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Denham

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

Median Home$229,300
Median Rent$1,044/month
Population38
Leading IndustriesPublic Administration · Professional Services · Education36% public administration
Home Value Growth+10.1% over 2 years
Young Adults46% of residentstop 1% nationally
Homeowners86% of occupied units
NotableHighly Educated29% bachelor's · 15% graduate · top 10% nationally
Denham
MN

Frequently Asked Questions

What are today's mortgage rates in Denham?

As of today, the 30-year fixed mortgage rate for Denham is approximately 6.942% (6.980% 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 Denham?

The median home value in Denham is $229k. The median monthly rent is $1,044. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Denham?

Home values in Denham have increased 10.1% 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 Denham?

Based on a typical all-in ownership cost of $992/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Denham is $75k/year.

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What industries drive the economy in Denham?

The largest employment sectors in Denham are public administration (36%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.