How many renters in Mound, MN pay more than 30% of their income on rent?
30.4% (±14.8 points) of renting households in Mound, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
25.9% spend 35% or more.
The median renting household spends 24.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 30.4% (±14.8 points)
- Paying 35% or more
- 25.9% (±13.8 points)
- Median share of income
- 24.7% (±2.6 points)
Rent as a share of income in Mound
| Share of income spent on rent | Mound | Hennepin County | Minnesota | United States |
|---|---|---|---|---|
| Less than 15% | 11.4% (±6.7 points) | 11.8% | 12.9% | 12.6% |
| 15% to 19.9% | 5.2% (±4.9 points) | 13.3% | 12.9% | 12.2% |
| 20% to 24.9% | 35.9% (±16.9 points) | 14.6% | 13.9% | 12.6% |
| 25% to 29.9% | 17.1% (±17.4 points) | 12.8% | 12.1% | 11.5% |
| 30% to 34.9% | 4.5% (±5.3 points) | 9.3% | 9.7% | 9.2% |
| 35% or more | 25.9% (±13.8 points) | 38.2% | 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.
Mound against Hennepin County, its state and the nation
| Mound | Hennepin County | Minnesota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 30.4% (±14.8 points) | 47.5% (±1.1 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 25.9% (±13.8 points) | 38.2% (±0.9 points) | 38.4% (±0.5 points) | 41.9% |
| Median share of income | 24.7% (±2.6 points) | 29.0% (±0.4 points) | 29.2% (±0.3 points) | 30.6% |
| Median renter household income | $31,827 (±$24,907) | $59,890 (±$1,200) | $51,080 (±$531) | $52,966 |
| Median gross rent | $1,098 (±$291) | $1,487 (±$14) | $1,280 (±$7) | $1,413 |
In Mound, the share of renters paying 30% or more of income is lower than in Hennepin County (47.5%).
It is also lower than in Minnesota (48.1%).
It is lower than the national figure (51.1%).
In Hennepin County, Mound ranks 39 of 42 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 1162 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 Mound
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Mound | — | 30.4% (±14.8 points) | — |
| Spring Park | 1.4 mi | 64.2% (±22.2 points) | Higher |
| Minnetrista | 2.7 mi | 35.0% (±51.6 points) | Not measurably different |
| Village of Minnetonka Beach | 3.5 mi | 100.0% (±141.4 points) | Not measurably different |
| Shorewood | 3.7 mi | 58.7% (±24.0 points) | Higher |
| Tonka Bay | 3.8 mi | 31.7% (±27.0 points) | Not measurably different |
| Orono | 4.0 mi | 66.6% (±22.9 points) | Higher |
| St. Bonifacius | 4.8 mi | 40.9% (±32.9 points) | Not measurably different |
| Victoria | 4.8 mi | 16.9% (±19.9 points) | Not measurably different |
Nearby places with a measurably higher figure: Spring Park, MN (64.2%), Shorewood, MN (58.7%), Orono, MN (66.6%).
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 Hennepin County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 33 | Eden Prairie | 42.2% (±5.7 points) |
| 34 | St. Bonifacius | 40.9% (±32.9 points) |
| 35 | St. Louis Park | 39.8% (±4.1 points) |
| 36 | Excelsior | 39.7% (±15.7 points) |
| 37 | Minnetrista | 35.0% (±51.6 points) |
| 38 | Tonka Bay | 31.7% (±27.0 points) |
| 39 | Mound | 30.4% (±14.8 points) |
| 40 | Medicine Lake | 18.2% (±14.5 points) |
| 41 | Loretto | 10.8% (±17.4 points) |
| 42 | Dayton | 0.0% (±16.8 points) |
Showing 10 of 42 places in Hennepin 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 Mound
Are renters in Mound rent-burdened?
30.4% of renting households in Mound 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 Mound spend on rent?
The median renting household in Mound, MN spends 24.7% (±2.6 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mound city, Minnesota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Mound city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mound city, Minnesota
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 Mound city, Minnesota (place:44476, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free 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 .
Related
- Housing in Mound at a glance
- Median rent in Mound
- Rent by bedrooms in Mound
- Renters and owners in Mound
- Income and affordability in Mound
- Home values in Mound
- Homeowner costs in Mound
- Property taxes in Mound
- Types of homes in Mound
- Bedrooms in Mound
- Age of homes in Mound
- Heating fuel in Mound
- Commute and cars in Mound
- Population growth in Mound
- How long people stay in Mound
- Crowding and facilities in Mound
- Minnesota landlord and tenant rules
- Housing across Hennepin County
- Minnesota places ranked by rent burden
- Housing data for every place in Minnesota