Omaha Mortgage Calculator for Waseca, Minnesota (56093)

Free omaha mortgage calculator for residents of Waseca, 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
$95,189
per year in Waseca
MEDIAN HOME VALUE
$246,380
in Waseca, MN
HOUSING AFFORDABILITY: VERY AFFORDABLE

Home prices are well within reach for median-income households in this area.

Local Context for Waseca, Minnesota

In Waseca, Minnesota (Waseca County, ZIP area), the median household income is $95,189 per year and the median home value is $246,380. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Waseca, Minnesota (ZIP 56093)

City Waseca, Minnesota
County Waseca County
ZIP Code 56093
State Minnesota
Time Zone Chicago
Median Household Income $95,189/year
Median Home Value $246,380

Housing & Cost of Living — Waseca, Minnesota

Affordability Tier Moderately Expensive
Price-to-Income Ratio 3.5x
Est. Monthly Mortgage (20% down, 6.65%) $1,726/mo
Mortgage as % of Monthly Income 21.8%
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 113 (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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