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Kimball

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

Median Home$358,200
Median Rent$778/month
Population804
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade12% construction
Home Value Growth+8.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners87% of occupied units
NotableHigh Incomes$92k/year · top 23% nationally
Kimball
MN

Frequently Asked Questions

What are today's mortgage rates in Kimball?

As of today, the 30-year fixed mortgage rate for Kimball is approximately 6.947% (6.985% 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 Kimball?

The median home value in Kimball is $358k. The median monthly rent is $778. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kimball?

Home values in Kimball have increased 8.2% 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 Kimball?

Based on a typical all-in ownership cost of $1,113/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kimball is $92k/year.

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What industries drive the economy in Kimball?

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