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ZipNumbers

Minnesota · Census place 39428

Mahtomedi city, MN

Quick answer

Mahtomedi city has 8,108 residents, ranking #119 of 914 places in Minnesota. Median household income is $132,326, the median home is worth $466,100 and median gross rent runs $1,608 a month.

Population
8,108Mahtomedi city residents
Median household income
$132,326Past 12 months, inflation adjusted
Median home value
$466,100Owner-occupied units
Median gross rent
$1,608Rent plus utilities, monthly
Median age
43.3 yrsAll residents
Homeownership rate
83.2%Owner-occupied households

What the numbers mean in Mahtomedi city

Housing cost measured against local earnings.

A household earning the Mahtomedi city median would spend about 14.6% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.9% of residents and 83.2% 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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