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Waite Park, 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
59
Very Affordable
Median Home Value
$217,000
National: $426,735
Median Rent
$1,072/mo
National: $1,527/mo
Household Income
$56,884
National: $84,532
Population
8,341
Purchasing Power
114
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
51 / 100
100 = national average
Rent Index
70 / 100
Overall Index
59
Very Affordable

Waite Park Mortgage Calculator

Pre-filled with the local median home value of $217,000 and Minnesota's property tax rate of 1.11%.

Salary & Purchasing Power

Median household income is $56,884 33% below the national average.

What $56,884 in Waite Park Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$145,584+156%
Los Angeles, CA$163,903+188%
El Paso, TX$50,135-12%
Detroit, MI$38,565-32%

Property Tax in Waite Park, MN

Est. Annual Property Tax
$2,409
Monthly Impact
$201
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 Waite Park to Another City

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Cost of Living Comparison

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Waite Park, MN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Waite Park, MN: 51
Rent Prices
70
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