All Countries
Hermantown, MN
Full City Profile · Minnesota · Carlton County County
3.6
/5.0
B+
Good
10,192
Population
297/sq mi density
$92,026
Median Income
$51,169 per capita
$374,000
Home Value
$408,683 Zillow
$1,375
Median Rent
35.3% income on rent
40°F
Avg Temperature
249 sunny days/yr
92
Violent Crime/100K
6,325 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$92,026 median income, 1.1% unemployment
A
Affordability
4.4 / 5.0
$374,000 home value, $1,375/mo rent
F
Safety
1.0 / 5.0
92 violent crimes/100K
A
Education
4.2 / 5.0
39.8% bachelor's degree or higher
Housing Overview
Median Home Value
$374,000
33% above
US avg: $281,900
Median Rent
$1,375/mo
18% above
US avg: $1,163/mo
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
3,894
Median year built: 1992
Home Value by Source
Census Median
$374,000
Zillow (ZHVI)
$408,683
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.0%
Owner-Occupied
25.0%
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:
$1,375/mo
Affordability & Housing Stock
Rent Burden
35.3%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
75.0%
Complete Housing Data
Home Values
| Census Median Value | $374,000 |
| Zillow Home Value (ZHVI) | $408,683 |
Rent
| Census Median Rent | $1,375 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 75.0% |
| Renter-Occupied | 25.0% |
| Homeownership Rate | 75.0% |
| Total Housing Units | 3,894 |
| Median Year Built | 1992 |
| Rent Burden | 35.3% |