Cost of Living in Red Lake County, MN

What does it cost to live in Red Lake County? Income, housing, and affordability breakdown.

Median Income

$73,889

Median Rent

$631/mo

Median Home

$150,700

Affordability

662

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$762
Property Tax$118
Insurance$50

Total Monthly$930
% of Income15.1%

Renting

Median Rent$631
Renter's Insurance$25

Total Monthly$656
% of Income10.2%

Living in Red Lake County, Minnesota

Red Lake County has a median household income of $73,889 with housing costs that represent 15.1% of income for owners and 10.2% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 662 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Minnesota

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.