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Round Lake-Brewster

Learn about the people, housing, costs and businesses in Round Lake-Brewster, Minnesota

Median Home$169,258
Median Rent$816/month
Population1,615
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade13% construction
Home Value Growth⬆⬆⬆+22.6% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners82% of occupied units
NotableAffordable Market$169k median home · lower cost than 89% of the country
Round Lake-Brewster
MN

Explore Round Lake-Brewster

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

Frequently Asked Questions

What are today's mortgage rates in Round Lake-Brewster?

As of today, the 30-year fixed mortgage rate for Round Lake-Brewster is approximately 7.163% (7.210% 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 Round Lake-Brewster?

The median home value in Round Lake-Brewster is $169k. The median monthly rent is $816. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Round Lake-Brewster?

Home values in Round Lake-Brewster have increased 22.6% 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 Round Lake-Brewster?

Based on a typical all-in ownership cost of $807/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Round Lake-Brewster is $78k/year.

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What industries drive the economy in Round Lake-Brewster?

The largest employment sectors in Round Lake-Brewster are public administration (23%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.