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Kasson-Mantorville

Learn about the people, housing, costs and businesses in Kasson-Mantorville, Minnesota

Median Home$241,572
Median Rent$1,410/month
Population87,383
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation14% healthcare
Home Value Growth⬆⬆⬆+22.1% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners63% of occupied units
NotableHighly Educated22% hold a bachelor's degree · top 24% nationally
Kasson-Mantorville
MN

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Frequently Asked Questions

What are today's mortgage rates in Kasson-Mantorville?

As of today, the 30-year fixed mortgage rate for Kasson-Mantorville is approximately 6.958% (6.996% 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 Kasson-Mantorville?

The median home value in Kasson-Mantorville is $242k. The median monthly rent is $1,410. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kasson-Mantorville?

Home values in Kasson-Mantorville have increased 22.1% 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 Kasson-Mantorville?

Based on a typical all-in ownership cost of $1,447/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kasson-Mantorville is $81k/year.

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What industries drive the economy in Kasson-Mantorville?

The largest employment sectors in Kasson-Mantorville are public administration (23%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.