Property tax rate
0.86%Below state avg 1.02%Median bill $1,386/yr · CensusMedian rent
$9202-bed $861Per month · Census30-yr mortgage rate
7.24%Freddie Mac weekly averageWhat the numbers say
Swift County, MN real estate at a glance
By AstroCore · Realtor.com, US Census and Freddie Mac data
Homeowners in Swift County pay a median of $1,386 a year in property taxes on a median home value of $161,400, an effective rate of about 0.86%. The Minnesota average is 1.02%, which makes Swift County the #19 lowest-tax of 87 counties in the state with published tax data.
Renters pay a median of $920 a month, and $861 for a two-bedroom. At today's prices a typical home costs about 15 times a year's rent, which generally favors buying.
With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $161,000 home here comes to about $1,063 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $46,000 a year (the median household here earns $60,412).
Monthly payment on a typical home
$1,063/mo- Principal & interest$880
- Property tax$116
- Insurance (est.)$67
$161,000 home · 20% down · 7.24% 30-year fixed
Run your own numbersRents in Swift County by bedrooms
Median gross rent (rent plus utilities), US Census American Community Survey 2024 5-year estimates.
Other Minnesota counties
- Aitkin County
- Anoka County
- Becker County
- Beltrami County
- Benton County
- Big Stone County
- Blue Earth County
- Brown County
- Carlton County
- Carver County
- Cass County
- Chippewa County
- Chisago County
- Clay County
- Clearwater County
- Cook County
- Cottonwood County
- Crow Wing County
- Dakota County
- Dodge County
- Douglas County
- Faribault County
- Fillmore County
- Freeborn County
- Goodhue County
- Grant County
- Hennepin County
- Houston County
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- Kittson County
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- Lac qui Parle County
- Lake County
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- Mahnomen County
- Marshall County
- Martin County
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- Murray County
- Nicollet County
- Nobles County
- Norman County
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- Otter Tail County
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- Ramsey County
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- Scott County
- Sherburne County
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- St. Louis County
- Stearns County
- Steele County
- Stevens County
- Todd County
- Traverse County
- Wabasha County
- Wadena County
- Waseca County
- Washington County
- Watonwan County
- Wilkin County
- Winona County
- Wright County
- Yellow Medicine County
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Sources: Realtor.com housing inventory (monthly) and Freddie Mac Primary Mortgage Market Survey (weekly), via FRED, Federal Reserve Bank of St. Louis; US Census Bureau American Community Survey 5-year estimates (property taxes, home values, rents, income). Insurance is an estimate. Medians for the whole county; individual homes vary. For information only.