Cost of Living in Watonwan County, MN
Population 11,205 · Census ACS 2020–2024 5-year estimates
The median rent in Watonwan County, MN is $834/month, 35% lower than the Minnesota median and 41% lower than the U.S. median. The median home value is $162,400, 51% lower than the national median. Households earn a median of $71,699 a year, 19% lower than the state median.
Affordability
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Watonwan County vs. Minnesota vs. U.S.
| Watonwan County | Minnesota | U.S. | |
|---|---|---|---|
| Median rent | $834 | $1,280 | $1,413 |
| Median home value | $162,400 | $329,300 | $332,700 |
| Median household income | $71,699 | $89,062 | $80,734 |
| Homeownership rate | 77.8% | 72.2% | 65.2% |
| Bachelor's degree or higher | 17.2% | 39.4% | 35.7% |
| Poverty rate | 13.2% | 9.3% | 12.5% |
| Unemployment rate | 5.3% | 4.1% | 5.2% |
| Work from home | 8.1% | 17.6% | 15.1% |
| Median age | 40.8 | 38.8 | 38.9 |
FAQ
What is the average rent in Watonwan County, MN?
The median gross rent in Watonwan County, MN is $834 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Watonwan County, MN?
Using the common 30% rule, renting a median-priced home takes about $33,360 a year in gross income.
Is Watonwan County, MN expensive to live in?
Rent there is 41% lower than the U.S. median, and the median home costs about 2.3 times the median household income.
Other counties in Minnesota
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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