Cost of Living in Burnsville, MN
Population: 64,295 • 2026 Data
$83,953
Median Household Income
+8% vs national
$1,501
Median Monthly Rent
+11% vs national
$335,100
Median Home Value
-1% vs national
4.7%
Unemployment Rate
Housing in Burnsville
The median home value in Burnsville, MN is $335,100. Monthly rent for a typical unit averages $1,501, while total monthly housing costs (including utilities and insurance) average $1,545.
Rent-to-income ratio: 21.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Burnsville, MN is $83,953. The unemployment rate stands at 4.7%, with a labor force of 36,202 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.