Can A Paramedic Afford Rent in Golden Valley, MN?

Rent-burdened — rent takes 43.4% of gross income.

Golden Valley rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).

Golden Valley median rent
$2,001/mo
Paramedic salary (Minnesota)
$55,307/yr
Rent as % of income
43.4%
Gross monthly income works out to about $4,609, and the 30% rule supports up to $1,383/mo in rent. Golden Valley's median rent of $2,001 exceeds that threshold by $618/mo, putting a paramedic salary into the rent-burdened range here. A paramedic works roughly 75.3 hours a month to cover that rent.

About rent and a paramedic salary

Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.

Cheaper rent nearby

These Minnesota cities have lower median rent than Golden Valley, which improves the affordability math on a paramedic salary:

Edina, MN
$1,999/mo (43.4% of income)
Rosemount, MN
$1,998/mo (43.4% of income)
Rosemount, MN
$1,996/mo (43.3% of income)

Compare with full rent data for Golden Valley

View full rent data for Golden Valley, MN

Frequently asked questions

Can a paramedic afford rent in Golden Valley, MN?

Median rent in Golden Valley is $2,001 a month. A typical paramedic in Minnesota earns about $55,307 a year, which makes that rent 43.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a paramedic afford in Golden Valley?

Using the 30% rule, a paramedic salary in Minnesota (~$55,307/yr) supports up to $1,383 a month in rent. Golden Valley's current median rent is $2,001/mo, which is $618/mo over the affordability threshold.

How many hours does a paramedic work to cover rent in Golden Valley?

At an hourly equivalent of about $27 an hour, a paramedic in Minnesota works roughly 75.3 hours a month to cover Golden Valley's median rent of $2,001.

Where is rent cheaper than Golden Valley for a paramedic?

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 a paramedic salary.

Methodology: Salary uses the BLS-derived Minnesota state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Golden Valley, MN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.