Paycheck Atlas

Hermantown, MN

10,218Residents
$90,849Median household income
$1,463/moMedian gross rent
$382,300Median home value
38.7Median age
40%Adults with a bachelor’s degree or higher
73%Homes lived in by their owners
4.2×Home value to household income

Median rent takes about 19% of the median household income in Hermantown.

What pay do you need to rent here?

To keep rent at or below 30% of gross pay, you would need about $59,000 a year. In Minnesota that leaves roughly $3,798 a month after tax. See the full paycheck breakdown for $60,000.

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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.