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Wabasso Public

Learn about the people, housing, costs and businesses in Wabasso Public, Minnesota

Median Home$199,680
Median Rent$863/month
Population6,790
Leading IndustriesAgriculture & Mining · Construction · Manufacturing26% agriculture & mining
Home Value Growth⬆⬆⬆+36.4% over 2 years
Young Adults35% of residentstop 4% nationally
Homeowners80% of occupied units
Wabasso Public
MN

Frequently Asked Questions

What are today's mortgage rates in Wabasso Public?

As of today, the 30-year fixed mortgage rate for Wabasso Public is approximately 6.952% (6.990% 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 Wabasso Public?

The median home value in Wabasso Public is $200k. The median monthly rent is $863. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wabasso Public?

Home values in Wabasso Public have increased 36.4% 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 Wabasso Public?

Based on a typical all-in ownership cost of $831/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wabasso Public is $86k/year.

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What industries drive the economy in Wabasso Public?

The largest employment sectors in Wabasso Public are agriculture and mining (26%) and construction (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.