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Fifty Lakes

Learn about the people, housing, costs and businesses in Fifty Lakes, Minnesota

Median Home$366,427
Median Rent$815/month
Population447
Leading IndustriesWholesale Trade · Professional Services · Arts, Food & Hospitality21% wholesale trade
Home Value Growth⬆⬆+18.3% over 2 years
Retirees38% of residentstop 2% nationally
Homeowners91% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Fifty Lakes
MN

Frequently Asked Questions

What are today's mortgage rates in Fifty Lakes?

As of today, the 30-year fixed mortgage rate for Fifty Lakes is approximately 6.965% (7.004% 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 Fifty Lakes?

The median home value in Fifty Lakes is $366k. The median monthly rent is $815. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fifty Lakes?

Home values in Fifty Lakes have increased 18.3% 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 Fifty Lakes?

Based on a typical all-in ownership cost of $1,051/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fifty Lakes is $78k/year.

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What industries drive the economy in Fifty Lakes?

The largest employment sectors in Fifty Lakes are wholesale trade (21%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.