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Nassau

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

Median Home$197,300
Median Rent$805/month
Population63
Leading IndustriesAgriculture & Mining · Construction · Manufacturing32% agriculture & mining
Home Value Growth⬆⬆+14.5% over 2 years
Retirees26% of residentsabove average nationally
Homeowners86% of occupied units
Nassau
MN

Frequently Asked Questions

What are today's mortgage rates in Nassau?

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

The median home value in Nassau is $197k. The median monthly rent is $805. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nassau?

Home values in Nassau have increased 14.5% 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 Nassau?

Based on a typical all-in ownership cost of $839/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nassau is $79k/year.

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What industries drive the economy in Nassau?

The largest employment sectors in Nassau are agriculture and mining (32%) and construction (31%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.