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Westonka Public

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

Median Home$312,288
Median Rent$1,059/month
Population48,206
Leading IndustriesTransportation · Wholesale Trade · Healthcare4% transportation
Home Value Growth+8.9% over 2 years
Retirees22% of residentsslightly above average
Homeowners76% of occupied units
Westonka Public
MN

Frequently Asked Questions

What are today's mortgage rates in Westonka Public?

As of today, the 30-year fixed mortgage rate for Westonka Public is approximately 6.911% (6.948% 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 Westonka Public?

The median home value in Westonka Public is $312k. The median monthly rent is $1,059. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Westonka Public?

Home values in Westonka Public have increased 8.9% 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 Westonka Public?

Based on a typical all-in ownership cost of $1,276/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Westonka Public is $86k/year.

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What industries drive the economy in Westonka Public?

The largest employment sectors in Westonka Public are public administration (22%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.