Hermantown vs Minneapolis: Housing
| Hermantown | Minneapolis | |
|---|---|---|
| Median Home Value | $382,300 | $362,200 |
| Median Gross Rent | $1,463/mo | $1,371/mo |
| Homeownership Rate | 73.1% | 47.7% |
| Rent as Share of Income | 19.3% | 20.3% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.