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Hubbard

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

Median Home$306,942
Median Rent$1,251/month
Population59
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining12% wholesale trade
Home Value Growth+5.6% over 2 years
Retirees28% of residentswell above average
Homeowners86% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Hubbard
MN

Frequently Asked Questions

What are today's mortgage rates in Hubbard?

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

The median home value in Hubbard is $307k. The median monthly rent is $1,251. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hubbard?

Home values in Hubbard have increased 5.6% over the past two years. This represents moderate growth. 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 Hubbard?

Based on a typical all-in ownership cost of $1,106/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 Hubbard is $82k/year.

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What industries drive the economy in Hubbard?

The largest employment sectors in Hubbard are public administration (23%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.