What percentage of people rent in Mound, MN?
25.0% (±6.4 points) of the occupied homes in Mound, MN are rented (2020–2024 American Community Survey).
That is 1,133 renting households against 3,408 that own their home.
In Mound, the share of households that rent went from 28.0% in 2015–2019 to 25.0% in 2020–2024 (−3.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 25.0% (±6.4 points)
- Renting households
- 1,133 (±330)
- Median renter income
- $31,827 (±$24,907)
Who rents and who owns in Mound
| Mound | Hennepin County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 25.0% (±6.4 points) | 37.3% (±0.4 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 1,133 (±330) | 201,230 (±2,434) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 3,408 (±276) | 338,263 (±2,240) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.6 (±0.3) | 2.0 (±0.0) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.1) | 2.5 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $31,827 (±$24,907) | $59,890 (±$1,200) | $51,080 (±$531) | $52,966 |
| Median owner household income | $102,083 (±$15,837) | $130,886 (±$1,463) | $108,214 (±$476) | $100,009 |
In Mound, the renter share is lower than in Hennepin County (37.3%).
It is not measurably different from Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Hennepin County, Mound ranks 20 of 42 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 402 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Mound has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 28.0% (±4.9 points) | 25.0% (±6.4 points) | −3.0 percentage points | Not a measurable change |
| Median gross rent | $1,040 (±$131) | $1,098 (±$291) | +5.6% | No measurable change after inflation |
| Median household income | $92,964 (±$8,837) | $86,675 (±$16,456) | −6.8% | Down 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 Mound
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Mound | — | 25.0% (±6.4 points) | — |
| Spring Park | 1.4 mi | 75.1% (±7.8 points) | Higher |
| Minnetrista | 2.7 mi | 2.2% (±1.7 points) | Lower |
| Village of Minnetonka Beach | 3.5 mi | 3.3% (±3.6 points) | Lower |
| Shorewood | 3.7 mi | 6.8% (±2.4 points) | Lower |
| Tonka Bay | 3.8 mi | 18.6% (±6.9 points) | Not measurably different |
| Orono | 4.0 mi | 9.1% (±3.5 points) | Lower |
| St. Bonifacius | 4.8 mi | 10.7% (±4.1 points) | Lower |
| Victoria | 4.8 mi | 6.4% (±2.9 points) | Lower |
Nearby places with a measurably lower figure: Minnetrista, MN (2.2%), Village of Minnetonka Beach, MN (3.3%), Shorewood, MN (6.8%).
Nearby places with a measurably higher figure: Spring Park, MN (75.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hennepin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 14 | Brooklyn Park | 29.7% (±2.8 points) |
| 15 | Golden Valley | 29.3% (±3.8 points) |
| 16 | Robbinsdale | 29.0% (±3.9 points) |
| 17 | Minnetonka | 28.4% (±1.8 points) |
| 18 | Edina | 27.6% (±2.0 points) |
| 19 | Long Lake | 25.5% (±5.7 points) |
| 20 | Mound | 25.0% (±6.4 points) |
| 21 | Plymouth | 24.9% (±1.7 points) |
| 22 | Eden Prairie | 23.9% (±1.9 points) |
| 23 | Crystal | 23.1% (±2.7 points) |
| 24 | Medicine Lake | 18.8% (±9.3 points) |
| 25 | Tonka Bay | 18.6% (±6.9 points) |
| 26 | Maple Grove | 17.7% (±1.7 points) |
Showing 13 of 42 places in Hennepin 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.
What you can do on Seayora in Mound
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Mound, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Mound beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Mound, and send estimates and invoices from your phone.
Questions about Mound
How many renters are there in Mound?
Mound has an estimated 1,133 (±330) renting households, 25.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Mound?
In Mound, the share of households that rent went from 28.0% in 2015–2019 to 25.0% in 2020–2024 (−3.0 percentage points), not a measurable change.
How big are renting households in Mound?
A renting household in Mound has 1.6 people on average, against 2.1 in an owned home.
How much do renters earn in Mound?
The median renting household in Mound, MN has an income of $31,827 (±$24,907) a year, against $102,083 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mound city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mound city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mound city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mound city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mound 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 Mound city, Minnesota (place:44476, 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
- Housing in Mound at a glance
- Median rent in Mound
- Rent by bedrooms in Mound
- Rent burden 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 share of renters
- Housing data for every place in Minnesota