How many renters in Cold Spring, MN pay more than 30% of their income on rent?

57.1% (±18.6 points) of renting households in Cold Spring, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

54.3% spend 35% or more.

The median renting household spends 37.4% of its income on rent.

Figures last updated on .

Paying 30% or more
57.1% (±18.6 points)
Paying 35% or more
54.3% (±18.1 points)
Median share of income
37.4% (±11.4 points)

Rent as a share of income in Cold Spring

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentCold SpringStearns CountyMinnesotaUnited States
Less than 15%9.8% (±7.5 points)13.9%12.9%12.6%
15% to 19.9%4.1% (±5.5 points)10.7%12.9%12.2%
20% to 24.9%4.0% (±6.0 points)12.6%13.9%12.6%
25% to 29.9%25.0% (±18.2 points)13.0%12.1%11.5%
30% to 34.9%2.8% (±4.3 points)6.6%9.7%9.2%
35% or more54.3% (±18.1 points)43.3%38.4%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Cold Spring against Stearns County, its state and the nation

Estimate (90% margin of error)
Cold SpringStearns CountyMinnesotaUnited States
Paying 30% or more57.1% (±18.6 points)49.9% (±3.5 points)48.1% (±0.6 points)51.1%
Paying 35% or more54.3% (±18.1 points)43.3% (±3.2 points)38.4% (±0.5 points)41.9%
Median share of income37.4% (±11.4 points)29.9% (±2.1 points)29.2% (±0.3 points)30.6%
Median renter household income$43,503 (±$12,938)$42,826 (±$2,417)$51,080 (±$531)$52,966
Median gross rent$1,424 (±$316)$1,068 (±$42)$1,280 (±$7)$1,413

In Cold Spring, the share of renters paying 30% or more of income is not measurably different from Stearns County (49.9%).

It is not measurably different from Minnesota (48.1%).

It is not measurably different from the national figure (51.1%).

In Stearns County, Cold Spring ranks 13 of 60 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 510 of 2,184.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Cold Spring

Nearest places with a published estimate, compared with Cold Spring
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Cold Spring—57.1% (±18.6 points)—
Wakefield Township1.7 mi57.1% (±75.9 points)Not measurably different
Richmond4.1 mi34.7% (±35.9 points)Not measurably different
Rockville5.3 mi30.1% (±36.1 points)Not measurably different
Collegeville Township6.4 mi54.0% (±33.9 points)Not measurably different
Luxemburg Township6.4 mi0.0% (±116.4 points)Not measurably different
St. Joseph Township (Stearns County)7.2 mi72.7% (±34.5 points)Not measurably different
Munson Township7.4 mi0.0% (±49.2 points)Lower
Farming Township9.3 mi50.0% (±34.9 points)Not measurably different

Nearby places with a measurably lower figure: Munson Township, MN (0.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Stearns County, place by place

RankPlaceRenters paying 30% or more of income
7St. Augusta63.1% (±48.0 points)
8 (tie)Lynden Township62.5% (±100.3 points)
8 (tie)St. Martin Township62.5% (±56.0 points)
10St. Joseph61.2% (±22.6 points)
11Melrose Township61.1% (±78.2 points)
12Waite Park59.4% (±11.5 points)
13 (tie)Cold Spring57.1% (±18.6 points)
13 (tie)Wakefield Township57.1% (±75.9 points)
15Le Sauk Township54.8% (±53.5 points)
16Sartell54.6% (±10.7 points)
17Collegeville Township54.0% (±33.9 points)
18Crow Lake Township53.3% (±79.4 points)
19Melrose52.8% (±19.0 points)

Showing 13 of 60 places in Stearns County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Cold Spring

Are renters in Cold Spring rent-burdened?

57.1% of renting households in Cold Spring pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Cold Spring spend on rent?

The median renting household in Cold Spring, MN spends 37.4% (±11.4 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cold Spring city, Minnesota (place:12484, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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