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Tri-County

Learn about the people, housing, costs and businesses in Tri-County, Minnesota

Median Home$145,745
Median Rent$692/month
Population1,847
Leading IndustriesTransportation · Construction · Agriculture & Mining7% transportation
Home Value Growth⬆⬆⬆+28.1% over 2 years
Retirees25% of residentsabove average nationally
Homeowners83% of occupied units
NotableAffordable Market$146k median home · lower cost than 86% of the country
Tri-County
MN

Frequently Asked Questions

What are today's mortgage rates in Tri-County?

As of today, the 30-year fixed mortgage rate for Tri-County is approximately 7.390% (7.444% 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 Tri-County
What is the median home price in Tri-County?

The median home value in Tri-County is $146k. The median monthly rent is $692. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tri-County?

Home values in Tri-County have increased 28.1% 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 Tri-County?

Based on a typical all-in ownership cost of $809/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tri-County is $71k/year.

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What industries drive the economy in Tri-County?

The largest employment sectors in Tri-County are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.