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De Graff

Learn about the people, housing, costs and businesses in De Graff, Minnesota

Median Home$203,200
Median Rent$850/month
Population110
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade19% construction
Home Value Growth⬆⬆+11.4% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners73% of occupied units
De Graff
MN

Frequently Asked Questions

What are today's mortgage rates in De Graff?

As of today, the 30-year fixed mortgage rate for De Graff is approximately 6.965% (7.004% 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 De Graff?

The median home value in De Graff is $203k. The median monthly rent is $850. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in De Graff?

Home values in De Graff have increased 11.4% 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 De Graff?

Based on a typical all-in ownership cost of $868/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in De Graff is $75k/year.

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What industries drive the economy in De Graff?

The largest employment sectors in De Graff are public administration (23%) and agriculture and mining (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.