White Bear Lake, MN

Average · 106

Minnesota · Population 24,026 · Updated March 2026

$1,540
Median Rent / Month
$79,712
Median Income
$318,000
Median Home Value
$1,525
Owner Costs / Month

Affordability

How far your income goes in White Bear Lake

23.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Minnesota

State-level tax rates that affect your costs

9.85%
Income Tax (Top Rate)
6.875%
Sales Tax
1.11%
Property Tax Rate

Estimated Annual Costs

$18,480
Annual Rent
$7,852
State Income Tax
$3,530
Property Tax (est.)

Cost of Living Overview

White Bear Lake is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), White Bear Lake residents can expect to pay median rent of $1,540/month while earning a median household income of $79,712/year.

The median home value in White Bear Lake, MN is $318,000, with typical monthly owner costs around $1,525 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Minnesota's top income tax rate of 9.85% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.875% sales tax rate and 1.11% effective property tax rate, the overall tax environment is a factor in the total cost of living in White Bear Lake.

Frequently Asked Questions

Common questions about living costs in White Bear Lake

What is the cost of living in White Bear Lake, MN?
The cost of living index in White Bear Lake, MN is 106 (US average = 100). Median monthly rent is $1,540, median household income is $79,712/year, and the median home value is $318,000.
Is White Bear Lake, MN affordable?
No, White Bear Lake is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 23.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in White Bear Lake, MN?
The median gross rent in White Bear Lake, MN is $1,540 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,480.
What is the median household income in White Bear Lake?
The median household income in White Bear Lake, MN is $79,712 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Minnesota?
Minnesota has a top income tax rate of 9.85%, a sales tax of 6.875%, and an effective property tax rate of 1.11%.