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ZipNumbers

Minnesota · Census place 31706

Janesville city, MN

Quick answer

Janesville city has 2,449 residents, ranking #237 of 914 places in Minnesota. Median household income is $72,120, the median home is worth $194,400 and median gross rent runs $839 a month.

Population
2,449Janesville city residents
Median household income
$72,120Past 12 months, inflation adjusted
Median home value
$194,400Owner-occupied units
Median gross rent
$839Rent plus utilities, monthly
Median age
37.6 yrsAll residents
Homeownership rate
84.3%Owner-occupied households

What the numbers mean in Janesville city

Housing cost measured against local earnings.

A household earning the Janesville city median would spend about 14% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.2% of residents and 84.3% 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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