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Good Thunder

Learn about the people, housing, costs and businesses in Good Thunder, Minnesota

Median Home$188,300
Median Rent$753/month
Population541
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade13% construction
Home Value Growth⬆⬆⬆+22.0% over 2 years
Retirees21% of residentsnear the national average
Homeowners87% of occupied units
Good Thunder
MN

Frequently Asked Questions

What are today's mortgage rates in Good Thunder?

As of today, the 30-year fixed mortgage rate for Good Thunder is approximately 7.078% (7.123% 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 Good Thunder?

The median home value in Good Thunder is $188k. The median monthly rent is $753. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Good Thunder?

Home values in Good Thunder have increased 22.0% 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 Good Thunder?

Based on a typical all-in ownership cost of $1,012/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Good Thunder is $79k/year.

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What industries drive the economy in Good Thunder?

The largest employment sectors in Good Thunder are public administration (23%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.