What is the median home price in Foley?

The median home price in Foley, Foley city, Minnesota is $178,900, which is 37% below the national average of 281,900 ($281,900).

Foley, Foley city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the median household income in Foley?

The median household income in Foley, Foley city, Minnesota is $71,576, which is 4% below the national average of 74,580 ($74,580).

What is the average rent in Foley?

The median rent in Foley, Foley city, Minnesota is $792 per month. The national average median rent is $1,163/month.

What is the population of Foley?

The population of Foley, Foley city, Minnesota is approximately 2,695. The homeownership rate is 68.5% (national average: 65.9%).

What is the unemployment rate in Foley?

The unemployment rate in Foley, Foley city, Minnesota is 4.6%. The national average unemployment rate is 3.7%. The poverty rate is 13.4% (national average: 12.4%).

Foley

Foley city, Minnesota

Affordable

About Foley

Alright, let me paint you a picture of Foley, Minnesota. Nestled in the heart of the state, Foley offers a refreshing alternative to the hustle and bustle of city life, all while keeping your wallet happy. With a population of just under 2,700, this tight-knit community exudes a friendly, small-town atmosphere where neighbors know each other. The real kicker? Housing here is incredibly accessible. You're looking at a median home value of around $178,900, significantly below the national average. Imagine the possibilities! It's a place where you can truly put down roots without breaking the bank.

From an investment perspective, Foley presents a compelling case. The median household income hovers around $71,576, which is pretty close to the national average, indicating a stable economic base. While specific employment figures aren't readily available, the overall economic health of the area is solid, and the affordable housing market makes it attractive to first-time homebuyers and those seeking a more relaxed pace of life. Foley is an excellent choice for families, retirees, or anyone seeking a safe, affordable, and welcoming community in the heart of Minnesota.

Foley, Minnesota at a Glance

Foley is a city in Foley city, Minnesota with a population of approximately 2,695. The median home value is $178,900 and the median household income is $71,576.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $792 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.