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Nicollet County Housing Market

Minnesota · 87 counties · Ranked #2417 in home value

Below National Avg

Housing at a Glance

Median Home Value

$258,500

vs national$258,500 vs $281,900 national

Median Gross Rent

$931/mo

vs national$931 vs $1,163 national

Effective Tax Rate

1.12%

vs national+1.12% vs 1.02% national

Median Household Income

$80,362

vs national+$80,362 vs $74,755 national

Affordability Ratio

3.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,888

Tax as % of Home Value

1.12%

Monthly Owner Cost

$1,278

Renter Income

$42,056

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Frequently Asked Questions

What is the median home value in Nicollet County?

The median home value in Nicollet County is $258,500. This is below the national median of $281,900.

How much is rent in Nicollet County?

The median gross rent in Nicollet County is $931 per month.

What is the property tax rate in Nicollet County?

The effective property tax rate in Nicollet County is 1.12%. The median annual property tax bill is $2,888.

Is Nicollet County affordable?

With a home-value-to-income ratio of 3.2x, Nicollet County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.