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Blue Earth

Learn about the people, housing, costs and businesses in Blue Earth, Minnesota

Median Home$146,515
Median Rent$930/month
Population3,265
Leading IndustriesProfessional Services · Construction · Agriculture & Mining5% professional services
Home Value Growth-5.5% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners70% of occupied units
Blue Earth
MN

Frequently Asked Questions

What are today's mortgage rates in Blue Earth?

As of today, the 30-year fixed mortgage rate for Blue Earth is approximately 7.393% (7.447% 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 Blue Earth?

The median home value in Blue Earth is $147k. The median monthly rent is $930. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Blue Earth?

Home values in Blue Earth have decreased 5.5% over the past two years. Buyers may find more negotiating room in this market. 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 Blue Earth?

Based on a typical all-in ownership cost of $881/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Blue Earth is $67k/year.

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What industries drive the economy in Blue Earth?

The largest employment sectors in Blue Earth are public administration (26%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.