This Minnesota Suburb is More Expensive Than Minneapolis
Not only is it the most expensive suburb in all of Minnesota, but it's also pricier to live in this town than in Minneapolis and St. Paul.
Finding an affordable place to live is getting trickier than ever these days and while there are still plenty of cheap places in the Land of Ten Thousand Lakes to call home, this Twin Cities Suburb is most certainly not one of them.
According to Homesnacks, the most expensive town in Minnesota is the Minneapolis suburb of Hopkins.
Located in the northeast metro of Minneapolis/St. Paul, Hopkins is a town of around 19,000 people and has been growing steadily for the past few decades. But what makes it the most expensive in the entire state?
Homesnacks based its result on Median Home Income, Home Price to Income Ratio, and Income to Rent Ratio. Based on that criteria, Hopkins took the top spot in Minnesota, with the second most expensive Home Price to Income Ratio along with the fourth most expensive Income to Rent Ratio in the State. It was also named the most expensive town in 2022 as well. Hopkins Median Income comes in at $60,824 and the median home value is $289,500.
To see the full list of the top ten most expensive places in all of Minnesota, visit the Homesnacks website.
Story Source: Homesnacks Website