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Lake Bronson

Learn about the people, housing, costs and businesses in Lake Bronson, Minnesota

Median Home$132,300
Median Rent$687/month
Population170
Leading IndustriesWholesale Trade · Construction · Transportation19% wholesale trade
Home Value Growth⬆⬆⬆+29.2% over 2 years
Retirees22% of residentsnear the national average
Homeowners81% of occupied units
NotableAffordable Market$132k median home · lower cost than 80% of the country
Lake Bronson
MN

Frequently Asked Questions

What are today's mortgage rates in Lake Bronson?

As of today, the 30-year fixed mortgage rate for Lake Bronson is approximately 6.923% (6.960% 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 Lake Bronson?

The median home value in Lake Bronson is $132k. The median monthly rent is $687. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Bronson?

Home values in Lake Bronson have increased 29.2% 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 Lake Bronson?

Based on a typical all-in ownership cost of $800/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Bronson is $71k/year.

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What industries drive the economy in Lake Bronson?

The largest employment sectors in Lake Bronson are wholesale trade (19%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.