Omaha Mortgage Calculator for Alexandria, Minnesota (56308)

Free omaha mortgage calculator for residents of Alexandria, 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
$73,689
per year in Alexandria
MEDIAN HOME VALUE
$358,666
in Alexandria, MN
HOUSING AFFORDABILITY: MODERATELY AFFORDABLE

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

Local Context for Alexandria, Minnesota

In Alexandria, Minnesota (Douglas County, ZIP area), the median household income is $73,689 per year and the median home value is $358,666. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Alexandria, Minnesota (ZIP 56308)

City Alexandria, Minnesota
County Douglas County
ZIP Code 56308
State Minnesota
Time Zone Chicago
Median Household Income $73,689/year
Median Home Value $358,666

Housing & Cost of Living — Alexandria, Minnesota

Affordability Tier Affordable
Price-to-Income Ratio 3.2x
Est. Monthly Mortgage (20% down, 6.65%) $1,225/mo
Mortgage as % of Monthly Income 19.9%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 80 (Below Average)

A price-to-income ratio of 3.2x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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