The typical owner-occupied home in Bock is worth about $144,600, 56% below the Minnesota median of $329,300 and 57% below the national median of $332,700. The median household earns $48,333 a year, so the median home costs 3.0 times the median income (3.7 times for Minnesota). 88% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Bock at a glance
| Bock | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $144,600 | $329,300 | $332,700 |
| Median property tax paid per year | – | $3,357 | $3,119 |
| Median household income | $48,333 | $89,062 | $80,734 |
| Homes lived in by their owners | 88% | 72% | 65% |
| Owner homes with a mortgage | 30% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,563 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 42.5% | 19.7% | 21.0% |
| Median rent | – | $1,280 | $1,413 |
| Median year homes were built | 1953 | 1979 | 1980 |
| Vacant homes | 25.7% | 9.3% | 10.1% |
| Population | 49 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Bock
At this week's average 30-year rate of 7.11%, buying the median Bock home of $144,600 with 20% down costs about $971 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,212, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $41,614 for the 20%-down payment. That payment is 24% of the median Bock household income of $48,333; at that income and 20% down, the 28% guideline points to a home of about $168,000.
| Down payment | $28,920 |
|---|---|
| Loan amount | $115,680 |
| Principal and interest | $778 |
| Property taxes (1.10% a year) | $133 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| PMI | $0 |
| Total per month | $971 |
Change the numbers in the calculator
| Down payment | $5,061 |
|---|---|
| Loan amount | $141,981 |
| Principal and interest | $955 |
| Property taxes (1.10% a year) | $133 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| FHA mortgage insurance | $64 |
| Total per month | $1,212 |
Change the numbers in the calculator
Questions about home buying in Bock
What is the median home value in Bock?
About $144,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Bock?
For the median home with 20% down at 7.11%, the payment is about $971 a month. Keeping that under 28% of gross income takes about $41,614 a year.
More about Bock
- Mortgage Refinance in Bock
- Debt Relief in Bock
- Home Equity Loans in Bock
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data