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Meire Grove

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

Median Home$265,600
Median Rent$1,105/month
Population178
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance13% construction
Home Value Growth⬆⬆⬆+23.3% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners86% of occupied units
NotableHigh Incomes$87k/year · top 27% nationally
Meire Grove
MN

Frequently Asked Questions

What are today's mortgage rates in Meire Grove?

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

The median home value in Meire Grove is $266k. The median monthly rent is $1,105. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Meire Grove?

Home values in Meire Grove have increased 23.3% 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 Meire Grove?

Based on a typical all-in ownership cost of $1,144/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Meire Grove is $87k/year.

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What industries drive the economy in Meire Grove?

The largest employment sectors in Meire Grove are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.