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Dodge Center

Learn about the people, housing, costs and businesses in Dodge Center, Minnesota

Median Home$237,800
Median Rent$988/month
Population2,960
Leading IndustriesRetail · Wholesale Trade · Public Administration20% retail
Home Value Growth-0.6% over 2 years
Young Adults28% of residentsnear the national average
Homeowners84% of occupied units
NotableTransit87/100 · excellent transit access
NotableHigh Incomes$100k/year · top 17% nationally
Dodge Center
MN

Frequently Asked Questions

What are today's mortgage rates in Dodge Center?

As of today, the 30-year fixed mortgage rate for Dodge Center is approximately 6.955% (6.996% 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 Dodge Center?

The median home value in Dodge Center is $238k. The median monthly rent is $988. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dodge Center?

Home values in Dodge Center have decreased 0.6% over the past two years. Buyers may find more negotiating room in this market. 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 Dodge Center?

Based on a typical all-in ownership cost of $1,176/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dodge Center is $100k/year.

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What industries drive the economy in Dodge Center?

The largest employment sectors in Dodge Center are public administration (27%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.