Cost of Living in Sherburne County, Minnesota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Sherburne County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Sherburne County ranks #1,017 of 3,144 counties for affordability (top 32%)
Data Story
About Cost of Living in Sherburne County, Minnesota
Sherburne Balances Income and Housing
Sherburne County's rent-to-income ratio of 13.4% beats Minnesota's 14.5% average and sits well below the national benchmark, supported by a strong median household income of $102,965—38% above the $74,755 national median. Median rent of $1,151 per month exceeds Minnesota's $915 average, yet remains affordable given Sherburne's above-average wages.
Sherburne Ranks Above Average
Sherburne County's 13.4% rent-to-income ratio places it among Minnesota's better-performing counties for housing affordability, a reflection of both solid housing costs and robust household incomes driven by suburban growth. The county punches above state averages in wage earnings while maintaining below-average affordability pressure.
Sherburne's Suburban Sweet Spot
Sherburne County's $1,151 rent and $102,965 median income position it between rural affordability (Rock, Renville) and wealthy exurbs (Scott County's $120,247 income). Median home values of $332,700 exceed most rural peers but trail Scott County's $393,500, marking Sherburne as a more accessible suburban option.
Strong Incomes Sustain Higher Costs
Renters allocate $1,151 monthly while homeowners spend $1,669, together consuming 13.4% and 19.5% of the $102,965 median household income. Sherburne households earn significantly above state and national medians, enabling them to absorb above-average housing costs without strain.
Sherburne for Growing Suburban Families
If you're earning near Sherburne's $102,965 median and seeking suburban amenities with Twin Cities access, this county delivers strong affordability at 13.4% rent-to-income. Compare it to pricier Scott County or lower-wage rural alternatives, and you'll find a balanced sweet spot for upwardly mobile families.
Cost of Living Advisory: Sherburne County
Affordability Verdict
Sherburne County offers affordable rental housing at a median of $1,151/month — about 13.4% of the typical household income here.
Rent vs. Own
Renters in Sherburne County pay $1,151/month on average, compared to $1,669/month for homeowners. This market favors renters by about 31%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $46,040/year. For owner costs at the 28% rule, the required income is roughly $71,529/year. With a median household income of $102,965, most households can comfortably afford rent here. Notably, 27.0% of renter households in Sherburne County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Sherburne County sits 7% more expensive than Blue Earth County ($1,076/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Sherburne County
Rent Burden
13.4%
of gross income
Max Housing (28% Rule)
$2,403
per month
Owner Cost Burden
19.5%
of gross income
The median home in Sherburne County may be a stretch
Median home value is $332,700. Estimated monthly cost: $2,656 vs. your max of $2,403.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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