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Jenkins

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

Median Home$422,020
Median Rent$1,010/month
Population526
Leading IndustriesWholesale Trade · Arts, Food & Hospitality · Professional Services13% wholesale trade
Home Value Growth⬆⬆+17.3% over 2 years
Retirees34% of residentstop 4% nationally
Homeowners92% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
Jenkins
MN

Frequently Asked Questions

What are today's mortgage rates in Jenkins?

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

The median home value in Jenkins is $422k. The median monthly rent is $1,010. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jenkins?

Home values in Jenkins have increased 17.3% 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 Jenkins?

Based on a typical all-in ownership cost of $1,068/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jenkins is $94k/year.

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What industries drive the economy in Jenkins?

The largest employment sectors in Jenkins are public administration (20%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.