The median home value in Welcome, MN is $165,900. This is higher than the county median home value of $163,600. The national median home value is $338,100. The average price of homes sold in Welcome, MN is $165,900. Approximately 74.25% of Welcome homes are owned, compared to 12.50% rented, while 13.25% are vacant. Welcome real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Welcome real estate agent to arrange a tour today!
Learn More About Welcome Real EstateBarbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Terms of Use
Welcome has a population of approximately 839 and experiences a population change rate of 16.37%. The population density is 576.2 / sq mi.
The median household income for Welcome is $52,031, with 347 households and an average household size of 2.42.
The cost of living index in Welcome is 77.8%.
The median value of a home in Welcome is $165,900 with an appreciation rate of 14.7%. 74.3% of housing in the city is owned while 12.5% is rented.
The unemployment rate in Welcome is 2.90%, and recent job growth is at -1.90%. Future job growth is projected at 17.11%.
The sales tax rate in Welcome is 6.88%, while the income tax rate is 6.80%.
School expenditures in Welcome are $15,191, and the school ratio is 15.2:1.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 5.9 degrees. The average rainfall is approximately 31.5 inches per year, with 43.4 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 95.19 | 93.32 |
College Degree - 2 year | 11.68 | 13.08 |
College Degree - 4 year | 18.39 | 21.56 |
Graduate Degree | 1.89 | 4.92 |
Expenditures per Student | $15,191 | $15,191 |
Students per Teacher | 15.20 | 15.20 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Fairmont Elementary School | PK - 06 | 899 | 14.8 | 56031 |
Sherburn Elementary School | PK - 02 | 159 | 15.6 | 56171 |
Trimont Elementary School | 03 - 06 | 229 | 17.2 | 56176 |
Truman Elementary School | PK - 06 | 98 | 8.3 | 56088 |
Welcome Elementary | PK - KG | 11 | 22 | 56181 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Martin County West Junior High School | 07 - 08 | 129 | 28 | 56171 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Fairmont Junior/Senior High School | 07 - 12 | 817 | 19.7 | 56031 |
Martin County West Senior High School | 09 - 12 | 269 | 13.9 | 56171 |
Truman Secondary School | 07 - 12 | 87 | 10.5 | 56088 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Pathways | KG - 12 | 2 | 2 | 56031 |
Positive Approach To Learning | KG - 12 | 9 | 9 | 56181 |