Omaha Mortgage Calculator for Raymond, Minnesota (56282)

Free omaha mortgage calculator for residents of Raymond, 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 Raymond
MEDIAN HOME VALUE
$255,007
in Raymond, MN
HOUSING AFFORDABILITY: VERY AFFORDABLE

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

Local Context for Raymond, Minnesota

In Raymond, Minnesota (Kandiyohi County, ZIP area), the median household income is $92,407 per year and the median home value is $255,007. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Raymond, Minnesota (ZIP 56282)

City Raymond, Minnesota
County Kandiyohi County
ZIP Code 56282
State Minnesota
Time Zone Chicago
Median Household Income $92,407/year
Median Home Value $255,007

Housing & Cost of Living — Raymond, 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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