Cost of Living in Plymouth, MN
Population: 79,526 • 2026 Data
$133,865
Median Household Income
+73% vs national
$1,705
Median Monthly Rent
+26% vs national
$474,700
Median Home Value
+40% vs national
2.0%
Unemployment Rate
Housing in Plymouth
The median home value in Plymouth, MN is $474,700. Monthly rent for a typical unit averages $1,705, while total monthly housing costs (including utilities and insurance) average $1,812.
Rent-to-income ratio: 15.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Plymouth, MN is $133,865. The unemployment rate stands at 2.0%, with a labor force of 44,242 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.