How many renters in Waterville, MN pay more than 30% of their income on rent?
42.9% (±15.2 points) of renting households in Waterville, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
38.7% spend 35% or more.
The median renting household spends 27.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 42.9% (±15.2 points)
- Paying 35% or more
- 38.7% (±14.7 points)
- Median share of income
- 27.2% (±8.0 points)
Rent as a share of income in Waterville
| Share of income spent on rent | Waterville | Le Sueur County | Minnesota | United States |
|---|---|---|---|---|
| Less than 15% | 25.1% (±12.6 points) | 15.9% | 12.9% | 12.6% |
| 15% to 19.9% | 7.9% (±8.6 points) | 16.1% | 12.9% | 12.2% |
| 20% to 24.9% | 11.5% (±10.4 points) | 12.7% | 13.9% | 12.6% |
| 25% to 29.9% | 12.6% (±9.9 points) | 10.5% | 12.1% | 11.5% |
| 30% to 34.9% | 4.2% (±3.7 points) | 15.0% | 9.7% | 9.2% |
| 35% or more | 38.7% (±14.7 points) | 29.9% | 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.
Waterville against Le Sueur County, its state and the nation
| Waterville | Le Sueur County | Minnesota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 42.9% (±15.2 points) | 44.9% (±8.9 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 38.7% (±14.7 points) | 29.9% (±6.0 points) | 38.4% (±0.5 points) | 41.9% |
| Median share of income | 27.2% (±8.0 points) | 27.6% (±3.6 points) | 29.2% (±0.3 points) | 30.6% |
| Median renter household income | $40,536 (±$23,260) | $44,225 (±$4,928) | $51,080 (±$531) | $52,966 |
| Median gross rent | $884 (±$69) | $942 (±$58) | $1,280 (±$7) | $1,413 |
In Waterville, the share of renters paying 30% or more of income is not measurably different from Le Sueur County (44.9%).
It is not measurably different from Minnesota (48.1%).
It is not measurably different from the national figure (51.1%).
In Le Sueur County, Waterville ranks 7 of 20 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 865 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 Waterville
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Waterville | — | 42.9% (±15.2 points) | — |
| Waterville Township | 2.5 mi | 80.0% (±68.2 points) | Not measurably different |
| Morristown Township | 5.3 mi | 0.0% (±64.8 points) | Not measurably different |
| Iosco Township | 5.4 mi | 100.0% (±141.4 points) | Not measurably different |
| Elysian | 5.5 mi | 33.3% (±48.8 points) | Not measurably different |
| Morristown | 6.3 mi | 26.4% (±18.9 points) | Not measurably different |
| Blooming Grove Township | 7.2 mi | 16.7% (±75.0 points) | Not measurably different |
| Elysian Township | 7.4 mi | 0.0% (±78.1 points) | Not measurably different |
| Janesville Township | 7.5 mi | 0.0% (±131.9 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
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 Le Sueur County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Sharon Township | 100.0% (±141.4 points) |
| 2 | Waterville Township | 80.0% (±68.2 points) |
| 3 | Le Sueur | 76.5% (±18.2 points) |
| 4 | Lanesburgh Township | 75.0% (±57.7 points) |
| 5 | Cleveland | 55.5% (±50.6 points) |
| 6 | Montgomery | 48.8% (±24.3 points) |
| 7 | Waterville | 42.9% (±15.2 points) |
| 8 | Lexington Township | 41.7% (±80.7 points) |
| 9 | Le Center | 39.8% (±18.7 points) |
| 10 (tie) | Elysian | 33.3% (±48.8 points) |
| 10 (tie) | Tyrone Township | 33.3% (±106.7 points) |
| 12 | Montgomery Township | 18.2% (±82.3 points) |
| 13 | Cordova Township | 10.0% (±82.4 points) |
Showing 13 of 20 places in Le Sueur 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 Waterville
Are renters in Waterville rent-burdened?
42.9% of renting households in Waterville 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 Waterville spend on rent?
The median renting household in Waterville, MN spends 27.2% (±8.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waterville city, Minnesota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Waterville city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waterville 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 Waterville city, Minnesota (place:68584, 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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- Renters and owners in Waterville
- Income and affordability in Waterville
- Home values in Waterville
- Homeowner costs in Waterville
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- Types of homes in Waterville
- Bedrooms in Waterville
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- Population growth in Waterville
- How long people stay in Waterville
- Minnesota landlord and tenant rules
- Housing across Le Sueur County
- Minnesota places ranked by rent burden
- Housing data for every place in Minnesota