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Housing Affordability in Dakota 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
- 25.8%
- Minnesota 27.1%
- Renters paying 30%+
- 49.8%
- Minnesota 48.1%
- Homeowners paying 30%+
- 18.1%
- Minnesota 19.4%
- Owner costs with a mortgage
- $2,129/mo
- Minnesota $1,947/mo
Housing costs compared with income
- Renters paying 30% or more20,98249.8%
- Homeowners paying 30% or more23,55918.1%
- Renters paying 50% or more10,15424.1%
- Median rent as a share of income: 29.9%
- Median owner costs as a share of income, with a mortgage: 19.4%
- Median owner costs without a mortgage: $758/mo
- Median home value divided by median household income: 3.6
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Dakota County, MN | 25.8% | 49.8% | 18.1% | 29.9% |
| Minnesota | 27.1% | 48.1% | 19.4% | 29.2% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Cities and towns in Dakota County
Places with 1,000 or more people
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| City | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Lakeville | 20.4% | 56.7% | 15.7% | 32.9% |
| Eagan | 24.8% | 44.0% | 16.1% | 27.2% |
| Burnsville | 32.0% | 49.9% | 22.4% | 30.0% |
| Apple Valley | 27.6% | 52.2% | 18.8% | 31.2% |
| Inver Grove Heights | 26.1% | 52.4% | 18.4% | 31.1% |
| Rosemount | 18.9% | 45.1% | 15.4% | 28.3% |
| Farmington | 20.5% | 50.0% | 16.1% | 30.1% |
| Hastings | 24.4% | 42.8% | 18.7% | 25.7% |
| West St. Paul | 38.3% | 58.7% | 23.6% | 34.5% |
| South St. Paul | 28.4% | 48.3% | 20.1% | 29.0% |
| Mendota Heights | 22.1% | 41.0% | 17.4% | 27.5% |
| Empire | 15.8% | 24.1% | 15.3% | 26.1% |
Frequently asked questions
- What is the housing cost burden in Dakota County, MN?
- In Dakota County, MN, 25.8% of households spend 30% or more of their income on housing costs.
- How does Dakota County compare with Minnesota?
- The households paying 30%+ for housing in Dakota County is 25.8%, compared with 27.1% for Minnesota as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates