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Learn about the people, housing, costs and businesses in Erskine, Minnesota
Real local data across mortgage, insurance, natural hazard, and place.
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FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Erskine.
True all-in cost — P&I, taxes, insurance & utilities for homes in Erskine.
Find and compare lenders active near Erskine.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Erskine.
Seismic risk and earthquake insurance estimates for Erskine.
Wildfire exposure and insurance estimates for Erskine.
As of today, the 30-year fixed mortgage rate for Erskine is approximately 6.895% (6.931% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for ErskineThe median home value in Erskine is $208k. The median monthly rent is $699. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Erskine have increased 31.5% 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.
Based on a typical all-in ownership cost of $927/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Erskine is $68k/year.
Calculate your buying powerThe largest employment sectors in Erskine are retail (29%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.