Gem Lake, MN
483Residents
$124,583Median household income
$1,800/moMedian gross rent
$568,900Median home value
57.3Median age
51%Adults with a bachelor’s degree or higher
87%Homes lived in by their owners
4.6×Home value to household income
Median rent takes about 17% of the median household income in Gem Lake.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $72,000 a year. In Minnesota that leaves roughly $4,549 a month after tax. See the full paycheck breakdown for $70,000.
Largest places in Minnesota
All cities in Minnesota · Highest-paying jobs in Minnesota
Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.