What is the median home price in Mora?

The median home price in Mora, Mora city, Minnesota is $160,000, which is 43% below the national average of 281,900 ($281,900).

Mora, Mora city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the median household income in Mora?

The median household income in Mora, Mora city, Minnesota is $51,577, which is 31% below the national average of 74,580 ($74,580).

What is the average rent in Mora?

The median rent in Mora, Mora city, Minnesota is $696 per month. The national average median rent is $1,163/month.

What is the population of Mora?

The population of Mora, Mora city, Minnesota is approximately 3,685. The homeownership rate is 62.7% (national average: 65.9%).

What is the unemployment rate in Mora?

The unemployment rate in Mora, Mora city, Minnesota is 2.4%. The national average unemployment rate is 3.7%. The poverty rate is 14.5% (national average: 12.4%).

Mora

Mora city, Minnesota

Affordable

About Mora

If you're seeking a haven of affordability without sacrificing community spirit, let me introduce you to Mora, Minnesota. Nestled in the heart of the state, this charming town offers a lifestyle that's a refreshing contrast to the hustle and bustle of larger cities. Imagine a place where the median home value clocks in at a remarkable $160,000, dwarfing the national median. You'll find a welcoming atmosphere and a pace of life that encourages connection and relaxation. Mora is a place where neighbors greet each other by name and where the cost of living allows you to savor life's simple pleasures.

From an investment perspective, Mora presents a compelling opportunity. While the median household income is $51,577, there's a strong sense of economic stability, driven by local businesses and a close-knit workforce. The housing market is stable and accessible, making it an ideal choice for first-time homebuyers, those looking to downsize, or savvy investors seeking solid returns. Mora is particularly well-suited for families, retirees, and anyone who values a safe, friendly environment. If you're looking for a slice of Americana with a touch of Minnesota charm, Mora is definitely a place to consider.

Mora, Minnesota at a Glance

Mora is a city in Mora city, Minnesota with a population of approximately 3,685. The median home value is $160,000 and the median household income is $51,577.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $696 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.