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Dennison

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

Median Home$427,007
Median Rent$1,002/month
Population206
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade9% construction
Home Value Growth+4.8% over 2 years
Family-Friendly21% of residents
Homeowners90% of occupied units
NotableHigh Incomes$110k/year · top 12% nationally
Dennison
MN

Frequently Asked Questions

What are today's mortgage rates in Dennison?

As of today, the 30-year fixed mortgage rate for Dennison is approximately 6.847% (6.881% 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 Dennison?

The median home value in Dennison is $427k. The median monthly rent is $1,002. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dennison?

Home values in Dennison have increased 4.8% over the past two years. This represents moderate growth. 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 Dennison?

Based on a typical all-in ownership cost of $1,657/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dennison is $110k/year.

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What industries drive the economy in Dennison?

The largest employment sectors in Dennison are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.