Housing costs in Racine township?
A typical home costs
$354,700, which is 4.9% more expensive than the national average of
$338,100 and 14.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Racine township 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 Racine township?
To live comfortably in Racine township, Minnesota, a minimum annual income of
$68,040 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Racine township?
The cost of living in Racine township, MN is relatively low. Basic groceries and utilities are affordable and the housing market has a reasonably priced selection of both rentals and homes for sale. The median home value in Racine Township is $85,400, with an average rental rate of $750 per month. Property taxes are also relatively low at an average rate of 0.83% on taxable assessed value. For those looking to move to Racine Township, MN, it is an affordable option with plenty to offer in terms of amenities and recreation.