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ZIP Code 59103

Learn about the people, housing, costs and businesses in 59103

Median Home$322,300
Median Rent$948/month
Population2,902
Leading IndustryProfessional Services4% of local workforce
Home Value Growth⬆⬆+18.3% over 2 years
Young Adults38% of residentswell above average
Renters72% of occupied units
NotableHighly Educated24% hold a bachelor's degree · top 23% nationally
ZIP Code
59103

Frequently Asked Questions

What are today's mortgage rates in ZIP code 59103?

As of today, the 30-year fixed mortgage rate for ZIP code 59103 is approximately 6.915% (6.952% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 59103
What is the median home price in ZIP code 59103?

The median home value in ZIP code 59103 is $322k. The median monthly rent is $948. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 59103?

Home values in ZIP code 59103 have increased 18.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 59103?

Based on a typical all-in ownership cost of $957/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 59103 is $51k/year.

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What industries drive the economy in ZIP code 59103?

The largest employment sectors in ZIP code 59103 are public administration (21%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

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