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Housing Affordability in Carver County, 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
22.9%
Minnesota 27.1%
Renters paying 30%+
42.9%
Minnesota 48.1%
Homeowners paying 30%+
18.5%
Minnesota 19.4%
Owner costs with a mortgage
$2,504/mo
Minnesota $1,947/mo

Housing costs compared with income

  • Renters paying 30% or more3,15642.9%
  • Homeowners paying 30% or more6,17118.5%
  • Renters paying 50% or more1,25017.0%
  • Median rent as a share of income: 26.5%
  • Median owner costs as a share of income, with a mortgage: 19.5%
  • Median owner costs without a mortgage: $841/mo
  • Median home value divided by median household income: 3.6

How it compares

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AreaHouseholds paying 30%+ for housingRenters 30%+Owners 30%+Median rent as % of income
Carver County, MN22.9%42.9%18.5%26.5%
Minnesota27.1%48.1%19.4%29.2%
United States32.2%51.1%22.7%30.6%

Cities and towns in Carver County

Places with 1,000 or more people

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CityHouseholds paying 30%+ for housingRenters 30%+Owners 30%+Median rent as % of income
Chaska25.6%41.9%17.8%26.5%
Chanhassen24.3%48.4%19.9%28.6%
Waconia26.5%44.2%22.3%28.1%
Victoria7.5%16.9%6.8%21.2%
Carver20.8%84.1%16.7%50.0% or more
Watertown18.7%15.4%19.3%20.6%
Norwood Young America33.3%53.6%27.0%36.7%
Mayer13.7%54.5%12.1%50.0% or more
Cologne29.2%70.4%25.0%34.9%

Frequently asked questions

What is the housing cost burden in Carver County, MN?
In Carver County, MN, 22.9% of households spend 30% or more of their income on housing costs.
How does Carver County compare with Minnesota?
The households paying 30%+ for housing in Carver County is 22.9%, compared with 27.1% for Minnesota as a whole.

Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates