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New Trier

Learn about the people, housing, costs and businesses in New Trier, Minnesota

Median Home$421,100
Median Rent$1,250/month
Population86
Leading IndustriesTransportation · Construction · Agriculture & Mining6% transportation
Home Value Growth+2.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners94% of occupied units
NotableHigh Incomes$116k/year · top 10% nationally
New Trier
MN

Frequently Asked Questions

What are today's mortgage rates in New Trier?

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

The median home value in New Trier is $421k. The median monthly rent is $1,250. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Trier?

Home values in New Trier have increased 2.9% over the past two years. The market has been relatively stable. 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 New Trier?

Based on a typical all-in ownership cost of $1,586/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Trier is $116k/year.

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What industries drive the economy in New Trier?

The largest employment sectors in New Trier are retail (15%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.