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Braham city, MN

ZIP 55006 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 55006

Median Home Value
$209,100
Median Rent
$750
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,343/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 55006 in Braham city, MN, a household would need roughly $58,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,343. That is roughly in line with the local median household income ($64,167). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
79.3%+21% vs US avg
x
Vacancy Rate
10.9%+6% vs US avg
x
Broadband Access
84.3%-3% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
4.2%-67% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
19.8%-60% vs US avg
x
Mortgage-Free
41.8%+9% vs US avg
x
$209,100
Home Value
$750
Rent
1978
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.0%
  • 1-unit attached4.0%
  • 2-9 units3.9%
  • 10+ units8.8%
  • Mobile home & other10.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$209,100
Median rent$750
Owner-occupied79.3%
Vacant10.9%
Price-to-income3.3x
Est. income to buy$58,000