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Sherburne County, MN

RANK #330 / 1001 NAT  ·  #5 / 18 MN  ·  POP 100,560

1YR FORECAST: +2.2%

5YR OUTLOOK: +19%

Our model projects above-average housing market growth for Sherburne County at +2.2% over the next year.

[01] Why Sherburne County?

Sherburne County, Minnesota, distinguishes itself with the Sherburne National Wildlife Refuge and the Sand Dunes State Forest, offering extensive natural landscapes for outdoor enthusiasts. Located in central Minnesota, the county sits between the Minneapolis-St. Paul and St. Cloud metropolitan areas. Commute options include major highways like U.S. 10 and 169, providing four-lane access, and a commuter bus service (replacing the Northstar Line in January 2025) connecting towns like Elk River and Big Lake to downtown Minneapolis. The community feel varies from rural to suburban, with cities like Elk River serving as the county seat.

Life in Sherburne County often involves a balance of suburban and rural living, attracting families and individuals seeking good schools and access to natural amenities. The county is home to multiple school districts, including Independent School District 728 and Becker Public School District. Outdoor recreation is a significant draw, with numerous county and city parks, lakes, and trails for hiking, biking, and water sports. Economically, the county has experienced growth, with a labor force projected to expand. Local economic development efforts focus on supporting entrepreneurship and existing businesses.

MARKET PROFILE

Idiosyncratic Markets

Sherburne County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +2.5% YoY, population +1.4%, wages +3.4%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
21.3x

Overvalued relative to economy

Home Prices
+2.5%

Above national median

Climate & Terrain
-2.9

Below-average climate & terrain

Price/Rent
20x

Above national median (15x)

Housing looks overvalued at 21.3x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    St. Cloud Area School District (ISD 742) Education
    1,000+
  2. 2
    Xcel Energy (Sherco) Energy
  3. 3
    CentraCare Health Systems / St. Cloud Hospital Healthcare
  4. 4
    Cargill Kitchen Solutions Manufacturing
  5. 5
    Crystal Cabinets Manufacturing
  6. 6
    Guardian Angels Senior Services Healthcare
  7. 7
    Sherburne County Government Government
  8. 8
    Coborn's Retail
  9. 9
    Electrolux Home Products Manufacturing
  10. 10
    New Flyer USA, Inc. Manufacturing

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

[04] Home Value Growth vs National

Sherburne 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
100,560
+1.39% YoY
Median Household Income
$105,466
Median Home Value
$361,400
+2.48% 12mo
Median Rent
$1,127
Average Annual Pay
$59,716
+3.4% YoY
Employment
28,584
+1.8% YoY
Income-to-Home-Value
0.2918
More affordable than average
Migration Inflow
6.23%
of pop. from another state
Bachelor's Degree+
29.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$359,950
Days on Market
26
Active market
Months of Supply
2.1
Seller's market
Sale-to-List Ratio
100.2%
Homes selling above asking
Sold Above List
39.6%
Listings w/ Price Drops
29.8%
Building Permits (2025)
319
Single-Family Permits
299

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

[05] Crime & Safety

B+
SAFETY
GRADE
Firearm Fatalities
5.5
per 100K · nat avg 13.4
Injury Deaths
56.3
per 100K · nat avg 83.6
vs National Average
—
based on homicide rate

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Sherburne County stands nationally: safest large counties in America · highest homicide-rate counties.

[06] Score Breakdown

Population Growth +1.4% 77 percentile
Income Growth +2.4% 40 percentile
Vacancy Rate 0.3% 98 percentile
Home Price Change +2.5% 55 percentile
Rent Growth +4.8% 75 percentile
Price/Rent 20x 16 percentile

Bars show percentile rank among all 1001 counties.

[07] Frequently Asked Questions

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

With a Boom Town Index score of 67/100, Sherburne County sits in the upper half of all 1001 ranked counties. Employment is expanding at +1.8%, and median household income stands at $105,466 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in MN.

Is Sherburne County affordable?

Housing in Sherburne County is roughly in line with national affordability norms. The median home costs $361,400 and the income-to-home-value ratio sits at 0.29, with rents averaging $1,127/month. Not a bargain, but not a stretch for most local earners either.

Is Sherburne County growing or shrinking?

Sherburne County is growing on multiple fronts. Population is up +1.4% year-over-year while employers added jobs at a +1.8% clip. Home values shifted +2.5% in the past year.

Are people moving to Sherburne County?

In significant numbers — 6.23% of Sherburne County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[08] Similar Counties by Size & Score

Crow Wing County, MN 70 Anoka County, MN 64 Rice County, MN 63 Chisago County, MN 75 Wright County, MN 75 Stearns County, MN 81 Roanoke County, VA 67 Shiawassee County, MI 67