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Dalton

Learn about the people, housing, costs and businesses in Dalton, Minnesota

Median Home$331,700
Median Rent$761/month
Population207
Leading IndustriesPublic Administration · Information & Media · Finance & Insurance31% public administration
Home Value Growth⬆⬆+16.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners96% of occupied units
NotableTransit84/100 · excellent transit access
NotableHigh Incomes$106k/year · top 14% nationally
Dalton
MN

Frequently Asked Questions

What are today's mortgage rates in Dalton?

As of today, the 30-year fixed mortgage rate for Dalton is approximately 6.929% (6.966% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Dalton?

The median home value in Dalton is $332k. The median monthly rent is $761. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dalton?

Home values in Dalton have increased 16.6% 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 Dalton?

Based on a typical all-in ownership cost of $1,108/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dalton is $106k/year.

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What industries drive the economy in Dalton?

The largest employment sectors in Dalton are public administration (31%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.