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White Bear Lake

Learn about the people, housing, costs and businesses in White Bear Lake, Minnesota

Median Home$367,187
Median Rent$1,594/month
Population67,401
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Education27% public administration
Home Value Growth+8.1% over 2 years
Young Adults25% of residents
Homeowners79% of occupied units
NotableHighly Educated30% bachelor's · 12% graduate · top 5% nationally
NotableHigh Incomes$104k/year · top 12% nationally
White Bear Lake
MN

Frequently Asked Questions

What are today's mortgage rates in White Bear Lake?

As of today, the 30-year fixed mortgage rate for White Bear Lake is approximately 6.910% (6.947% 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 White Bear Lake?

The median home value in White Bear Lake is $367k. The median monthly rent is $1,594. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in White Bear Lake?

Home values in White Bear Lake have increased 8.1% 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 White Bear Lake?

Based on a typical all-in ownership cost of $1,623/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in White Bear Lake is $104k/year.

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What industries drive the economy in White Bear Lake?

The largest employment sectors in White Bear Lake are public administration (27%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.