The typical owner-occupied home in Todd County is worth about $207,700, 37% below the Minnesota median of $329,300 and 38% below the national median of $332,700. Owners pay a median $1,982 a year in property taxes, about 0.95% of their home's value, lower than the Minnesota rate of 1.02%. The median household earns $67,662 a year, so the median home costs 3.1 times the median income (3.7 times for Minnesota). 83% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Todd County at a glance
| Todd County | Minnesota | U.S. | |
|---|---|---|---|
| Median home value | $207,700 | $329,300 | $332,700 |
| Median property tax paid per year | $1,982 | $3,357 | $3,119 |
| Property tax as a share of value | 0.95% | 1.02% | 0.94% |
| Median household income | $67,662 | $89,062 | $80,734 |
| Homes lived in by their owners | 83% | 72% | 65% |
| Owner homes with a mortgage | 50% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,471 | $1,947 | $1,963 |
| Those costs as a share of the owners' income | 21.2% | 19.7% | 21.0% |
| Median rent | $908 | $1,280 | $1,413 |
| Rent as a share of renters' income | 27.3% | 29.2% | 30.6% |
| Median year homes were built | 1975 | 1979 | 1980 |
| Vacant homes | 21.5% | 9.3% | 10.1% |
| Population | 25,575 | 5,739,445 | 334,922,499 |
What a typical home costs per month in Todd County
At this week's average 30-year rate of 7.11%, buying the median Todd County home of $207,700 with 20% down costs about $1,369 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,715, 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 $58,660 for the 20%-down payment. That payment is 24% of the median Todd County household income of $67,662; at that income and 20% down, the 28% guideline points to a home of about $240,000.
The median rent here is $908 a month, so owning the median home costs about $461 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $41,540 |
|---|---|
| Loan amount | $166,160 |
| Principal and interest | $1,118 |
| Property taxes (0.95% a year) | $164 |
| Homeowners insurance (our estimate, 0.5% a year) | $87 |
| PMI | $0 |
| Total per month | $1,369 |
Change the numbers in the calculator
| Down payment | $7,270 |
|---|---|
| Loan amount | $203,938 |
| Principal and interest | $1,372 |
| Property taxes (0.95% a year) | $164 |
| Homeowners insurance (our estimate, 0.5% a year) | $87 |
| FHA mortgage insurance | $92 |
| Total per month | $1,715 |
Change the numbers in the calculator
Questions about home buying in Todd County
What is the median home value in Todd County?
About $207,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Todd County?
Homeowners pay a median $1,982 a year, which is about 0.95% 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 Todd County?
For the median home with 20% down at 7.11%, the payment is about $1,369 a month. Keeping that under 28% of gross income takes about $58,660 a year.
More about Todd County
- Mortgage Refinance in Todd County
- Debt Relief in Todd County
- Home Equity Loans in Todd County
- 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