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Kanabec County Housing Market

Minnesota · 87 counties · Ranked #2136 in home value

Below National Avg

Housing at a Glance

Median Home Value

$221,100

vs national$221,100 vs $281,900 national

Median Gross Rent

$1,003/mo

vs national$1,003 vs $1,163 national

Effective Tax Rate

1.11%

vs national+1.11% vs 1.02% national

Median Household Income

$71,915

vs national$71,915 vs $74,755 national

Affordability Ratio

3.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

25.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,463

Tax as % of Home Value

1.11%

Monthly Owner Cost

$1,143

Renter Income

$40,690

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Frequently Asked Questions

What is the median home value in Kanabec County?

The median home value in Kanabec County is $221,100. This is below the national median of $281,900.

How much is rent in Kanabec County?

The median gross rent in Kanabec County is $1,003 per month.

What is the property tax rate in Kanabec County?

The effective property tax rate in Kanabec County is 1.11%. The median annual property tax bill is $2,463.

Is Kanabec County affordable?

With a home-value-to-income ratio of 3.1x, Kanabec County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.