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St. Marys Point

Learn about the people, housing, costs and businesses in St. Marys Point, Minnesota

Median Home$383,500
Median Rent$1,617/month
Population351
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation16% healthcare
Home Value Growth-1.6% over 2 years
Retirees27% of residentsabove average nationally
Homeowners91% of occupied units
NotableHighly Educated31% bachelor's · 13% graduate · top 7% nationally
NotableHigh Incomes$103k/year · top 15% nationally
St. Marys Point
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 St. Marys Point?

As of today, the 30-year fixed mortgage rate for St. Marys Point is approximately 6.965% (7.004% 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 St. Marys Point?

The median home value in St. Marys Point is $384k. The median monthly rent is $1,617. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in St. Marys Point?

Home values in St. Marys Point have decreased 1.6% over the past two years. Buyers may find more negotiating room in this market. 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 St. Marys Point?

Based on a typical all-in ownership cost of $1,434/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in St. Marys Point is $103k/year.

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What industries drive the economy in St. Marys Point?

The largest employment sectors in St. Marys Point are public administration (26%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.