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Nett Lake Public

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

Median Home$243,227
Median Rent$759/month
Population277
Leading IndustriesManufacturing · Wholesale Trade · Retail2% manufacturing
Home Value Growth⬆⬆+13.4% over 2 years
Family-Friendly22% of residentsnear the national average
Homeowners85% of occupied units
NotableAffordable Market$243k median home · lower cost than 76% of the country
Nett Lake Public
MN

Frequently Asked Questions

What are today's mortgage rates in Nett Lake Public?

As of today, the 30-year fixed mortgage rate for Nett Lake Public is approximately 6.926% (6.963% 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 Nett Lake Public?

The median home value in Nett Lake Public is $243k. The median monthly rent is $759. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nett Lake Public?

Home values in Nett Lake Public have increased 13.4% 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 Nett Lake Public?

Based on a typical all-in ownership cost of $791/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nett Lake Public is $77k/year.

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What industries drive the economy in Nett Lake Public?

The largest employment sectors in Nett Lake Public are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.