Housing costs in Webster?
A typical home costs
$505,700, which is 49.6% more expensive than the national average of
$338,100 and 63.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Webster costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 23.9% more than the state average of
$1,240.
Can I afford Webster?
To live comfortably in Webster (zip 55088), Minnesota, a minimum annual income of
$96,840 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Webster?
The cost of living in 55088 Webster, MN is relatively low compared to many other parts of the country. The median home value is $174,800, and the median household income is $87,582. This is lower than both the national median home value and household income. Taxes are also lower, with a sales tax rate of 6.875%, income tax rate of 8.6%, and property tax rate of 1.07%. Renters can find reasonable prices on housing options as well, with an average rent for a two-bedroom apartment being about $1,300 per month. In addition to this affordable cost of living, residents can enjoy a variety of outdoor activities in nearby lakes or state parks.