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Pillager

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

Median Home$220,700
Median Rent$1,048/month
Population538
Leading IndustriesTransportation · Wholesale Trade · Public Administration4% transportation
Home Value Growth⬆⬆+18.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners83% of occupied units
Pillager
MN

Frequently Asked Questions

What are today's mortgage rates in Pillager?

As of today, the 30-year fixed mortgage rate for Pillager is approximately 6.968% (7.010% 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 Pillager?

The median home value in Pillager is $221k. The median monthly rent is $1,048. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pillager?

Home values in Pillager have increased 18.3% 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 Pillager?

Based on a typical all-in ownership cost of $1,013/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pillager is $65k/year.

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What industries drive the economy in Pillager?

The largest employment sectors in Pillager are public administration (27%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.