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Housing Affordability in Echo, 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
- 27.6%
- Minnesota 27.1%
- Renters paying 30%+
- 70.0%
- Minnesota 48.1%
- Homeowners paying 30%+
- 22.7%
- Minnesota 19.4%
- Owner costs with a mortgage
- $1,250/mo
- Minnesota $1,947/mo
Echo 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 more770.0%
- Homeowners paying 30% or more2022.7%
- Renters paying 50% or more00.0%
- Median rent as a share of income: 31.7%
- Median owner costs as a share of income, with a mortgage: 16.7%
- Median owner costs without a mortgage: $492/mo
- Median home value divided by median household income: 1.5
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Echo, MN | 27.6% | 70.0% | 22.7% | 31.7% |
| Yellow Medicine County | 19.7% | 29.7% | 18.1% | 22.2% |
| 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 Echo, MN?
- In Echo, MN, 27.6% of households spend 30% or more of their income on housing costs.
- How does Echo compare with Minnesota?
- The households paying 30%+ for housing in Echo is 27.6%, compared with 27.1% for Minnesota as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates