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Buckman

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

Median Home$271,100
Median Rent$923/month
Population316
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare28% public administration
Home Value Growth⬆⬆⬆+27.6% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners87% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
Buckman
MN

Frequently Asked Questions

What are today's mortgage rates in Buckman?

As of today, the 30-year fixed mortgage rate for Buckman is approximately 6.935% (6.973% 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 Buckman?

The median home value in Buckman is $271k. The median monthly rent is $923. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Buckman?

Home values in Buckman have increased 27.6% 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 Buckman?

Based on a typical all-in ownership cost of $1,061/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Buckman is $77k/year.

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What industries drive the economy in Buckman?

The largest employment sectors in Buckman are public administration (28%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.