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Tri-City United

Learn about the people, housing, costs and businesses in Tri-City United, Minnesota

Median Home$315,498
Median Rent$978/month
Population14,045
Leading IndustriesWholesale Trade · Retail · Transportation12% wholesale trade
Home Value Growth⬆⬆+15.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners85% of occupied units
NotableHigh Incomes$95k/year · top 19% nationally
Tri-City United
MN

Frequently Asked Questions

What are today's mortgage rates in Tri-City United?

As of today, the 30-year fixed mortgage rate for Tri-City United is approximately 6.985% (7.024% 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 Tri-City United?

The median home value in Tri-City United is $315k. The median monthly rent is $978. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tri-City United?

Home values in Tri-City United have increased 15.3% 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 Tri-City United?

Based on a typical all-in ownership cost of $1,459/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tri-City United is $95k/year.

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What industries drive the economy in Tri-City United?

The largest employment sectors in Tri-City United are public administration (23%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.