Elgin, MN 55932

Published March 2024

Weather Summary

*1% National Rank is best weather and 99% is worst weather for that preference

Days Below Freezing 148
Days Above 95°F 0
Rainy Days 0
Humid Days 0
Days in 40s 45
Days in 50s 34
Days in 60s 43
Days in 70s 59
Days in 80s 65
Days in 90s 8
Days in 100s 0
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 63% 13%
20°F - 70°F 63% 13%
30°F - 70°F 52% 41%
40°F - 70°F 33% 73%
50°F - 70°F 21% 84%
10°F - 80°F 79% 14%
20°F - 80°F 79% 14%
30°F - 80°F 68% 41%
40°F - 80°F 49% 77%
50°F - 80°F 37% 86%
10°F - 90°F 97% 14%
20°F - 90°F 97% 14%
30°F - 90°F 86% 57%
40°F - 90°F 67% 82%
50°F - 90°F 54% 88%
10°F - 100°F 99% 56%
20°F - 100°F 99% 56%
30°F - 100°F 88% 89%
40°F - 100°F 69% 92%
50°F - 100°F 57% 92%

Taxes Summary

*LTCG = Long Term Capital Gains
*Federal = Income + Social Security + Medicare + NIIT
*1% National Rank is highest effective tax and 99% is lowest effective tax for that income profile

W2 Income LTCG Income Home Value Total Tax Rate National Rank Net Taxes Paid Federal State Property Sales Local
22k - - 9% 68% 2159 1683 - - 476 -
40k - - 12% 83% 5156 4290 - - 866 -
70k - - 16% 92% 11507 9991 - - 1516 -
22k - 66k 13% 58% 2925 1683 - 765 476 -
40k - 120k 16% 73% 6548 4290 - 1392 866 -
70k - 210k 19% 83% 13943 9991 - 2436 1516 -
100k - 300k 21% 87% 21532 15886 - 3479 2166 -
200k - 600k 29% 73% 59668 43821 4554 6959 4333 -
400k - 1.2M 35% 39% 143953 102619 18747 13919 8666 -
800k - 2.4M 43% 24% 350672 249158 56340 27839 17332 -
1.6M - 4.8M 48% 17% 781766 556279 135140 55679 34665 -
100k 50k 450k 17% 80% 25765 15886 1409 5220 3249 -
200k 100k 900k 24% 48% 73746 45433 11372 10440 6499 -
400k 400k 2.4M 32% 24% 256445 154932 56340 27839 17332 -
800k 1M 5.4M 36% 16% 665686 409206 154840 62639 38999 -
1.6M 3.2M 14.4M 39% 15% 1906341 1184962 450340 167040 103997 -
1 150k 450k 12% 77% 18992 9112 1409 5220 3249 -
1 300k 900k 19% 47% 59925 31612 11372 10440 6499 -
1 800k 2.4M 26% 23% 208126 106612 56340 27839 17333 -
1 1.8M 5.4M 30% 16% 553862 297382 154840 62639 38999 -
1 4.8M 14.4M 33% 15% 1618761 897382 450340 167040 103997 -

Housing Cost Summary

*1% National Rank is most expensive and 99% is cheapest build cost
Thank you to RedFin for housing data for processing these derived metrics

Median Home Price 301624
Median Days on Market 11
3000SF Builder Grade Projected Cost 449221
3000SF Designer Grade Projected Cost 1123052
3000SF Estate Grade Projected Cost 2246105
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Unstable 667 267 133
200k Builder Grade 1000sf 1335 534 267
300k Builder Grade 2000sf 2003 801 400
400k Builder Grade 2000sf 2671 1068 534
500k Builder Grade 3000sf 3339 1335 667
600k Builder Grade 4000sf 4006 1602 801
700k Builder Grade 4000sf 4674 1869 934
800k Builder Grade 5000sf 5342 2137 1068
900k Builder Grade 5000sf 6010 2404 1202
1M Builder Grade 5000sf 6678 2671 1335
1.25M Designer Grade 3000sf 8347 3339 1669
1.5M Designer Grade 4000sf 10017 4006 2003
1.75M Designer Grade 4000sf 11686 4674 2337
2M Designer Grade 5000sf 13356 5342 2671
2.25M Estate Grade 3000sf 15026 6010 3005
2.5M Estate Grade 3000sf 16695 6678 3339
2.75M Estate Grade 3000sf 18365 7346 3673
3M Estate Grade 4000sf 20034 8013 4006
3.5M Estate Grade 4000sf 23373 9349 4674
4M Estate Grade 5000sf 26712 10685 5342
4.5M Estate Grade 6000sf 30052 12020 6010
5M Estate Grade 6000sf 33391 13356 6678
7.5M Estate Grade 7000sf 50086 20034 10017
10M Estate Grade 7000sf 66782 26712 13356