C+

Preston, MN

Source:

Affordability Score: 60/100

Population: 2,376 · 1 ZIP codes

The affordability dashboard for Preston, MN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 2,376 residents, then layers in county-level federal data to produce an overall grade of C+ (60/100). The headline inputs are median household income of $65,577, median home value of $206,700, median rent of $756 per month, and 26.8% 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 $1,022 per month (studio $774, 1BR $779, 3BR $1,370, 4BR $1,375). Department of Labor data lists infant center-based childcare at $9,100 per year, consuming 14% 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 Preston, MN include rent. Unemployment currently reads 2.4% and poverty 12.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$65,577
Median household income
Education D
26.8%
Bachelor's degree or higher
Housing C+
3.2x
Home value $206,700 vs income
Commute C-
25 min
Average commute time
Rent A-
$1,022/mo
2BR fair market rent (19% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C
$9,100/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$65,577
▲ 6% vs national
Per Capita Income
$38,286
Unemployment Rate
2.4%
Poverty Rate
12.5%

Housing

Median Home Value
$206,700
▼ 25% vs national
Median Rent
$756/mo
Owner Occupied
78.2%
2BR Fair Market Rent
$1,022/mo
▼ 15% vs national

Fair Market Rents by Bedroom

Studio
$774
1BR
$779
2BR
$1,022
3BR
$1,370
4BR
$1,375

Safety

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

Education & Family

Bachelor's Degree+
26.8%
▼ 3 ppt vs national
High School+
57.3%
Median Age
44.1
Avg. Commute
25 min
▼ 1 min vs national

Childcare Costs

Infant (Center)
$9,100/yr
14% of income
Toddler (Center)
$8,372/yr
Preschool (Center)
$7,644/yr
School-Age (Center)
$5,692/yr

What This Means

Preston, MN receives an overall affordability grade of C+ (60/100), aggregated from 1 ZIP codes with a total population of 2,376. This area performs well in rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Preston, MN affordable?
Preston, MN receives an overall affordability grade of C+ (60/100) based on Census, HUD, FBI, and DOL data. Median household income is $65,577. Median home value is $206,700.
What is the cost of living in Preston?
Key cost metrics: Median rent $756/mo. 2BR fair market rent $1,022/mo. Infant childcare $9,100/yr. Median home value $206,700.
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 →