45477 Ridgetop Road

Property details·Cleveland, Le Sueur County, Minnesota·01.032.2700

4Beds
3Baths
2,155Sq ft
5.03Acres
2004Built

Location & Identity

Address

45477 Ridgetop Road

Cleveland, MN 56017

Le Sueur County

Parcel ID

01.032.2700

Coordinates

44.290415, -93.859535

Owner & Record Identity

Owner Name
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Building details

Bedrooms
4
Bathrooms
3
Full / half
3 full · 0 half
Square footage
2,155
Stories
1
Year built
2004
Garage
4-car
Building style
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Building condition
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Heating & AC
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Pool & features
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Land & lot

Lot size
5.03 acres
Property type (local use code)
1001
Land area
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Lot dimensions
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County context

Le Sueur County 2026 Insights

Le Sueur County, Minnesota: Affordable Heartland with a Surprising Income Story

Tucked into the Minnesota River Valley between Minneapolis and Mankato, Le Sueur County is the kind of place that rarely makes headlines — and that's precisely what makes it worth a closer look. Home to the Green Giant's original sweet corn fields (the brand was literally founded in Le Sueur), this agricultural county of under 29,000 people has quietly built one of the more economically resilient profiles in rural Minnesota.

The headline number: a median household income of $90,218, which clears the national median by nearly $15,000 and suggests this isn't a struggling farm county scraping by. Food processing, manufacturing, and proximity to the Twin Cities labor market have created a working-class economy that actually pays. Yet the education profile is decidedly vocational — only 18.2% hold bachelor's degrees, well below Minnesota's statewide average near 37%. This is a county that generates real income without the credential economy, a combination increasingly rare in 21st-century America.

A Housing Market That Still Makes Sense

At $287,700, the median home value sits below the national benchmark of $320,000 — remarkable given the income levels here. That translates to a price-to-income ratio of roughly 3.2x, under the already-stressed national benchmark of 4x. For buyers, Le Sueur County remains one of the genuinely affordable corners of the upper Midwest. An 81% homeownership rate — 15 points above the national average — confirms that residents are converting that affordability into equity at scale.

The housing stock is overwhelmingly single-family (81.8%), low-density, and car-dependent in the classic rural Minnesota mold. With a vacancy rate of 11.4%, there's slack in the market, which helps keep prices grounded.

The Renter Paradox

Here's the tension hiding beneath the ownership story: renters are getting squeezed hard. A rent burden rate of 45.3% — well above the 30% threshold considered financially healthy — and a severe rent burden rate of 22.4% suggest that the county's rental stock is badly mismatched to the incomes of those who need it. With median rent at just $885, the problem isn't that rents are high in absolute terms; it's that the renters here earn considerably less than the median household. In a county where ownership is the default, the rental market is thin, underinvested, and punishing for those who can't get in.

Key Statistics

StatValueContext
Median Household Income$90,21820% above national median
Homeownership Rate81.0%far above national avg of ~65%
Price-to-Income Ratio3.2xwell under 4x national benchmark
Severe Rent Burden22.4%over 1 in 5 renters cost-stressed

What makes Le Sueur County unique? It's one of the few rural Minnesota counties where high homeownership, below-average home prices, and above-average incomes coexist — a trifecta that's vanishing from most of the country. Add in the Green Giant agricultural heritage and a location within commuting range of the Twin Cities metro, and you have a county that functions as an affordable pressure valve for families priced out of the urban core.

Is Le Sueur County a good place to buy a home? By the numbers, yes — for buyers. The price-to-income ratio is among the most favorable in the region, ownership rates are high, and the vacancy rate suggests options exist. The caveat is that the rental market is underdeveloped, so renters transitioning to ownership should move deliberately.

Why is the limited English rate so high for a rural county? At 16.7%, the limited English proficiency rate reflects decades of immigration tied to food processing and agricultural labor — a pattern common across Minnesota's River Valley counties where meatpacking and vegetable processing plants have drawn workers from Latin America and Southeast Asia.

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