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Watonwan County

Learn about the people, housing, costs and businesses in Watonwan County County

Median Home$157,874
Median Rent$828/month
Population11,205
Leading IndustriesInformation & Media · Wholesale Trade · Retail9% information & media
Home Value Growth⬆⬆+16.3% over 2 years
Family-Friendly26% of residentswell above average
Homeowners78% of occupied units
Watonwan County
MN

Frequently Asked Questions

What are today's mortgage rates in Watonwan County?

Mortgage rates for Watonwan County are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Watonwan County
What is the median home price in Watonwan County?

The median home value in Watonwan County is $158k. The median monthly rent is $828. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Watonwan County?

Home values in Watonwan County have increased 16.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Watonwan County?

Based on a typical all-in ownership cost of $838/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Watonwan County is $72k/year.

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What industries drive the economy in Watonwan County?

The largest employment sectors in Watonwan County are public administration (25%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas