Cost of Living in Norman 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 Norman County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Norman County ranks #1,212 of 3,142 counties for affordability (top 39%)
Sourced county brief
Norman County Median Home Value Estimated at 147,100 Dollars
The median home value in Norman County, Minnesota, was estimated at $147,100, which is below the state unweighted county mean of $238,336. According to the American Community Survey (ACS) 2020-2024 5-Year Estimates, the official median gross rent as a percentage of household income (GRAPI) in Norman County was 23.6%. This is 3.7 percentage points lower than the state unweighted county mean of 27.3%. The median gross rent for the county was $774 per month, while the state unweighted county mean was $938. Median selected monthly owner costs for all owner-occupied units were $856, compared to a state unweighted county mean of $1,116. The median income for renter households was $46,607. These housing-cost statistics are provided as a snapshot of the 2020-2024 period. This analysis uses data version acs5-2020-2024 and methodology version cost-brief-v1. 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: Norman County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.6% of renter household income in Norman 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 $774 per month; median selected monthly owner costs are $856. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $30,960 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. Norman County's $774 median is 17.5% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Norman County
Rent Burden
12.9%
of gross income
Max Housing (28% Rule)
$1,686
per month
Owner Cost Burden
14.2%
of gross income
You can likely afford the median home in Norman County
Median home value is $147,100. Estimated monthly cost: $1,174 vs. your max of $1,686.
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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