How many renters in Norwood Young America, MN pay more than 30% of their income on rent?
53.6% (±25.2 points) of renting households in Norwood Young America, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
53.6% spend 35% or more.
The median renting household spends 36.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 53.6% (±25.2 points)
- Paying 35% or more
- 53.6% (±24.3 points)
- Median share of income
- 36.7% (±22.0 points)
Rent as a share of income in Norwood Young America
| Share of income spent on rent | Norwood Young America | Carver County | Minnesota | United States |
|---|---|---|---|---|
| Less than 15% | 0.0% (±6.6 points) | 12.0% | 12.9% | 12.6% |
| 15% to 19.9% | 35.5% (±23.8 points) | 17.5% | 12.9% | 12.2% |
| 20% to 24.9% | 5.5% (±7.9 points) | 17.4% | 13.9% | 12.6% |
| 25% to 29.9% | 5.5% (±8.8 points) | 10.2% | 12.1% | 11.5% |
| 30% to 34.9% | 0.0% (±6.6 points) | 11.5% | 9.7% | 9.2% |
| 35% or more | 53.6% (±24.3 points) | 31.5% | 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.
Norwood Young America against Carver County, its state and the nation
| Norwood Young America | Carver County | Minnesota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 53.6% (±25.2 points) | 43.0% (±4.8 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 53.6% (±24.3 points) | 31.5% (±3.8 points) | 38.4% (±0.5 points) | 41.9% |
| Median share of income | 36.7% (±22.0 points) | 26.5% (±2.1 points) | 29.2% (±0.3 points) | 30.6% |
| Median renter household income | $37,778 (±$24,244) | $68,811 (±$2,884) | $51,080 (±$531) | $52,966 |
| Median gross rent | $1,073 (±$200) | $1,514 (±$76) | $1,280 (±$7) | $1,413 |
In Norwood Young America, the share of renters paying 30% or more of income is not measurably different from Carver County (43.0%).
It is not measurably different from Minnesota (48.1%).
It is not measurably different from the national figure (51.1%).
In Carver County, Norwood Young America ranks 6 of 21 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 588 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 Norwood Young America
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Norwood Young America | — | 53.6% (±25.2 points) | — |
| Young America Township | 2.0 mi | 0.0% (±141.4 points) | Not measurably different |
| Hamburg | 3.5 mi | 17.5% (±22.2 points) | Lower |
| Benton Township | 4.1 mi | 50.0% (±111.8 points) | Not measurably different |
| Camden Township | 5.4 mi | 27.3% (±80.8 points) | Not measurably different |
| Plato | 6.0 mi | 0.0% (±141.4 points) | Not measurably different |
| Cologne | 6.1 mi | 70.4% (±39.0 points) | Not measurably different |
| Hancock Township | 6.3 mi | 83.4% (±78.4 points) | Not measurably different |
| Waconia Township | 7.3 mi | 32.3% (±76.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Hamburg, MN (17.5%).
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 Carver County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Carver | 84.2% (±43.1 points) |
| 2 | Hancock Township | 83.4% (±78.4 points) |
| 3 | Cologne | 70.4% (±39.0 points) |
| 4 | Laketown Township | 64.7% (±59.4 points) |
| 5 | Mayer | 54.5% (±51.8 points) |
| 6 | Norwood Young America | 53.6% (±25.2 points) |
| 7 | Benton Township | 50.0% (±111.8 points) |
| 8 | Chanhassen | 48.4% (±11.5 points) |
| 9 | Waconia | 44.2% (±12.5 points) |
| 10 | Chaska | 41.9% (±8.4 points) |
| 11 | New Germany | 41.7% (±63.8 points) |
| 12 | Dahlgren Township | 40.9% (±65.2 points) |
Showing 12 of 21 places in Carver 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 Norwood Young America
Are renters in Norwood Young America rent-burdened?
53.6% of renting households in Norwood Young America 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 Norwood Young America spend on rent?
The median renting household in Norwood Young America, MN spends 36.7% (±22.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Norwood Young America city, Minnesota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Norwood Young America city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Norwood Young America 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 Norwood Young America city, Minnesota (place:47520, 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
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- Population growth in Norwood Young America
- How long people stay in Norwood Young America
- Minnesota landlord and tenant rules
- Housing across Carver County
- Minnesota places ranked by rent burden
- Housing data for every place in Minnesota