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Koochiching County

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

Median Home$169,021
Median Rent$675/month
Population11,833
Leading IndustriesProfessional Services ยท Retail3% professional services
Home Value Growthโฌ†+8.0% over 2 years
Retirees29% of residentswell above average
Homeowners80% of occupied units
Koochiching County
MN

Frequently Asked Questions

What are today's mortgage rates in Koochiching County?โ€บ

As of today, the 30-year fixed mortgage rate for Koochiching County is approximately 7.174% (7.207% 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 Koochiching County?โ€บ

The median home value in Koochiching County is $169k. The median monthly rent is $675. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Koochiching County?โ€บ

Home values in Koochiching County have increased 8.0% over the past two years. This represents moderate growth. 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 Koochiching County?โ€บ

Based on a typical all-in ownership cost of $742/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income โ€” a common lender guideline. The median household income in Koochiching County is $68k/year.

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What industries drive the economy in Koochiching County?โ€บ

The largest employment sectors in Koochiching County are public administration (21%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

๐Ÿ—บ๏ธ Nearby Areas

Adjacent counties and areas