The typical owner-occupied home in Saint Paul Park is worth about $263,500, 20% below the Minnesota median of $329,300 and 21% below the national median of $332,700. Owners pay a median $3,102 a year in property taxes, about 1.18% of their home's value, higher than the Minnesota rate of 1.02%. The median household earns $100,642 a year, so the median home costs 2.6 times the median income (3.7 times for Minnesota). 76% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Saint Paul Park at a glance
| Saint Paul Park | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $263,500 | $329,300 | $332,700 |
| Median property tax paid per year | $3,102 | $3,357 | $3,119 |
| Property tax as a share of value | 1.18% | 1.02% | 0.94% |
| Median household income | $100,642 | $89,062 | $80,734 |
| Homes lived in by their owners | 76% | 72% | 65% |
| Owner homes with a mortgage | 50% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,853 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 20.2% | 19.7% | 21.0% |
| Median rent | $2,174 | $1,280 | $1,413 |
| Rent as a share of renters' income | 27.4% | 29.2% | 30.6% |
| Median year homes were built | 1973 | 1979 | 1980 |
| Vacant homes | 2.8% | 9.3% | 10.1% |
| Population | 5,457 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Saint Paul Park
At this week's average 30-year rate of 7.11%, buying the median Saint Paul Park home of $263,500 with 20% down costs about $1,787 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,226, 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 $76,584 for the 20%-down payment. That payment is 21% of the median Saint Paul Park household income of $100,642; at that income and 20% down, the 28% guideline points to a home of about $346,000.
The median rent here is $2,174 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $52,700 |
|---|---|
| Loan amount | $210,800 |
| Principal and interest | $1,418 |
| Property taxes (1.18% a year) | $259 |
| Homeowners insurance (our estimate, 0.5% a year) | $110 |
| PMI | $0 |
| Total per month | $1,787 |
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| Down payment | $9,222 |
|---|---|
| Loan amount | $258,727 |
| Principal and interest | $1,740 |
| Property taxes (1.18% a year) | $259 |
| Homeowners insurance (our estimate, 0.5% a year) | $110 |
| FHA mortgage insurance | $117 |
| Total per month | $2,226 |
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Questions about home buying in Saint Paul Park
What is the median home value in Saint Paul Park?
About $263,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Paul Park?
Homeowners pay a median $3,102 a year, which is about 1.18% 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 Saint Paul Park?
For the median home with 20% down at 7.11%, the payment is about $1,787 a month. Keeping that under 28% of gross income takes about $76,584 a year.
More about Saint Paul Park
- Mortgage Refinance in Saint Paul Park
- Debt Relief in Saint Paul Park
- Home Equity Loans in Saint Paul Park
- 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