Omaha Mortgage Calculator for Prior Lake, Minnesota (55372)

Free omaha mortgage calculator for residents of Prior Lake, 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
$89,877
per year in Prior Lake
MEDIAN HOME VALUE
$522,253
in Prior Lake, MN
HOUSING AFFORDABILITY: EXPENSIVE

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

Local Context for Prior Lake, Minnesota

In Prior Lake, Minnesota (Scott County, ZIP area), the median household income is $89,877 per year and the median home value is $522,253. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Prior Lake, Minnesota (ZIP 55372)

City Prior Lake, Minnesota
County Scott County
ZIP Code 55372
State Minnesota
Time Zone Chicago
Median Household Income $89,877/year
Median Home Value $522,253

Housing & Cost of Living — Prior Lake, Minnesota

Affordability Tier Affordable
Price-to-Income Ratio 3.5x
Est. Monthly Mortgage (20% down, 6.65%) $1,603/mo
Mortgage as % of Monthly Income 21.4%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Mid-Range Market
Cost of Living Index 105 (Near National Average)

A price-to-income ratio of 3.5x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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