
Home Price Key
These days, finding an affordable place to live in the Jacobson area can be challenging. Home prices in Jacobson are now at a median cost of $211,521, lower than the Minnesota average of $269,934.
The average cost of rent is $808/mo in Jacobson, primarily driven by the current value of real estate in the Jacobson area. While nearly 55.66% of residents own their homes outright in Jacobson, 9.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Jacobson is $4,508 per month. Households that rent pay about 17.93% of their income on rent here. Jacobson's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Swan River, MN: less expensive homes
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- Sheshebee, MN: equally priced homes
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- Floodwood, MN: less expensive homes
- Grand Rapids, MN: equally priced homes
- La Prairie, MN: less expensive homes
Cities with Similar Populations
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