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Woodbury

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

Median Home$447,580
Median Rent$1,968/month
Population78,305
Leading IndustriesArts, Food & Hospitality · Retail · Professional Services9% arts, food & hospitality
Home Value Growth+6.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners78% of occupied units
NotableHighly Educated39% bachelor's · 15% graduate · top 1% nationally
NotableHigh Incomes$132k/year · top 6% nationally
Woodbury
MN

Frequently Asked Questions

What are today's mortgage rates in Woodbury?

As of today, the 30-year fixed mortgage rate for Woodbury is approximately 6.872% (6.907% 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 Woodbury?

The median home value in Woodbury is $448k. The median monthly rent is $1,968. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Woodbury?

Home values in Woodbury have increased 6.9% 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 Woodbury?

Based on a typical all-in ownership cost of $1,998/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $86k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Woodbury is $132k/year.

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What industries drive the economy in Woodbury?

The largest employment sectors in Woodbury are public administration (26%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.