Goodhue County, MN at a glance
Median household income
$84,171$7,014 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Goodhue County, MN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Goodhue County, MN? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Goodhue County, MN, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $755 | $9,060 | $30,200 | 10.8% |
| 1-Bedroom Apartment | $901 | $10,812 | $36,040 | 12.8% |
| 2-Bedroom ApartmentBenchmark | $1,095 | $13,140 | $43,800 | 15.6% |
| 3-Bedroom Home | $1,523 | $18,276 | $60,920 | 21.7% |
| 4-Bedroom Home | $1,837 | $22,044 | $73,480 | 26.2% |
What a typical income covers in Goodhue County, MN
The 50/30/20 rule applied to the local median of $84,171 a year ($7,014 a month before tax).
What $84,171 leaves after Minnesota taxes
Federal income tax, Social Security, Medicare and Minnesota tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Minnesota
Living in Goodhue County, MN: common questions
What is the median household income in Goodhue County, MN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Goodhue County, MN is $84,171 per year (approximately $7,014 per month).
What is the average rent in Goodhue County, MN?
The closest official figure is HUD's Fair Market Rent for 2026: $755 for a studio, $901 for one bedroom, $1,095 for two, $1,523 for three and $1,837 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Goodhue County, MN expensive to live in?
Prices there run 1.4% below the U.S. average. BEA's regional price parity for Minnesota is 98.6, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Goodhue County, MN?
To keep a $1,095 two-bedroom under 30% of gross income, a household needs about $43,800 a year, or $3,650 a month. That is 52% of what the typical household in Goodhue County, MN earns.
How much do you need to live comfortably in Goodhue County, MN?
On the local median income of $84,171 ($7,014 a month before tax), the 50/30/20 rule leaves $3,507 a month for needs like rent, utilities and groceries, $2,104 for everything else and $1,403 for savings or debt. A two-bedroom at $1,095 takes 31% of the needs share.
How much is the electric bill in Goodhue County, MN?
Homes in Minnesota paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.