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Elysian

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

Median Home$288,300
Median Rent$915/month
Population719
Leading IndustriesPublic Administration · Retail30% public administration
Home Value Growth+7.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners83% of occupied units
NotableHigh Incomes$90k/year · top 24% nationally
Elysian
MN

Frequently Asked Questions

What are today's mortgage rates in Elysian?

As of today, the 30-year fixed mortgage rate for Elysian is approximately 6.971% (7.013% 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 Elysian?

The median home value in Elysian is $288k. The median monthly rent is $915. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elysian?

Home values in Elysian have increased 7.3% 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 Elysian?

Based on a typical all-in ownership cost of $1,128/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elysian is $90k/year.

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What industries drive the economy in Elysian?

The largest employment sectors in Elysian are public administration (30%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.