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Proctor, MN
Full City Profile · Minnesota · Carlton County County
3.5
/5.0
B+
Good
3,102
Population
923/sq mi density
$80,913
Median Income
$35,957 per capita
$219,500
Home Value
$245,032 Zillow
$1,040
Median Rent
35.4% income on rent
40°F
Avg Temperature
249 sunny days/yr
165
Violent Crime/100K
2,995 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$80,913 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$219,500 home value, $1,040/mo rent
F
Safety
1.0 / 5.0
165 violent crimes/100K
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher
Housing Overview
Median Home Value
$219,500
22% below
US avg: $281,900
Median Rent
$1,040/mo
11% below
US avg: $1,163/mo
Homeownership Rate
72.3%
11% above US avg (65.4%)
Total Housing Units
1,367
Median year built: 1965
Home Value by Source
Census Median
$219,500
Zillow (ZHVI)
$245,032
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.3%
Owner-Occupied
27.7%
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:
$1,040/mo
Affordability & Housing Stock
Rent Burden
35.4%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
72.3%
Complete Housing Data
Home Values
| Census Median Value | $219,500 |
| Zillow Home Value (ZHVI) | $245,032 |
Rent
| Census Median Rent | $1,040 |
| 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 | 72.3% |
| Renter-Occupied | 27.7% |
| Homeownership Rate | 72.3% |
| Total Housing Units | 1,367 |
| Median Year Built | 1965 |
| Rent Burden | 35.4% |