#22
Minnesota
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State Facts
Minimum Wage
$9.65
Average Renter Wage
$14.84
2-Bedroom Housing Wage
$18.82
Number of Renter Households
609,699
Percent Renters
29%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$9.65/hr
Each week you
have to work
61HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Minnesota | Aitkin County |
|---|---|---|
| Total | 2,135,310 | 7,640 |
| Renter | 609,699 | 1,327 |
| Percent Renters | 29% | 17% |
| Housing Wage | Minnesota | Aitkin County |
|---|---|---|
| Zero-Bedroom | $12.35 | $10.69 |
| One-Bedroom | $14.83 | $10.77 |
| Two-Bedroom | $18.82 | $14.33 |
| Three-Bedroom | $26.26 | $18.31 |
| Four-Bedroom | $30.79 | $22.06 |
| Fair Market Rent | Minnesota | Aitkin County |
|---|---|---|
| Zero-Bedroom | $642 | $556 |
| One-Bedroom | $771 | $560 |
| Two-Bedroom | $979 | $745 |
| Three-Bedroom | $1,365 | $952 |
| Four-Bedroom | $1,601 | $1,147 |
| Annual Income Needed to Afford | Minnesota | Aitkin County |
|---|---|---|
| Zero-Bedroom | $25,688 | $22,240 |
| One-Bedroom | $30,842 | $22,400 |
| Two-Bedroom | $39,141 | $29,800 |
| Three-Bedroom | $54,620 | $38,080 |
| Four-Bedroom | $64,046 | $45,880 |
| Minimum Wage | Minnesota | Aitkin County |
|---|---|---|
| Minimum Wage | $9.65 | $9.65 |
| Rent Affordable at Minimum Wage | $502 | $502 |
| Work Hours/Week at Minimum Wage | Minnesota | Aitkin County |
|---|---|---|
| Zero-Bedroom | 51 | 44 |
| One-Bedroom | 61 | 45 |
| Two-Bedroom | 78 | 59 |
| Three-Bedroom | 109 | 76 |
| Four-Bedroom | 128 | 91 |
| Renter Wage | Minnesota | Aitkin County |
|---|---|---|
| Estimated Mean Renter Wage | $14.84 | $9.17 |
| Rent Affordable at Mean Renter Wage | $772 | $477 |
| Work Hours/Week at Mean Renter Wage | Minnesota | Aitkin County |
|---|---|---|
| Zero-Bedroom | 33 | 47 |
| One-Bedroom | 40 | 47 |
| Two-Bedroom | 51 | 63 |
| Three-Bedroom | 71 | 80 |
| Four-Bedroom | 83 | 96 |
| Supplemental Security Income (SSI) Payment | Minnesota | Aitkin County |
|---|---|---|
| SSI Monthly Payment | $831 | $831 |
| Rent Affordable to SSI Recipient | $249 | $249 |
| Income Levels | Minnesota | Aitkin County |
|---|---|---|
| 30% of Area Median Income (AMI) | $25,418 | $16,860 |
| Estimated Renter Median Household Income | $36,248 | $25,999 |
| Rent Affordable at Different Income Levels | Minnesota | Aitkin County |
|---|---|---|
| 30% of Area Median Income (AMI) | $635 | $422 |
| Estimated Renter Median Household Income | $906 | $650 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
Interested in learning more about how these numbers are calculated? Download a guide on how to use the numbers and where the numbers come from. Or Contact Us for more information.
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