$800,000
- 4 Beds
- 3.5 Baths
- 2,954 Sq Ft
4231 Nokomis Ave, Minneapolis, MN 55406
Michael Bartus Lakes Sotheby's International
Frequently Asked Questions
Is Ericsson a good place to live?
Ericsson is a good place to live, receiving 4.2 stars from its residents. Ericsson is considered somewhat walkable and a biker's paradise with good transit options. Ericsson has 6 parks for recreational activities. It is somewhat dense in population with 6.1 people per acre and a median age of 42. The average household income is $125,207 which is above the national average. College graduates make up 62.1% of residents. A majority of residents in Ericsson are home owners, with 25.5% of residents renting and 74.5% of residents owning their home. A local real estate agent serving Ericsson can help you decide if this neighborhood is the right one for you. Learn more on our Ericsson neighborhood guide.
Is Ericsson, MN a safe neighborhood?
Ericsson, MN is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Ericsson?
The median home price in Ericsson is $390,000. If you put a 20% down payment of $78,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $1,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in Ericsson. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Ericsson is $125K.
What are the best public schools in Ericsson?
The best public schools that serve Ericsson are:
- Northrop Elementary School has a B+ Niche grade and a student teacher ratio of 18:1.
- Sanford Middle School has a B Niche grade, a student teacher ratio of 18:1 and an average review score of 3.7.
- Lake Nokomis Wenonah Elementary School has a B Niche grade and a student teacher ratio of 13:1.
What are the best private schools in Ericsson?
The best private schools that serve Ericsson are:
- Our Lady Of Peace has an A+ Niche grade, a student teacher ratio of 11:1 and an average review score of 5.0.
- Highland Catholic School has an A Niche grade, a student teacher ratio of 22:1 and an average review score of 4.2.
- Risen Christ Catholic School has a student teacher ratio of 17:1 and an average review score of 3.0.
What are the most popular zip codes in Ericsson, Minneapolis, MN?
