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Wright County, MN

RANK #336 / 996  ·  POP 142,543  ·  MN

PROJECTED GROWTH: +1.4%

Wright County combines solid growth with real affordability — a rare combination.

[01] Why Wright County?

Wright County, Minnesota, distinguished by its numerous lakes and position along the Mississippi River, offers a blend of natural scenery and suburban living. Located approximately 30 miles northwest of the Minneapolis-St. Paul metropolitan area, it provides a commute to the Twin Cities. The county seat, Buffalo, is a notable town with a downtown area. Outdoor recreation is a significant draw, with 298 lakes and over 4,700 acres of parkland, including Lake Maria State Park, offering opportunities for hiking, biking, camping, and water activities. The community generally maintains a safe, small-town feel despite its growth.

Life in Wright County often appeals to families and professionals seeking a balance between rural charm and access to urban amenities. The public schools in the county are highly rated, with several districts serving the area. Commute options include major highways like I-94 and U.S. Highway 12. Public transit, such as Trailblazer Transit, also provides dial-a-ride bus service throughout Wright, Sibley, and McLeod Counties. The local economy is experiencing development, with a focus on attracting investment and supporting businesses in sectors like data centers and industrial/logistics, contributing to job creation and a growing labor force.

[02] Market Snapshot

Housing Ratio
8.1x

Overvalued relative to economy

GDP Growth
+4.3%

Well above national median

Home Prices
+1.7%

Above national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks overvalued at 8.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Wright County U.S. National

The Numbers

DEMOGRAPHICS
Population
142,543
+1.9% YoY
Median Household Income
$102,980
Median Home Value
$310,900
+1.72% 12mo
Median Rent
$1,149
Average Annual Pay
$55,999
+4.6% YoY
Employment
48,758
+3.2% YoY
Income-to-Home-Value
0.3312
More affordable than average
Migration Inflow
4.22%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$400,000
Days on Market
91
Slower market
Months of Supply
3.4
Balanced market
Sale-to-List Ratio
98.9%
Near asking price
Sold Above List
19.3%
Listings w/ Price Drops
23.1%
Building Permits (2024)
1,264
Single-Family Permits
1,032

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$3,210M
TOTAL
PROJECT AMOUNT STATUS
Monticello Tech Campus
Frattalone Companies
$2,500M Proposed
Scannell Technology Park (Monticello Data Center)
Scannell Properties
$500M Planned
New Government Center and Law Enforcement Training Facility
Wright County
$60M Completed
Community Solar Portfolio (multiple projects)
Various (e.g., Minnesota Solar CSG 1, LLC, Great River Energy, Enel Green Power NA, Inc.)
$50M Operating
I-94 Construction Between Monticello and Albertville
MnDOT
$50M Planned
Broadband Infrastructure Expansion
Various Internet Service Providers (e.g., Arvig)
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +4.3% 76 percentile
Population Growth +1.9% 88 percentile
Income Growth +9.2% 68 percentile
Vacancy Rate 0.2% 100 percentile
Home Price Change +1.7% 56 percentile
Rent Growth +5.3% 82 percentile
Price/Rent 16x 22 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Wright County, MN a good place to move to?

Wright County has a Boom Town Index score of 66/100, ranking #336 among 996 U.S. counties. With job growth at +3.2% and a median household income of $102,980, it's an above-average county on economic indicators.

Is Wright County affordable?

The median home value in Wright County is $310,900 with median rent at $1,149/month. The income-to-home-value ratio is 0.3312, which is more affordable than the national average.

Is Wright County growing or shrinking?

Population growth: +1.9% year-over-year. Job growth: +3.2%. Home values changed +1.7% in the past 12 months.

Are people moving to Wright County?

Yes — 4.22% of Wright County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Monroe County, NY 76 Rock Island County, IL 76 Orange County, NY 76 Athens County, OH 76 Atlantic County, NJ 76 Roanoke County, VA 76 Cook County, IL 76 Grand Traverse County, MI 76