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Hatfield

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

Median Home$165,600
Median Rent$814/month
Population49
Leading IndustriesConstruction · Information & Media · Agriculture & Mining9% construction
Home Value Growth⬆⬆⬆+23.9% over 2 years
Retirees25% of residentsabove average nationally
Homeowners90% of occupied units
NotableAffordable Market$166k median home · lower cost than 67% of the country
Hatfield
MN

Frequently Asked Questions

What are today's mortgage rates in Hatfield?

As of today, the 30-year fixed mortgage rate for Hatfield 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 Hatfield?

The median home value in Hatfield is $166k. The median monthly rent is $814. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hatfield?

Home values in Hatfield have increased 23.9% 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 Hatfield?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hatfield is $69k/year.

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What industries drive the economy in Hatfield?

The largest employment sectors in Hatfield are public administration (20%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.