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Pierz

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

Median Home$271,100
Median Rent$923/month
Population1,458
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining14% wholesale trade
Home Value Growth⬆⬆⬆+27.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners87% of occupied units
Pierz
MN

Frequently Asked Questions

What are today's mortgage rates in Pierz?

As of today, the 30-year fixed mortgage rate for Pierz is approximately 6.982% (7.021% 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 Pierz?

The median home value in Pierz is $271k. The median monthly rent is $923. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pierz?

Home values in Pierz have increased 27.6% 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 Pierz?

Based on a typical all-in ownership cost of $1,061/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pierz is $77k/year.

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What industries drive the economy in Pierz?

The largest employment sectors in Pierz are public administration (23%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.