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Yellow Medicine East

Learn about the people, housing, costs and businesses in Yellow Medicine East, Minnesota

Median Home$173,430
Median Rent$834/month
Population10,496
Leading IndustriesConstruction · Agriculture & Mining · Transportation13% construction
Home Value Growth⬆⬆⬆+23.9% over 2 years
Retirees22% of residentsslightly above average
Homeowners82% of occupied units
NotableAffordable Market$173k median home · lower cost than 73% of the country
NotableVeteran Community8% of residents · top 27% nationally
Yellow Medicine East
MN

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Yellow Medicine East?

As of today, the 30-year fixed mortgage rate for Yellow Medicine East is approximately 7.023% (7.067% 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 Yellow Medicine East?

The median home value in Yellow Medicine East is $173k. The median monthly rent is $834. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Yellow Medicine East?

Home values in Yellow Medicine East have increased 23.9% 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 Yellow Medicine East?

Based on a typical all-in ownership cost of $912/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Yellow Medicine East is $76k/year.

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What industries drive the economy in Yellow Medicine East?

The largest employment sectors in Yellow Medicine East are public administration (24%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.