The typical owner-occupied home in Dunnell is worth about $51,300, 84% below the Minnesota median of $329,300 and 85% below the national median of $332,700. Owners pay a median $1,034 a year in property taxes, about 2.02% of their home's value, higher than the Minnesota rate of 1.02%. The median household earns $31,786 a year, so the median home costs 1.6 times the median income (3.7 times for Minnesota). 48% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.
Dunnell at a glance
| Dunnell | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $51,300 | $329,300 | $332,700 |
| Median property tax paid per year | $1,034 | $3,357 | $3,119 |
| Property tax as a share of value | 2.02% | 1.02% | 0.94% |
| Median household income | $31,786 | $89,062 | $80,734 |
| Homes lived in by their owners | 48% | 72% | 65% |
| Owner homes with a mortgage | 32% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,052 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 13.0% | 19.7% | 21.0% |
| Median rent | – | $1,280 | $1,413 |
| Median year homes were built | 1964 | 1979 | 1980 |
| Vacant homes | 18.1% | 9.3% | 10.1% |
| Population | 177 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Dunnell
At this week's average 30-year rate of 7.11%, buying the median Dunnell home of $51,300 with 20% down costs about $384 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $469, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $16,449 for the 20%-down payment. That payment is 14% of the median Dunnell household income of $31,786; at that income and 20% down, the 28% guideline points to a home of about $99,000.
| Down payment | $10,260 |
|---|---|
| Loan amount | $41,040 |
| Principal and interest | $276 |
| Property taxes (2.02% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $21 |
| PMI | $0 |
| Total per month | $384 |
Change the numbers in the calculator
| Down payment | $1,796 |
|---|---|
| Loan amount | $50,371 |
| Principal and interest | $339 |
| Property taxes (2.02% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $21 |
| FHA mortgage insurance | $23 |
| Total per month | $469 |
Change the numbers in the calculator
Questions about home buying in Dunnell
What is the median home value in Dunnell?
About $51,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dunnell?
Homeowners pay a median $1,034 a year, which is about 2.02% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Dunnell?
For the median home with 20% down at 7.11%, the payment is about $384 a month. Keeping that under 28% of gross income takes about $16,449 a year.
More about Dunnell
- Mortgage Refinance in Dunnell
- Debt Relief in Dunnell
- Home Equity Loans in Dunnell
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data