Tower, MN
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    Price
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    Operating Costs & Financing

    Tower property taxes are below the county average by 0.14 percentage points. Average Loan-to-Value is 65.0%.

    Effective Property Tax $30.81 per sq ft
    Tax Rate (average for all types) 2.45%
    Tax Rate vs County Average 0.14 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Tower.

    Leading Commercial Asset Segments

    Land 51
    Recreation land 16
    Waterfront Land 15
    Residential land & home lots 13
    Commercial land 5

    Tower Demographics Overview

    Population 1,933
    Population Growth (5Y) -3.5%
    Median Household Income $74,732
    College Educated 46.0%

    Top Neighborhoods for Investment

    Discover the areas of Tower with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    55790 $38.9K - 350K $194.5K

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