MyNeighborhood

Can you afford to live in Anoka?

Median household income, home values and rent in Anoka, MN — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Anoka.

Median household income: $112,060 — +29.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,780/mo — +35.8% since 2015

Median home value, 2015 to 2023

  • 2015: 203200
  • 2023: 345000

Median household income

  • Anoka: 112060
  • Anoka County: 98764
  • MN: 87556
  • U.S.: 78538

Median gross rent

  • Anoka: 1780
  • Anoka County: 1396
  • MN: 1235
  • U.S.: 1348

Share of income a typical renter spends on rent: 27.0% — U.S.: 30.2%

What it means

The typical household here earns $112,060 — far higher than the national figure of $78,538.

The typical renter here spends 27.0% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+35.8% versus +29.1%), before adjusting for inflation.

Sources

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