Home/Minnesota/Watonwan County

Watonwan County Housing Market

Minnesota · 87 counties · Ranked #1171 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$151,600

vs national$151,600 vs $281,900 national

Median Gross Rent

$807/mo

vs national$807 vs $1,163 national

Effective Tax Rate

1.03%

vs national+1.03% vs 1.02% national

Median Household Income

$70,593

vs national$70,593 vs $74,755 national

Affordability Ratio

2.1x

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

Rent Burden

25.0%

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

More Housing Data

Property Tax (Median)

$1,557

Tax as % of Home Value

1.03%

Monthly Owner Cost

$888

Renter Income

$39,464

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Similar Counties by Home Value

Northumberland County

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Frequently Asked Questions

What is the median home value in Watonwan County?

The median home value in Watonwan County is $151,600. This is below the national median of $281,900.

How much is rent in Watonwan County?

The median gross rent in Watonwan County is $807 per month.

What is the property tax rate in Watonwan County?

The effective property tax rate in Watonwan County is 1.03%. The median annual property tax bill is $1,557.

Is Watonwan County affordable?

With a home-value-to-income ratio of 2.1x, Watonwan 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.