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Kasota

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

Median Home$376,500
Median Rent$921/month
Population677
Leading IndustriesWholesale Trade · Public Administration · Transportation11% wholesale trade
Home Value Growth⬆⬆+19.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners87% of occupied units
NotableHigh Incomes$100k/year · top 17% nationally
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Kasota
MN

Frequently Asked Questions

What are today's mortgage rates in Kasota?

As of today, the 30-year fixed mortgage rate for Kasota is approximately 6.965% (7.004% 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 Kasota?

The median home value in Kasota is $377k. The median monthly rent is $921. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kasota?

Home values in Kasota have increased 19.3% 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 Kasota?

Based on a typical all-in ownership cost of $1,291/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kasota is $100k/year.

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What industries drive the economy in Kasota?

The largest employment sectors in Kasota are public administration (27%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.