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Apple Valley, MN

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
95
Average
Median Home Value
$354,200
National: $426,735
Median Rent
$1,678/mo
National: $1,527/mo
Household Income
$99,277
National: $84,532
Population
55,696
Purchasing Power
124
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
83 / 100
100 = national average
Rent Index
110 / 100
Overall Index
95
Average

Apple Valley Mortgage Calculator

Pre-filled with the local median home value of $354,200 and Minnesota's property tax rate of 1.11%.

Salary & Purchasing Power

Median household income is $99,277 17% above the national average.

What $99,277 in Apple Valley Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$157,798+59%
Los Angeles, CA$177,654+79%
Chicago, IL$84,647-15%
Houston, TX$74,196-25%

Property Tax in Apple Valley, MN

Est. Annual Property Tax
$3,932
Monthly Impact
$328
Added to your mortgage
Effective Rate
1.11%
National avg: ~1.00%

Minnesota Tax Overview

Tax TypeMinnesotaNational Avg
Property Tax Rate1.11%1.00%
Top Income Tax Rate9.85%~5.0%
State Sales Tax7.54%~5.0%

Compare Apple Valley to Another City

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Cost of Living Comparison

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Apple Valley, MN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Apple Valley, MN: 83
Rent Prices
110
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR