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Wadena County Housing Market

Minnesota · 87 counties · Ranked #1505 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$170,500

vs national$170,500 vs $281,900 national

Median Gross Rent

$706/mo

vs national$706 vs $1,163 national

Effective Tax Rate

1.04%

vs national+1.04% vs 1.02% national

Median Household Income

$56,882

vs national$56,882 vs $74,755 national

Affordability Ratio

3x

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

Rent Burden

25.0%

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

More Housing Data

Property Tax (Median)

$1,773

Tax as % of Home Value

1.04%

Monthly Owner Cost

$883

Renter Income

$33,265

Frequently Asked Questions

What is the median home value in Wadena County?
The median home value in Wadena County is $170,500. This is below the national median of $281,900.
How much is rent in Wadena County?
The median gross rent in Wadena County is $706 per month.
What is the property tax rate in Wadena County?
The effective property tax rate in Wadena County is 1.04%. The median annual property tax bill is $1,773.
Is Wadena County affordable?
With a home-value-to-income ratio of 3x, Wadena County is considered 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.