Quick facts: Sabin, MN

Quick Facts

102.8
Cost of Living
above US average
610
Population
16.39
Crime Rate per 1000
below US average
$118,750
Median Income
above US average
$489,000
Median House Price
above US average
$1560
Average Rent
above US average
Poverty rate Data is updating, will be available soon
2.5%
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 $118,750.

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Income Needed to Buy

βœ— Stretch
$153k/year
Based on $489,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $153k vs median $118,750
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Income Needed to Rent

βœ“ Affordable
$67k/year
Based on $1560/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($118,750) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sabin, MN

Sabin is a small city located in Clay County, Minnesota, United States. Situated just west of the Red River, which forms the border between Minnesota and North Dakota, Sabin is part of the Fargo-Moorhead Metropolitan area and offers residents a quaint, community-oriented lifestyle with rural charm. The population of Sabin is modest, fostering a close-knit environment. The city is known for its family-friendly atmosphere, with local parks and recreational opportunities promoting outdoor activities. Residents can enjoy fishing, hiking, and various community events throughout the year. Sabin's proximity to larger cities like Moorhead and Fargo provides access to more extensive amenities, shopping, and dining options while allowing residents to retreat to a quieter home life. The local economy is primarily based on agriculture and small businesses, reflecting the city's rural roots. For education, Sabin is served by the Dilworth-Glyndon-Felton School District, ensuring quality schooling options for families. Overall, Sabin is an inviting place for those seeking a peaceful lifestyle while remaining connected to urban conveniences.

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