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Grey Eagle

Learn about the people, housing, costs and businesses in Grey Eagle, Minnesota

Median Home$355,200
Median Rent$629/month
Population336
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services24% arts, food & hospitality
Home Value Growth+0.3% over 2 years
Young Adults27% of residentsnear the national average
Homeowners91% of occupied units
NotableHighly Educated32% bachelor's · 25% graduate · top 6% nationally
NotableHigh Incomes$90k/year · top 25% nationally
Grey Eagle
MN

Frequently Asked Questions

What are today's mortgage rates in Grey Eagle?

As of today, the 30-year fixed mortgage rate for Grey Eagle is approximately 6.796% (6.829% 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 Grey Eagle?

The median home value in Grey Eagle is $355k. The median monthly rent is $629. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grey Eagle?

Home values in Grey Eagle have increased 0.3% over the past two years. The market has been relatively stable. 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 Grey Eagle?

Based on a typical all-in ownership cost of $1,100/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grey Eagle is $90k/year.

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What industries drive the economy in Grey Eagle?

The largest employment sectors in Grey Eagle are healthcare (27%) and arts, food, and hospitality (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.