Housing costs in Oakland township (Freeborn County)?
A typical home costs
$258,000, which is 23.7% less expensive than the national average of
$338,100 and 16.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Oakland township (Freeborn County) costs
$920 per month, which is 35.7% more than the national average of
$1,430 and 34.8% more than the state average of
$1,240.
Can I afford Oakland township (Freeborn County)?
To live comfortably in Oakland township (Freeborn County), Minnesota, a minimum annual income of
$49,320 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Oakland township (Freeborn County)?
Oakland Township (Freeborn County), MN is an affordable place to live. According to data from the US Census Bureau, the median household income in this area is around $54,400, and the median home value is around $186,000. The cost of living is relatively low compared to other parts of Minnesota, with groceries being about 7% less expensive than the national average and healthcare costs being about 8% lower. Additionally, utilities are quite inexpensive as well; electricity comes in at 21% below the national average and natural gas at 19%. All in all, living in Oakland Township (Freeborn County), MN can be a great value for those looking for an affordable place to call home.