Housing & Real Estate — Hibbing, Minnesota
Overview
| Total Housing Units | 8,457 |
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| Occupied | 7,640 |
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| Vacant | 817 |
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| Owner-Occupied | 5,682 |
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| Renter-Occupied | 1,958 |
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| Median Home Value (Census) | $130,200 |
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| Estimated 2026 | ~$146,000 |
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| Median Rent | $739/mo |
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| Median Property Tax | $1,219/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
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| Rent as % of Income | 15.9% |
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| Severely Rent-Burdened | 45.4% |
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Housing Age
| Built 2010 or later | 197 |
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| Built 2000-2009 | 306 |
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| Built 1990-1999 | 421 |
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| Built before 1960 | 5,045 |
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| Median Year Built | 1954 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
