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Rushford-Peterson

Learn about the people, housing, costs and businesses in Rushford-Peterson, Minnesota

Median Home$191,206
Median Rent$1,020/month
Population60,018
Leading IndustriesPublic Administration · Manufacturing · Wholesale Trade29% public administration
Home Value Growth⬆⬆+17.3% over 2 years
Family-Friendly30% of residentstop 2% nationally
Homeowners79% of occupied units
Rushford-Peterson
MN

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

Frequently Asked Questions

What are today's mortgage rates in Rushford-Peterson?

As of today, the 30-year fixed mortgage rate for Rushford-Peterson is approximately 6.979% (7.018% 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 Rushford-Peterson?

The median home value in Rushford-Peterson is $191k. The median monthly rent is $1,020. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rushford-Peterson?

Home values in Rushford-Peterson have increased 17.3% 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 Rushford-Peterson?

Based on a typical all-in ownership cost of $992/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 Rushford-Peterson is $70k/year.

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What industries drive the economy in Rushford-Peterson?

The largest employment sectors in Rushford-Peterson are public administration (29%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.