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Pemberton

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

Median Home$226,700
Median Rent$823/month
Population234
Leading IndustriesArts, Food & Hospitality · Professional Services · Healthcare8% arts, food & hospitality
Home Value Growth+8.0% over 2 years
Young Adults42% of residentstop 2% nationally
Homeowners85% of occupied units
NotableHighly Educated30% bachelor's · 13% graduate · top 9% nationally
NotableHigh Incomes$93k/year · top 22% nationally
Pemberton
MN

Frequently Asked Questions

What are today's mortgage rates in Pemberton?

As of today, the 30-year fixed mortgage rate for Pemberton is approximately 6.870% (6.905% 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 Pemberton?

The median home value in Pemberton is $227k. The median monthly rent is $823. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pemberton?

Home values in Pemberton have increased 8.0% 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 Pemberton?

Based on a typical all-in ownership cost of $1,183/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pemberton is $93k/year.

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What industries drive the economy in Pemberton?

The largest employment sectors in Pemberton are public administration (25%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.