The typical owner-occupied home in Bird Island is worth about $142,100, 57% below the Minnesota median of $329,300 and 57% below the national median of $332,700. Owners pay a median $1,682 a year in property taxes, about 1.18% of their home's value, higher than the Minnesota rate of 1.02%. The median household earns $75,833 a year, so the median home costs 1.9 times the median income (3.7 times for Minnesota). 87% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Bird Island at a glance
| Bird Island | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $142,100 | $329,300 | $332,700 |
| Median property tax paid per year | $1,682 | $3,357 | $3,119 |
| Property tax as a share of value | 1.18% | 1.02% | 0.94% |
| Median household income | $75,833 | $89,062 | $80,734 |
| Homes lived in by their owners | 87% | 72% | 65% |
| Owner homes with a mortgage | 44% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,315 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 16.0% | 19.7% | 21.0% |
| Median rent | $617 | $1,280 | $1,413 |
| Rent as a share of renters' income | 34.6% | 29.2% | 30.6% |
| Median year homes were built | 1962 | 1979 | 1980 |
| Vacant homes | 9.9% | 9.3% | 10.1% |
| Population | 930 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Bird Island
At this week's average 30-year rate of 7.11%, buying the median Bird Island home of $142,100 with 20% down costs about $964 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,200, 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 $41,300 for the 20%-down payment. That payment is 15% of the median Bird Island household income of $75,833; at that income and 20% down, the 28% guideline points to a home of about $261,000.
The median rent here is $617 a month, so owning the median home costs about $347 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $28,420 |
|---|---|
| Loan amount | $113,680 |
| Principal and interest | $765 |
| Property taxes (1.18% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| PMI | $0 |
| Total per month | $964 |
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| Down payment | $4,974 |
|---|---|
| Loan amount | $139,526 |
| Principal and interest | $939 |
| Property taxes (1.18% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| FHA mortgage insurance | $63 |
| Total per month | $1,200 |
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Questions about home buying in Bird Island
What is the median home value in Bird Island?
About $142,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bird Island?
Homeowners pay a median $1,682 a year, which is about 1.18% 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 Bird Island?
For the median home with 20% down at 7.11%, the payment is about $964 a month. Keeping that under 28% of gross income takes about $41,300 a year.
More about Bird Island
- Mortgage Refinance in Bird Island
- Debt Relief in Bird Island
- Home Equity Loans in Bird Island
- 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