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Hardwick

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

Median Home$247,800
Median Rent$713/month
Population183
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing20% construction
Home Value Growth⬆⬆⬆+31.7% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners86% of occupied units
NotableTransit84/100 · excellent transit access
NotableHigh Incomes$85k/year · top 30% nationally
Hardwick
MN

Frequently Asked Questions

What are today's mortgage rates in Hardwick?

As of today, the 30-year fixed mortgage rate for Hardwick is approximately 6.965% (7.004% 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 Hardwick?

The median home value in Hardwick is $248k. The median monthly rent is $713. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hardwick?

Home values in Hardwick have increased 31.7% 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 Hardwick?

Based on a typical all-in ownership cost of $837/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hardwick is $85k/year.

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What industries drive the economy in Hardwick?

The largest employment sectors in Hardwick are agriculture and mining (21%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.