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Gaylord

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

Median Home$208,600
Median Rent$870/month
Population2,132
Leading IndustriesEducation · Professional Services4% education
Home Value Growth+9.7% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners70% of occupied units
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
Gaylord
MN

Frequently Asked Questions

What are today's mortgage rates in Gaylord?

As of today, the 30-year fixed mortgage rate for Gaylord is approximately 6.889% (6.925% 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 Gaylord?

The median home value in Gaylord is $209k. The median monthly rent is $870. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gaylord?

Home values in Gaylord have increased 9.7% 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 Gaylord?

Based on a typical all-in ownership cost of $892/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 Gaylord is $67k/year.

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What industries drive the economy in Gaylord?

The largest employment sectors in Gaylord are public administration (18%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.