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Corcoran, MN

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
115
Expensive
Median Home Value
$540,100
National: $426,735
Median Rent
N/A
National: $1,527/mo
Household Income
$143,250
National: $84,532
Population
6,854
Purchasing Power
147
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
127 / 100
100 = national average
Rent Index
100 / 100
Overall Index
115
Expensive

Corcoran Mortgage Calculator

Pre-filled with the local median home value of $540,100 and Minnesota's property tax rate of 1.11%.

Salary & Purchasing Power

Median household income is $143,250 69% above the national average.

What $143,250 in Corcoran Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$188,093+31%
Los Angeles, CA$211,761+48%
Chicago, IL$100,898-30%
Houston, TX$88,441-38%

Property Tax in Corcoran, MN

Est. Annual Property Tax
$5,995
Monthly Impact
$500
Added to your mortgage
Effective Rate
1.11%
National avg: ~1.00%

Minnesota Tax Overview

Tax TypeMinnesotaNational Avg
Property Tax Rate1.11%1.00%
Top Income Tax Rate9.85%~5.0%
State Sales Tax7.54%~5.0%

Compare Corcoran to Another City

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Cost of Living Comparison

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Corcoran, MN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Corcoran, MN: 127
Rent Prices
100
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR