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ZipNumbers

Minnesota · Census place 58738

Savage city, MN

Quick answer

Savage city has 32,706 residents, ranking #31 of 914 places in Minnesota. Median household income is $122,646, the median home is worth $395,600 and median gross rent runs $1,608 a month.

Population
32,706Savage city residents
Median household income
$122,646Past 12 months, inflation adjusted
Median home value
$395,600Owner-occupied units
Median gross rent
$1,608Rent plus utilities, monthly
Median age
37.4 yrsAll residents
Homeownership rate
84.3%Owner-occupied households

What the numbers mean in Savage city

Housing cost measured against local earnings.

A household earning the Savage city median would spend about 15.7% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.8% 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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