Quick facts: Darwin, MN

Quick Facts

102.8
Cost of Living
above US average
344
Population
29.07
Crime Rate per 1000
above US average
$62,083
Median Income
below US average
$529,900
Median House Price
above US average
$1560
Average Rent
above US average
5%
Poverty Rate
below US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $62,083.

🏠

Income Needed to Buy

βœ— Stretch
$166k/year
Based on $529,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $166k vs median $62,083
🏒

Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1560/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $62,083
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Darwin, MN

Darwin is a small city located in Meeker County, Minnesota. With a population of approximately 356 residents, it offers a tight-knit community atmosphere. The city is situated near the scenic Crow River, providing opportunities for outdoor recreation such as fishing, kayaking, and hiking in the surrounding natural areas. Darwin is known for its rich history, established in the late 19th century, and is home to several historical buildings and landmarks that reflect its heritage. The city is also close to larger towns like Hutchinson and Litchfield, allowing residents to enjoy small-town life while having convenient access to more urban amenities. Community events are a highlight in Darwin, including annual celebrations and local fairs, which foster a sense of belonging among residents. The area supports local businesses, enhancing the economy while maintaining the charm of a rural town. Overall, Darwin, MN, is a peaceful place with a strong community spirit, making it an attractive option for those seeking a quieter lifestyle in a picturesque setting.

πŸ” Search & Compare Places

First Location πŸ“