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Plainview

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

Median Home$246,800
Median Rent$831/month
Population3,498
Leading IndustriesPublic Administration · Manufacturing · Finance & Insurance38% public administration
Home Value Growth⬆⬆+12.8% over 2 years
Family-Friendly32% of residentstop 2% nationally
Homeowners84% of occupied units
NotableAmenity Score73/100 · highly walkable area
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Plainview
MN

Frequently Asked Questions

What are today's mortgage rates in Plainview?

As of today, the 30-year fixed mortgage rate for Plainview is approximately 7.047% (7.088% 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 Plainview?

The median home value in Plainview is $247k. The median monthly rent is $831. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Plainview?

Home values in Plainview have increased 12.8% 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 Plainview?

Based on a typical all-in ownership cost of $1,051/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 Plainview is $84k/year.

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What industries drive the economy in Plainview?

The largest employment sectors in Plainview are public administration (38%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.