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ZipNumbers

Minnesota · Census place 09604

Canby city, MN

Quick answer

Canby city has 1,563 residents, ranking #297 of 914 places in Minnesota. Median household income is $58,839, the median home is worth $131,800 and median gross rent runs $600 a month.

Population
1,563Canby city residents
Median household income
$58,839Past 12 months, inflation adjusted
Median home value
$131,800Owner-occupied units
Median gross rent
$600Rent plus utilities, monthly
Median age
40.5 yrsAll residents
Homeownership rate
82.7%Owner-occupied households

What the numbers mean in Canby city

Housing cost measured against local earnings.

A household earning the Canby city median would spend about 12.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12% of residents and 82.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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