Can An Electrician Afford Rent in Golden Valley, MN?
Stretched but workable — rent takes 33% of gross income.
Golden Valley rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
About rent and an electrician salary
Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.
Cheaper rent nearby
These Minnesota cities have lower median rent than Golden Valley, which improves the affordability math on an electrician salary:
Compare with full rent data for Golden Valley
View full rent data for Golden Valley, MN →Frequently asked questions
Can an electrician afford rent in Golden Valley, MN?
Median rent in Golden Valley is $2,001 a month. A typical electrician in Minnesota earns about $72,696 a year, which makes that rent 33% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can an electrician afford in Golden Valley?
Using the 30% rule, an electrician salary in Minnesota (~$72,696/yr) supports up to $1,817 a month in rent. Golden Valley's current median rent is $2,001/mo, which is $184/mo over the affordability threshold.
How many hours does an electrician work to cover rent in Golden Valley?
At an hourly equivalent of about $35 an hour, an electrician in Minnesota works roughly 57.3 hours a month to cover Golden Valley's median rent of $2,001.
Where is rent cheaper than Golden Valley for an electrician?
Nearby Minnesota cities with lower median rent include Edina ($1,999/mo), Rosemount ($1,998/mo), Rosemount ($1,996/mo). Each shifts the affordability math materially on an electrician salary.