The typical owner-occupied home in Vining is worth about $125,000, 62% below the Minnesota median of $329,300 and 62% below the national median of $332,700. Owners pay a median $875 a year in property taxes, about 0.70% of their home's value, lower than the Minnesota rate of 1.02%. 97% of occupied homes here are lived in by their owners, and 79% of those owners still have a mortgage.
Vining at a glance
| Vining | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $125,000 | $329,300 | $332,700 |
| Median property tax paid per year | $875 | $3,357 | $3,119 |
| Property tax as a share of value | 0.70% | 1.02% | 0.94% |
| Median household income | – | $89,062 | $80,734 |
| Homes lived in by their owners | 97% | 72% | 65% |
| Owner homes with a mortgage | 79% | 64% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 19.7% | 21.0% |
| Median rent | – | $1,280 | $1,413 |
| Median year homes were built | 1938 | 1979 | 1980 |
| Vacant homes | 27.5% | 9.3% | 10.1% |
| Population | 86 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Vining
At this week's average 30-year rate of 7.11%, buying the median Vining home of $125,000 with 20% down costs about $798 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,006, 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 $34,188 for the 20%-down payment.
| Down payment | $25,000 |
|---|---|
| Loan amount | $100,000 |
| Principal and interest | $673 |
| Property taxes (0.70% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| PMI | $0 |
| Total per month | $798 |
Change the numbers in the calculator
| Down payment | $4,375 |
|---|---|
| Loan amount | $122,736 |
| Principal and interest | $826 |
| Property taxes (0.70% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| FHA mortgage insurance | $55 |
| Total per month | $1,006 |
Change the numbers in the calculator
Questions about home buying in Vining
What is the median home value in Vining?
About $125,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Vining?
Homeowners pay a median $875 a year, which is about 0.70% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Vining?
For the median home with 20% down at 7.11%, the payment is about $798 a month. Keeping that under 28% of gross income takes about $34,188 a year.
More about Vining
- Mortgage Refinance in Vining
- Debt Relief in Vining
- Home Equity Loans in Vining
- 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