28% Rule)
$1,620
per month
Owner Cost Burden
18.3%
of gross income
The median home in Morrison County may be a stretch
Median home value is $248,500. Estimated monthly cost: $1,984 vs. your max of $1,620.
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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