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Austin city, MN

ZIP 55912 — 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 55912

Median Home Value
$161,800
Median Rent
$712
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,039/mo PITI).

13%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.9 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 55912 in Austin city, MN, a household would need roughly $45,000 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 $1,039. That sits below the local median household income ($68,205), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
72.2%+10% vs US avg
x
Vacancy Rate
8.6%-17% vs US avg
x
Broadband Access
87.7%+1% vs US avg
x
4+ Bedrooms
5.1%-66% vs US avg
x
Built Pre-1939
11.9%-7% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
21.4%-57% vs US avg
x
Mortgage-Free
39.1%+2% vs US avg
x
$161,800
Home Value
$712
Rent
1957
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 detached73.4%
  • 1-unit attached4.4%
  • 2-9 units9.7%
  • 10+ units10.3%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$161,800
Median rent$712
Owner-occupied72.2%
Vacant8.6%
Price-to-income2.4x
Est. income to buy$45,000