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Housing Affordability in Brooklyn Park, MN
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 29.0%
- Minnesota 27.1%
- Renters paying 30%+
- 55.2%
- Minnesota 48.1%
- Homeowners paying 30%+
- 18.2%
- Minnesota 19.4%
- Owner costs with a mortgage
- $2,038/mo
- Minnesota $1,947/mo
Housing costs compared with income
- Renters paying 30% or more4,62555.2%
- Homeowners paying 30% or more3,72318.2%
- Renters paying 50% or more2,64531.5%
- Median rent as a share of income: 33.0%
- Median owner costs as a share of income, with a mortgage: 21.0%
- Median owner costs without a mortgage: $733/mo
- Median home value divided by median household income: 3.7
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Brooklyn Park, MN | 29.0% | 55.2% | 18.2% | 33.0% |
| Hennepin County | 30.0% | 47.6% | 19.9% | 29.0% |
| Minnesota | 27.1% | 48.1% | 19.4% | 29.2% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Brooklyn Park, MN?
- In Brooklyn Park, MN, 29.0% of households spend 30% or more of their income on housing costs.
- How does Brooklyn Park compare with Minnesota?
- The households paying 30%+ for housing in Brooklyn Park is 29.0%, compared with 27.1% for Minnesota as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates