Here's what it costs to live in Austin, Minnesota, based on the latest US government data. Renters pay a median of $953 per month, while the typical home is valued around $163,900. Households earn a median of $68,057 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$68,057
Annual · Census ACS
Median Gross Rent
$953
Per month · Census ACS
Median Home Value
$163,900
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
26,358
Latest estimate
Median Age
36.2 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
19
0–100 scale
Avg Median Rent
$901
Per month
Avg Home Value
$214,650
Census ACS
January Avg
15°F
July Avg
71°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
49.5
fair
Hospitals
22
Doctors per 1,000
1.00
Insurance Coverage
91.2%
What is the cost of living index for Austin?
The cost of living index for Austin is not yet available in our database.
What is the median rent in Austin?
The median gross rent in Austin is $953 per month according to US Census ACS data.
What is the median household income in Austin?
The median household income in Austin is $68,057 per year.
What is the median home value in Austin?
The median home value in Austin is $163,900 based on the latest Census ACS survey.
How is the air quality in Austin?
Air quality data for Austin is not yet available.
What are the taxes like in Austin?
Tax data for Minnesota is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
