Omaha Mortgage Calculator for Cologne, Minnesota (55322)

Free omaha mortgage calculator for residents of Cologne, Minnesota. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$77,230
per year in Cologne
MEDIAN HOME VALUE
$454,339
in Cologne, MN
HOUSING AFFORDABILITY: EXPENSIVE

Home prices are high relative to local incomes, making homeownership challenging.

Local Context for Cologne, Minnesota

In Cologne, Minnesota (Carver County, ZIP area), the median household income is $77,230 per year and the median home value is $454,339. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Cologne, Minnesota (ZIP 55322)

City Cologne, Minnesota
County Carver County
ZIP Code 55322
State Minnesota
Time Zone Chicago
Median Household Income $77,230/year
Median Home Value $454,339

Housing & Cost of Living — Cologne, Minnesota

Affordability Tier Affordable
Price-to-Income Ratio 3.3x
Est. Monthly Mortgage (20% down, 6.65%) $1,308/mo
Mortgage as % of Monthly Income 20.3%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 86 (Below Average)

A price-to-income ratio of 3.3x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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