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Housing Affordability in Clarkfield, 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
20.0%
Minnesota 27.1%
Renters paying 30%+
45.1%
Minnesota 48.1%
Homeowners paying 30%+
13.8%
Minnesota 19.4%
Owner costs with a mortgage
$1,044/mo
Minnesota $1,947/mo

Clarkfield has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.

Housing costs compared with income

  • Renters paying 30% or more3245.1%
  • Homeowners paying 30% or more4013.8%
  • Renters paying 50% or more2129.6%
  • Median rent as a share of income: 27.8%
  • Median owner costs as a share of income, with a mortgage: 19.9%
  • Median owner costs without a mortgage: $468/mo
  • Median home value divided by median household income: 1.5

How it compares

Swipe the table sideways to see more columns.

AreaHouseholds paying 30%+ for housingRenters 30%+Owners 30%+Median rent as % of income
Clarkfield, MN20.0%45.1%13.8%27.8%
Yellow Medicine County19.7%29.7%18.1%22.2%
Minnesota27.1%48.1%19.4%29.2%
United States32.2%51.1%22.7%30.6%

Frequently asked questions

What is the housing cost burden in Clarkfield, MN?
In Clarkfield, MN, 20.0% of households spend 30% or more of their income on housing costs.
How does Clarkfield compare with Minnesota?
The households paying 30%+ for housing in Clarkfield is 20.0%, compared with 27.1% for Minnesota as a whole.

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