Omaha Mortgage Calculator for Waconia, Minnesota (55387)

Free omaha mortgage calculator for residents of Waconia, 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
$93,671
per year in Waconia
MEDIAN HOME VALUE
$461,148
in Waconia, MN
HOUSING AFFORDABILITY: MODERATELY AFFORDABLE

Home prices require a significant portion of household income in this area.

Local Context for Waconia, Minnesota

In Waconia, Minnesota (Carver County, ZIP area), the median household income is $93,671 per year and the median home value is $461,148. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Waconia, Minnesota (ZIP 55387)

City Waconia, Minnesota
County Carver County
ZIP Code 55387
State Minnesota
Time Zone Chicago
Median Household Income $93,671/year
Median Home Value $461,148

Housing & Cost of Living — Waconia, Minnesota

Affordability Tier Moderately Expensive
Price-to-Income Ratio 3.5x
Est. Monthly Mortgage (20% down, 6.65%) $1,691/mo
Mortgage as % of Monthly Income 21.7%
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 111 (Above Average)

With a price-to-income ratio of 3.5x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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