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Wright city, MN

ZIP 55798 — 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 55798

Median Home Value
$216,200
Median Rent
$485
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,389/mo PITI).

7%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

37.1 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 55798 in Wright city, MN, a household would need roughly $60,000 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 $1,389. That sits below the local median household income ($78,929), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 47% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
87.7%+34% vs US avg
x
Vacancy Rate
47.2%+358% vs US avg
x
Broadband Access
91.1%+5% vs US avg
x
4+ Bedrooms
4.7%-68% vs US avg
x
Built Pre-1939
8.3%-35% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
41.4%-17% vs US avg
x
Mortgage-Free
38.2%-0% vs US avg
x
$216,200
Home Value
$485
Rent
1979
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached85.0%
  • 1-unit attached0.7%
  • 2-9 units3.1%
  • 10+ units0.0%
  • Mobile home & other11.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$216,200
Median rent$485
Owner-occupied87.7%
Vacant47.2%
Price-to-income2.7x
Est. income to buy$60,000