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Learn about the people, housing, costs and businesses in Iron Junction, Minnesota
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Iron Junction.
True all-in cost — P&I, taxes, insurance & utilities for homes in Iron Junction.
Find and compare lenders active near Iron Junction.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Iron Junction.
Seismic risk and earthquake insurance estimates for Iron Junction.
Wildfire exposure and insurance estimates for Iron Junction.
Cost of living, demographics, and community profile
As of today, the 30-year fixed mortgage rate for Iron Junction is approximately 6.954% (6.992% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Iron JunctionThe median home value in Iron Junction is $252k. The median monthly rent is $1,313. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Iron Junction have increased 17.6% 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.
Based on a typical all-in ownership cost of $1,012/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Iron Junction is $84k/year.
Calculate your buying powerThe largest employment sectors in Iron Junction are public administration (29%) and information and media (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.