Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

G.F.W.

Learn about the people, housing, costs and businesses in G.F.W., Minnesota

Median Home$173,464
Median Rent$771/month
Population6,088
Leading IndustriesConstruction · Agriculture & Mining · Retail13% construction
Home Value Growth+10.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners84% of occupied units
NotableAffordable Market$173k median home · lower cost than 73% of the country
G.F.W.
MN

Frequently Asked Questions

What are today's mortgage rates in G.F.W.?

As of today, the 30-year fixed mortgage rate for G.F.W. is approximately 7.025% (7.069% 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 G.F.W.
What is the median home price in G.F.W.?

The median home value in G.F.W. is $173k. The median monthly rent is $771. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in G.F.W.?

Home values in G.F.W. have increased 10.3% 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 G.F.W.?

Based on a typical all-in ownership cost of $879/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in G.F.W. is $69k/year.

Calculate your buying power
What industries drive the economy in G.F.W.?

The largest employment sectors in G.F.W. are public administration (23%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.