Cost of Living in Coon Rapids, MN
Population: 63,348 • 2026 Data
$86,618
Median Household Income
+12% vs national
$1,418
Median Monthly Rent
+5% vs national
$287,200
Median Home Value
-15% vs national
4.0%
Unemployment Rate
Housing in Coon Rapids
The median home value in Coon Rapids, MN is $287,200. Monthly rent for a typical unit averages $1,418, while total monthly housing costs (including utilities and insurance) average $1,430.
Rent-to-income ratio: 19.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Coon Rapids, MN is $86,618. The unemployment rate stands at 4.0%, with a labor force of 36,204 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.