Quick facts: Bertha, MN

Quick Facts

102.8
Cost of Living
above US average
554
Population
5.42
Crime Rate per 1000
below US average
$51,094
Median Income
below US average
$175,000
Median House Price
above US average
$1560
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $51,094.

🏠

Income Needed to Buy

βœ— Stretch
$55k/year
Based on $175,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $55k vs median $51,094
🏒

Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1560/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $51,094
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bertha, MN

Bertha is a small city located in Wadena County, Minnesota. Known for its close-knit community and scenic surroundings, Bertha has a population of around 1,000 residents. The city is situated in the heart of the Brainerd Lakes area, offering access to beautiful lakes and outdoor recreational activities, including fishing, hiking, and biking. The local economy is driven by agriculture, small businesses, and services, contributing to a rural lifestyle. Bertha is home to several parks and community facilities, providing residents with spaces for recreation and gatherings. The annual events, like community fairs and local celebrations, foster a sense of unity among residents. Education is served by the Bertha-Hewitt School District, offering quality schooling for families. The city's charming atmosphere, coupled with a strong sense of community, makes Bertha an inviting place to live and visit, embodying the essence of small-town America while being surrounded by the natural beauty of Minnesota's landscape.

πŸ” Search & Compare Places

First Location πŸ“