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Albertville

Learn about the people, housing, costs and businesses in Albertville, Minnesota

Median Home$406,761
Median Rent$1,847/month
Population8,655
Leading IndustriesTransportation · Arts, Food & Hospitality · Healthcare6% transportation
Home Value Growth+7.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners88% of occupied units
NotableHigh Incomes$135k/year · top 6% nationally
NotableHighly Educated32% hold a bachelor's degree · top 6% nationally
Albertville
MN

Frequently Asked Questions

What are today's mortgage rates in Albertville?

As of today, the 30-year fixed mortgage rate for Albertville is approximately 6.898% (6.934% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Albertville?

The median home value in Albertville is $407k. The median monthly rent is $1,847. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Albertville?

Home values in Albertville have increased 7.3% over the past two years. This represents moderate growth. 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 Albertville?

Based on a typical all-in ownership cost of $2,062/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $88k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Albertville is $135k/year.

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What industries drive the economy in Albertville?

The largest employment sectors in Albertville are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.