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Norman County East

Learn about the people, housing, costs and businesses in Norman County East, Minnesota

Median Home$152,600
Median Rent$784/month
Population2,030
Leading IndustriesConstruction · Agriculture & Mining · Transportation25% construction
Home Value Growth+9.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners84% of occupied units
NotableAffordable Market$153k median home · lower cost than 83% of the country
NotableVeteran Community8% of residents · top 27% nationally
Norman County East
MN

Explore Norman County East

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Norman County East?

As of today, the 30-year fixed mortgage rate for Norman County East is approximately 7.118% (7.164% 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 Norman County East?

The median home value in Norman County East is $153k. The median monthly rent is $784. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Norman County East?

Home values in Norman County East have increased 9.9% 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 Norman County East?

Based on a typical all-in ownership cost of $800/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 Norman County East is $76k/year.

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What industries drive the economy in Norman County East?

The largest employment sectors in Norman County East are agriculture and mining (25%) and construction (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.