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Waldorf

Learn about the people, housing, costs and businesses in Waldorf, Minnesota

Median Home$197,300
Median Rent$784/month
Population197
Leading IndustriesConstruction · Finance & Insurance · Agriculture & Mining7% construction
Home Value Growth+6.7% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners88% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHigh Incomes$85k/year · top 30% nationally
Waldorf
MN

Frequently Asked Questions

What are today's mortgage rates in Waldorf?

As of today, the 30-year fixed mortgage rate for Waldorf 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 Waldorf?

The median home value in Waldorf is $197k. The median monthly rent is $784. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Waldorf?

Home values in Waldorf have increased 6.7% 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 Waldorf?

Based on a typical all-in ownership cost of $939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Waldorf is $85k/year.

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What industries drive the economy in Waldorf?

The largest employment sectors in Waldorf are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.