Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Taunton

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

Median Home$178,000
Median Rent$640/month
Population136
Leading IndustriesConstruction · Agriculture & Mining · Transportation11% construction
Home Value Growth⬆⬆+15.3% over 2 years
Family-Friendly29% of residentswell above average
Homeowners81% of occupied units
NotableHigh Incomes$89k/year · top 26% nationally
Taunton
MN

Frequently Asked Questions

What are today's mortgage rates in Taunton?

As of today, the 30-year fixed mortgage rate for Taunton 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.

View current rates for Taunton
What is the median home price in Taunton?

The median home value in Taunton is $178k. The median monthly rent is $640. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Taunton?

Home values in Taunton have increased 15.3% 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 Taunton?

Based on a typical all-in ownership cost of $849/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Taunton is $89k/year.

Calculate your buying power
What industries drive the economy in Taunton?

The largest employment sectors in Taunton are public administration (25%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.