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Goodhue

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

Median Home$353,800
Median Rent$1,078/month
Population1,169
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade12% construction
Home Value Growth⬆⬆⬆+21.6% over 2 years
Family-Friendly28% of residentswell above average
Homeowners88% of occupied units
NotableHigh Incomes$105k/year · top 14% nationally
Goodhue
MN

Frequently Asked Questions

What are today's mortgage rates in Goodhue?

As of today, the 30-year fixed mortgage rate for Goodhue is approximately 6.886% (6.922% 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 Goodhue?

The median home value in Goodhue is $354k. The median monthly rent is $1,078. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Goodhue?

Home values in Goodhue have increased 21.6% 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 Goodhue?

Based on a typical all-in ownership cost of $1,481/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Goodhue is $105k/year.

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What industries drive the economy in Goodhue?

The largest employment sectors in Goodhue 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.