Total monthly cost of ownership
Cost to Own a Home in Scanlon, Minnesota
A $222,000 home here costs
$1,891per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,141. The real number is $749 higher every month — 66% 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.
Scanlon against Carlton County and Minnesota
| Measure | Scanlon | Carlton County |
|---|---|---|
| Median home value | $221,500 | $232,000 |
| Median property tax | $2,965 | $2,712 |
| Effective tax rate | 1.339% | 1.169% |
| Median gross rent | $1,550 | $967 |
| Population | 1,087 | 36,457 |
The weather behind that power bill
Scanlon sits in Carlton County, which averages a high of 78.5°F in its hottest month and a low of 1.7°F in its coldest, with 32.67" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 212 cooling and 9,396 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Carlton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carlton County
Full Carlton County cost breakdown · Every county in Minnesota
Common questions
How much does it cost to own a home in Scanlon?
A $222,000 home in Scanlon, Minnesota costs approximately $1,891 per month with 20% down at 6.66%. That is $1,141 principal and interest, $248 property tax, $96 homeowners insurance, $220 utilities and $185 set aside for maintenance.
What is the property tax rate in Scanlon?
Scanlon has an effective property tax rate of 1.339%, based on a median home value of $221,500 and median real estate taxes of $2,965. That is higher than the Carlton County average of 1.169%.
What is the average home price in Scanlon?
The median owner-occupied home value in Scanlon, Minnesota is $221,500, against $232,000 across Carlton County.
Is it cheaper to rent or buy in Scanlon?
Median gross rent in Scanlon is $1,550 a month, against $1,891 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 Scanlon — 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.