A-

Byron, MN

Source:

Affordability Score: 80/100

Population: 7,026 · 1 ZIP codes

The affordability dashboard for Byron, MN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 7,026 residents, then layers in county-level federal data to produce an overall grade of A- (80/100). The headline inputs are median household income of $131,336, median home value of $372,600, median rent of $1,138 per month, and 47.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,407 per month (studio $1,112, 1BR $1,189, 3BR $1,957, 4BR $2,360). Department of Labor data lists infant center-based childcare at $20,280 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Byron, MN include income, education, commute, rent. Unemployment currently reads 3.5% and poverty 3.7% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A+
$131,336
Median household income
Education B+
47.1%
Bachelor's degree or higher
Housing B
2.8x
Home value $372,600 vs income
Commute B+
19 min
Average commute time
Rent A+
$1,407/mo
2BR fair market rent (13% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$20,280/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$131,336
▲ 112% vs national
Per Capita Income
$50,715
Unemployment Rate
3.5%
Poverty Rate
3.7%

Housing

Median Home Value
$372,600
▲ 35% vs national
Median Rent
$1,138/mo
Owner Occupied
85.6%
2BR Fair Market Rent
$1,407/mo
▲ 17% vs national

Fair Market Rents by Bedroom

Studio
$1,112
1BR
$1,189
2BR
$1,407
3BR
$1,957
4BR
$2,360

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
47.1%
▲ 17 ppt vs national
High School+
66.8%
Median Age
38.4
Avg. Commute
19 min
▼ 7 min vs national

Childcare Costs

Infant (Center)
$20,280/yr
15% of income
Toddler (Center)
$18,073/yr
Preschool (Center)
$16,068/yr
School-Age (Center)
$12,324/yr

What This Means

Byron, MN receives an overall affordability grade of A- (80/100), aggregated from 1 ZIP codes with a total population of 7,026. This area performs well in income and education and commute and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Byron ZIP Codes
View all 1 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Byron, MN affordable?
Byron, MN receives an overall affordability grade of A- (80/100) based on Census, HUD, FBI, and DOL data. Median household income is $131,336. Median home value is $372,600.
What is the cost of living in Byron?
Key cost metrics: Median rent $1,138/mo. 2BR fair market rent $1,407/mo. Infant childcare $20,280/yr. Median home value $372,600.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →