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Wilmont

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

Median Home$166,900
Median Rent$817/month
Population314
Leading IndustriesConstruction · Agriculture & Mining · Transportation17% construction
Home Value Growth⬆⬆+19.3% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners88% of occupied units
NotableAffordable Market$167k median home · lower cost than 66% of the country
Wilmont
MN

Frequently Asked Questions

What are today's mortgage rates in Wilmont?

As of today, the 30-year fixed mortgage rate for Wilmont 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 Wilmont?

The median home value in Wilmont is $167k. The median monthly rent is $817. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wilmont?

Home values in Wilmont 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 Wilmont?

Based on a typical all-in ownership cost of $883/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wilmont is $73k/year.

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What industries drive the economy in Wilmont?

The largest employment sectors in Wilmont are public administration (21%) and agriculture and mining (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.