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Anoka County, MN

RANK #519 / 1001 NAT  ·  #8 / 18 MN  ·  POP 370,349

1YR FORECAST: +0.5%

5YR OUTLOOK: +28%

Anoka County's housing market is projected to grow +0.5% over the next year, below the national average.

[01] Why Anoka County?

Anoka, Minnesota, the county seat of Anoka County, is known as the "Halloween Capital of the World" due to its long-standing tradition of elaborate celebrations dating back to 1920. Anoka County is located in the northern part of the Minneapolis-Saint Paul metropolitan area, approximately 20 miles north of downtown Minneapolis. The Rum River, a popular spot for kayaking, canoeing, and fishing, flows through the county and joins the Mississippi River in the city of Anoka. Commuting to Minneapolis is facilitated by the Northstar Commuter Rail, which has four stations within Anoka County, and various bus services. The county offers a mix of suburban and rural environments with over 11,500 acres of parks and trails.

Anoka County offers a quality of life that attracts families and young professionals, with many residents owning their homes. The public schools, including the large Anoka-Hennepin School District, are generally rated above average. The county's economy is experiencing steady growth, with industrial reinvestment and expanding commercial districts in towns like Coon Rapids and Blaine. Manufacturing and health services have seen strong job gains, and the county has a lower unemployment rate than the state average. Recent developments include the expansion of Green Bay Packaging in Coon Rapids and new housing projects in the city of Anoka.

MARKET PROFILE

Educated Suburban Growth

Anoka County is one of 110 U.S. counties in this market profile — near the profile average on the BoomTown Index. Within this cohort, its recent home-price change of +2.3% matches the profile's typical +2.4%.

See all 110 Educated Suburban Growth counties →

[02] Market Snapshot

Housing Ratio
14.2x

Overvalued relative to economy

Home Prices
+2.3%

Above national median

Climate & Terrain
-2.4

Below-average climate & terrain

Price/Rent
17x

Above national median (15x)

Housing looks overvalued at 14.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Federal Premium Ammunition (Vista Outdoor) Manufacturing
    1,000+
  2. 2
    Anoka County Government
  3. 3
    Anoka-Hennepin School District Education
  4. 4
    nVent HOFFMAN Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Anoka County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
370,349
+0.89% YoY
Median Household Income
$101,869
Median Home Value
$346,500
+2.27% 12mo
Median Rent
$1,464
Average Annual Pay
$67,859
+4.0% YoY
Employment
133,060
-0.1% YoY
Income-to-Home-Value
0.294
More affordable than average
Migration Inflow
4.5%
of pop. from another state
Bachelor's Degree+
32.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$376,250
Days on Market
21
Active market
Months of Supply
1.8
Seller's market
Sale-to-List Ratio
101.0%
Homes selling above asking
Sold Above List
49.5%
Listings w/ Price Drops
32.5%
Building Permits (2025)
774
Single-Family Permits
738

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.2
per 100K · nat avg 6.3
Firearm Fatalities
9.2
per 100K · nat avg 14.8
Injury Deaths
63.9
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
42.3
Good
Good Air Days
70%
764 of 1,095 days
Unhealthy+ Days (3yr)
24
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
41
2022
40
2023
46
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$250M
TOTAL
PROJECT AMOUNT STATUS
Emergency Communications Center
Anoka County
$50M Planned
Government Center Parking Ramp Replacement
Anoka County
$50M Planned
Jail Replacement
Anoka County
$50M Planned
Rice Creek Compost Site Expansion
Anoka County Recycling & Resource Solutions (R&RS)
$50M Under Construction
Blaine's 105th Ave Entertainment District Transformation
City of Blaine
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.9% 62 percentile
Income Growth +3.1% 60 percentile
Vacancy Rate 0.6% 85 percentile
Home Price Change +2.3% 59 percentile
Rent Growth +4.4% 72 percentile
Price/Rent 17x 33 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Anoka County, MN a good place to move to?

Anoka County scores 48/100 on the Boom Town Index, landing in the middle of the pack among 1001 U.S. counties (#519). Median household income is $101,869 and job growth is running at -0.1%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Anoka County affordable?

Housing in Anoka County is roughly in line with national affordability norms. The median home costs $346,500 and the income-to-home-value ratio sits at 0.29, with rents averaging $1,464/month. Not a bargain, but not a stretch for most local earners either.

Is Anoka County growing or shrinking?

Anoka County's population is growing — up +0.9% YoY — while the job market is roughly flat (employment change of -0.1%). Home values shifted +2.3% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Anoka County?

There's a moderate stream of newcomers. About 4.5% of residents moved from another state, which is above average and suggests Anoka County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Sherburne County, MN 54 Wright County, MN 42 Ramsey County, MN 40 Rice County, MN 57 Hennepin County, MN 34 Chisago County, MN 63 Forsyth County, NC 48 Spartanburg County, SC 48