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Hewitt

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

Median Home$154,100
Median Rent$867/month
Population243
Leading IndustriesRetail · Construction · Agriculture & Mining23% retail
Home Value Growth+1.0% over 2 years
Family-Friendly28% of residentswell above average
Homeowners86% of occupied units
Hewitt
MN

Frequently Asked Questions

What are today's mortgage rates in Hewitt?

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

The median home value in Hewitt is $154k. The median monthly rent is $867. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hewitt?

Home values in Hewitt have increased 1.0% 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 Hewitt?

Based on a typical all-in ownership cost of $816/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hewitt is $64k/year.

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What industries drive the economy in Hewitt?

The largest employment sectors in Hewitt are retail (23%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.