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Littlefork

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

Median Home$266,900
Median Rent$696/month
Population540
Leading IndustriesProfessional Services · Public Administration · Education2% professional services
Home Value Growth+3.6% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners86% of occupied units
Littlefork
MN

Frequently Asked Questions

What are today's mortgage rates in Littlefork?

As of today, the 30-year fixed mortgage rate for Littlefork is approximately 7.040% (7.084% 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 Littlefork?

The median home value in Littlefork is $267k. The median monthly rent is $696. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Littlefork?

Home values in Littlefork have increased 3.6% 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 Littlefork?

Based on a typical all-in ownership cost of $881/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Littlefork is $75k/year.

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What industries drive the economy in Littlefork?

The largest employment sectors in Littlefork are public administration (26%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.