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Browns Valley

Learn about the people, housing, costs and businesses in Browns Valley, Minnesota

Median Home$124,800
Median Rent$608/month
Population484
Leading IndustriesConstruction · Agriculture & Mining · Transportation10% construction
Home Value Growth⬆⬆+11.1% over 2 years
Retirees21% of residentsnear the national average
Homeowners85% of occupied units
NotableAffordable Market$125k median home · lower cost than 82% of the country
Browns Valley
MN

Frequently Asked Questions

What are today's mortgage rates in Browns Valley?

As of today, the 30-year fixed mortgage rate for Browns Valley is approximately 6.886% (6.922% 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 Browns Valley?

The median home value in Browns Valley is $125k. The median monthly rent is $608. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Browns Valley?

Home values in Browns Valley have increased 11.1% 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 Browns Valley?

Based on a typical all-in ownership cost of $967/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 Browns Valley is $74k/year.

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What industries drive the economy in Browns Valley?

The largest employment sectors in Browns Valley are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.