Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Minneota Public

Learn about the people, housing, costs and businesses in Minneota Public, Minnesota

Median Home$603,313
Median Rent$1,982/month
Population42,581
Leading IndustriesProfessional Services · Public Administration · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆+20.2% over 2 years
Young Adults25% of residents
Homeowners89% of occupied units
NotableHigh Incomes$144k/year · top 2% nationally
NotableHighly Educated24% bachelor's · 13% graduate · top 17% nationally
Minneota Public
MN

Frequently Asked Questions

What are today's mortgage rates in Minneota Public?

As of today, the 30-year fixed mortgage rate for Minneota Public is approximately 6.814% (6.847% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Minneota Public
What is the median home price in Minneota Public?

The median home value in Minneota Public is $603k. The median monthly rent is $1,982. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Minneota Public?

Home values in Minneota Public have increased 20.2% 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 Minneota Public?

Based on a typical all-in ownership cost of $2,375/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $102k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Minneota Public is $144k/year.

Calculate your buying power
What industries drive the economy in Minneota Public?

The largest employment sectors in Minneota Public are public administration (27%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.