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Twin Valley

Learn about the people, housing, costs and businesses in Twin Valley, Minnesota

Median Home$152,600
Median Rent$784/month
Population723
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing18% construction
Home Value Growth+9.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners84% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$153k median home · lower cost than 73% of the country
Twin Valley
MN

Frequently Asked Questions

What are today's mortgage rates in Twin Valley?

As of today, the 30-year fixed mortgage rate for Twin Valley is approximately 7.118% (7.164% 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 Twin Valley?

The median home value in Twin Valley is $153k. The median monthly rent is $784. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Twin Valley?

Home values in Twin Valley have increased 9.9% over the past two years. This represents moderate growth. 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 Twin Valley?

Based on a typical all-in ownership cost of $800/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Twin Valley is $76k/year.

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What industries drive the economy in Twin Valley?

The largest employment sectors in Twin Valley are public administration (23%) and agriculture and mining (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.