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Big Lake, MN
Full City Profile · Minnesota · Carlton County County
3.5
/5.0
B+
Good
12,115
Population
5,715/sq mi density
$113,333
Median Income
$40,849 per capita
$291,700
Home Value
$364,916 Zillow
$1,417
Median Rent
9.0% income on rent
40°F
Avg Temperature
249 sunny days/yr
45
Violent Crime/100K
490 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$113,333 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$291,700 home value, $1,417/mo rent
F
Safety
1.0 / 5.0
45 violent crimes/100K
B
Education
3.2 / 5.0
26.9% bachelor's degree or higher
Housing Overview
Median Home Value
$291,700
3% above
US avg: $281,900
Median Rent
$1,417/mo
22% above
US avg: $1,163/mo
Homeownership Rate
86.6%
32% above US avg (65.4%)
Total Housing Units
222
Median year built: 1978
Home Value by Source
Census Median
$291,700
Zillow (ZHVI)
$364,916
Median Sale Price
$340,000
Median List Price
$304,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.6%
Owner-Occupied
13.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,417/mo
· Zillow rent:
$1,605/mo
Market Indicators (Redfin)
Median Days on Market
27 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
12.0%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
25
homes for sale
Affordability & Housing Stock
Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
86.6%
Complete Housing Data
Home Values
| Census Median Value | $291,700 |
| Zillow Home Value (ZHVI) | $364,916 |
| Median Sale Price | $340,000 |
| Median List Price | $304,000 |
| Price Per Sq Ft | $167 |
Rent
| Census Median Rent | $1,417 |
| Zillow Rent (ZORI) | $1,605 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 27 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.0% |
| Homes Sold | 5 |
| Active Inventory | 25 |
| Price Per Sq Ft | $167 |
Ownership & Stock
| Owner-Occupied | 86.6% |
| Renter-Occupied | 13.4% |
| Homeownership Rate | 86.6% |
| Total Housing Units | 222 |
| Median Year Built | 1978 |
| Rent Burden | 9.0% |