Total monthly cost of ownership
Cost to Own a Home in Dilworth, Minnesota
A $268,000 home here costs
$2,203per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,378. The real number is $826 higher every month — 60% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dilworth against Clay County and Minnesota
| Measure | Dilworth | Clay County |
|---|---|---|
| Median home value | $268,100 | $256,000 |
| Median property tax | $3,187 | $2,854 |
| Effective tax rate | 1.189% | 1.115% |
| Median gross rent | $1,053 | $1,000 |
| Population | 4,664 | 65,628 |
The weather behind that power bill
Dilworth sits in Clay County, which averages a high of 82.1°F in its hottest month and a low of 0.2°F in its coldest, with 23.95" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 542 cooling and 8,806 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Clay County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clay County
Common questions
How much does it cost to own a home in Dilworth?
A $268,000 home in Dilworth, Minnesota costs approximately $2,203 per month with 20% down at 6.66%. That is $1,378 principal and interest, $266 property tax, $116 homeowners insurance, $220 utilities and $223 set aside for maintenance.
What is the property tax rate in Dilworth?
Dilworth has an effective property tax rate of 1.189%, based on a median home value of $268,100 and median real estate taxes of $3,187. That is higher than the Clay County average of 1.115%.
What is the average home price in Dilworth?
The median owner-occupied home value in Dilworth, Minnesota is $268,100, against $256,000 across Clay County.
Is it cheaper to rent or buy in Dilworth?
Median gross rent in Dilworth is $1,053 a month, against $2,203 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dilworth — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Minnesota.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.