Omaha Mortgage Calculator for Waltham, Minnesota (55982)

Free omaha mortgage calculator for residents of Waltham, 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
$92,407
per year in Waltham
MEDIAN HOME VALUE
$281,139
in Waltham, MN
HOUSING AFFORDABILITY: AFFORDABLE

Home prices are reasonably accessible for median-income households in this area.

Local Context for Waltham, Minnesota

In Waltham, Minnesota (Mower County, ZIP area), the median household income is $92,407 per year and the median home value is $281,139. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Waltham, Minnesota (ZIP 55982)

City Waltham, Minnesota
County Mower County
ZIP Code 55982
State Minnesota
Time Zone Chicago
Median Household Income $92,407/year
Median Home Value $281,139

Housing & Cost of Living — Waltham, Minnesota

Affordability Tier Moderately Expensive
Price-to-Income Ratio 3.5x
Est. Monthly Mortgage (20% down, 6.65%) $1,661/mo
Mortgage as % of Monthly Income 21.6%
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 109 (Near National 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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