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

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentMoundHennepin CountyMinnesotaUnited 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 more25.9% (±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

Estimate (90% margin of error)
MoundHennepin CountyMinnesotaUnited States
Paying 30% or more30.4% (±14.8 points)47.5% (±1.1 points)48.1% (±0.6 points)51.1%
Paying 35% or more25.9% (±13.8 points)38.2% (±0.9 points)38.4% (±0.5 points)41.9%
Median share of income24.7% (±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

Nearest places with a published estimate, compared with Mound
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Mound—30.4% (±14.8 points)—
Spring Park1.4 mi64.2% (±22.2 points)Higher
Minnetrista2.7 mi35.0% (±51.6 points)Not measurably different
Village of Minnetonka Beach3.5 mi100.0% (±141.4 points)Not measurably different
Shorewood3.7 mi58.7% (±24.0 points)Higher
Tonka Bay3.8 mi31.7% (±27.0 points)Not measurably different
Orono4.0 mi66.6% (±22.9 points)Higher
St. Bonifacius4.8 mi40.9% (±32.9 points)Not measurably different
Victoria4.8 mi16.9% (±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

RankPlaceRenters paying 30% or more of income
33Eden Prairie42.2% (±5.7 points)
34St. Bonifacius40.9% (±32.9 points)
35St. Louis Park39.8% (±4.1 points)
36Excelsior39.7% (±15.7 points)
37Minnetrista35.0% (±51.6 points)
38Tonka Bay31.7% (±27.0 points)
39Mound30.4% (±14.8 points)
40Medicine Lake18.2% (±14.5 points)
41Loretto10.8% (±17.4 points)
42Dayton0.0% (±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

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.

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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