What percentage of people rent in Cold Spring, MN?
33.5% (±7.7 points) of the occupied homes in Cold Spring, MN are rented (2020–2024 American Community Survey).
That is 621 renting households against 1,234 that own their home.
In Cold Spring, the share of households that rent went from 22.7% in 2015–2019 to 33.5% in 2020–2024 (+10.8 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 33.5% (±7.7 points)
- Renting households
- 621 (±169)
- Median renter income
- $43,503 (±$12,938)
Who rents and who owns in Cold Spring
| Cold Spring | Stearns County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 33.5% (±7.7 points) | 32.1% (±1.1 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 621 (±169) | 19,740 (±764) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 1,234 (±129) | 41,663 (±663) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.6 (±0.4) | 2.2 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.7 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $43,503 (±$12,938) | $42,826 (±$2,417) | $51,080 (±$531) | $52,966 |
| Median owner household income | $97,083 (±$23,376) | $96,893 (±$2,055) | $108,214 (±$476) | $100,009 |
In Cold Spring, the renter share is not measurably different from Stearns County (32.1%).
It is not measurably different from Minnesota (27.8%).
It is not measurably different from the national figure (34.8%).
In Stearns County, Cold Spring ranks 9 of 63 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 191 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cold Spring has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 22.7% (±6.2 points) | 33.5% (±7.7 points) | +10.8 percentage points | Measurable increase |
| Median gross rent | $942 (±$114) | $1,424 (±$316) | +51.2% | No measurable change after inflation |
| Median household income | $61,548 (±$8,282) | $72,228 (±$19,414) | +17.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Cold Spring
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cold Spring | — | 33.5% (±7.7 points) | — |
| Wakefield Township | 1.7 mi | 2.9% (±2.1 points) | Lower |
| Richmond | 4.1 mi | 13.8% (±5.3 points) | Lower |
| Rockville | 5.3 mi | 10.0% (±5.2 points) | Lower |
| Collegeville Township | 6.4 mi | 7.6% (±3.3 points) | Lower |
| Luxemburg Township | 6.4 mi | 6.0% (±5.3 points) | Lower |
| St. Joseph Township (Stearns County) | 7.2 mi | 6.2% (±3.1 points) | Lower |
| Munson Township | 7.4 mi | 9.3% (±10.2 points) | Lower |
| St. John's University | 8.6 mi | 0.0% (±78.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Wakefield Township, MN (2.9%), Richmond, MN (13.8%), Rockville, MN (10.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Stearns County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 3 | Sauk Centre | 44.0% (±8.1 points) |
| 4 | Sartell | 38.2% (±3.9 points) |
| 5 | Meire Grove | 38.0% (±13.7 points) |
| 6 | Kimball | 36.9% (±8.6 points) |
| 7 | St. Joseph | 36.0% (±7.5 points) |
| 8 | Belgrade | 33.9% (±6.3 points) |
| 9 | Cold Spring | 33.5% (±7.7 points) |
| 10 | Albany | 33.2% (±6.4 points) |
| 11 | Paynesville | 31.4% (±8.0 points) |
| 12 | Brooten | 26.6% (±6.8 points) |
| 13 | Melrose | 26.3% (±6.5 points) |
| 14 | Roscoe | 22.5% (±19.3 points) |
| 15 | St. Martin | 21.3% (±10.6 points) |
Showing 13 of 63 places in Stearns County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cold Spring
How many renters are there in Cold Spring?
Cold Spring has an estimated 621 (±169) renting households, 33.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cold Spring?
In Cold Spring, the share of households that rent went from 22.7% in 2015–2019 to 33.5% in 2020–2024 (+10.8 percentage points), a measurable increase.
How big are renting households in Cold Spring?
A renting household in Cold Spring has 1.6 people on average, against 2.6 in an owned home.
How much do renters earn in Cold Spring?
The median renting household in Cold Spring, MN has an income of $43,503 (±$12,938) a year, against $97,083 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cold Spring city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cold Spring city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cold Spring city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cold Spring city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cold Spring city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
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- Population growth in Cold Spring
- How long people stay in Cold Spring
- Crowding and facilities in Cold Spring
- Minnesota landlord and tenant rules
- Housing across Stearns County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota