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Minnehaha

Learn about the people, housing, costs and businesses in Minnehaha, Washington

Median Home$446,553
Median Rent$1,782/month
Population12,353
Leading IndustriesFinance & Insurance · Information & Media · Transportation13% finance & insurance
Home Value Growth+6.5% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners60% of occupied units
NotableHigh Incomes$99k/year · top 18% nationally
Minnehaha
WA

Frequently Asked Questions

What are today's mortgage rates in Minnehaha?

As of today, the 30-year fixed mortgage rate for Minnehaha is approximately 6.872% (6.907% 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 Minnehaha?

The median home value in Minnehaha is $447k. The median monthly rent is $1,782. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Minnehaha?

Home values in Minnehaha have increased 6.5% 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 Minnehaha?

Based on a typical all-in ownership cost of $1,795/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $77k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Minnehaha is $99k/year.

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What industries drive the economy in Minnehaha?

The largest employment sectors in Minnehaha are public administration (27%) and information and media (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.