MONEY Magazine: Latest forecasts. Financing strategies. Renovation tips.

Duluth Population: 275,486
MN

Market forecast (June 2006-2007)	4.1%
5-year historical change (2001–2005):	56.7%
5-year historical change, average annual:	9.4%
Change last year:	9.2%
FORECAST FROM FISERV CSW AND MOODY'S ECONOMY.COM

Median home value:	$110,697
Median family income:	$54,850
Median home value to median family income:	2.0

Worst historical decline:	-3.0%
Last peak at beginning of decline:	1986:Q3
Last trough of decline:	1986:Q4

More places in Minnesota
Metro area	Market forecast (June 2006-June 2007)
Duluth	4.1%
Minneapolis-St. Paul-Bloomington	1.9%
Rochester	2.9%
St. Cloud	2.7%

Sources:
Population: U.S. Census Bureau, 2000
Median Family Income: U.S. Department of Housing and Development, 2005
Median Home Prices: Fiserv Lending Solutions, National Association of Realtors, 2005
Historical change: Fiserv Lending Solutions, OFHEO, 2001 – 2005
Market forecasts: Fiserv Lending Solutions and Moody's Economy.com, June 2006 – June 2007