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Maple Grove

Learn about the people, housing, costs and businesses in Maple Grove, Minnesota

Median Home$433,525
Median Rent$1,831/month
Population71,173
Leading IndustriesArts, Food & Hospitality · Education · Healthcare13% arts, food & hospitality
Home Value Growth+4.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners82% of occupied units
NotableHighly Educated35% bachelor's · 15% graduate · top 3% nationally
NotableHigh Incomes$137k/year · top 5% nationally
Maple Grove
MN

Frequently Asked Questions

What are today's mortgage rates in Maple Grove?

As of today, the 30-year fixed mortgage rate for Maple Grove is approximately 6.893% (6.929% 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 Maple Grove?

The median home value in Maple Grove is $434k. The median monthly rent is $1,831. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Maple Grove?

Home values in Maple Grove have increased 4.7% 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 Maple Grove?

Based on a typical all-in ownership cost of $1,877/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $80k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Maple Grove is $137k/year.

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What industries drive the economy in Maple Grove?

The largest employment sectors in Maple Grove are public administration (24%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.