In its second edition, State of the State’s Housing shows that more than a quarter of Minnesota families pay more than they can afford for housing — and that number is growing. As legislators make critical decisions about housing funding and programs across Minnesota, this report provides a comprehensive and compelling look at important metrics at the state, region and county levels.
In addition to spotlighting key trends, like the gap between the costs of housing and the salaries of in-demand jobs, the report also ranks counties on benchmarks like renter cost burden and showcases issues like aging housing stock with dynamic maps. The report also shares stories from communities collaborating to tackle local needs.
The major takeaway: Minnesota’s lack of affordable homes impacts everyone, everywhere across our state. And for people of color and Indigenous people, Minnesotans at the lowest income levels, and seniors, the impacts are particularly severe.
In 2019, from racial disparities to cost burden, many trends are going in the wrong direction.
Building on our County Profiles, released each year since 2009, MHP created the State of the State’s Housing to continue to benchmark progress at the state, region and county levels in critical areas, including
- cost-burdened households paying at least 30% of their income for housing;
- a comparison of what common jobs pay relative to what renting and owning actually costs;
- changes in rent and home values;
- construction of multi- and single-family homes;
- trends in homelessness;
- and more!
The report also includes county rankings and maps that reveal trends in areas like gross rent increase, affordable housing for extremely low-income households and housing cost burden for seniors.