Cost of Living in Winona
Winona's cost of living pairs genuinely affordable housing against a city-level income and poverty picture that runs notably worse than its surrounding county -- substantially a college-town statistical effect.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreHome values below the Twin Cities and Owatonna in this batch
Zillow's typical home value ran $222,477 (+4.6% YoY), with a separately cited average of $256,640 (+3.5% YoY) -- both below the broader Winona County average ($273,188), and below every home-value figure found for Inver Grove Heights or Owatonna in this Minnesota batch.
A property tax rate right at the national median
Winona's median effective property tax rate ran 1.00% per Ownwell this pass -- essentially at the 1.02% national median, and below Minnesota's own 1.13% statewide median. The county board approved an 11% levy increase for 2026, a real, current cost pressure worth monitoring.
A real, disclosed city/county income gap
Winona's city-level median household income ($56,337) and poverty rate (23.1%) both run notably worse than the surrounding Winona County (median income $70,744, poverty rate 14.8%) -- a gap this record attributes substantially to the large enrolled student population's well-documented low-reported-income statistical effect in Census data.
Minnesota's 4-bracket income tax applies regardless
Minnesota's real, progressive 4-bracket state income tax (5.35%-9.85%) applies statewide, including in Winona -- with no local/county piggyback layer. See minnesota.js for the full bracket structure.
Key takeaways
- Home values ($222,477-$256,640) run below both the county average and other markets in this Minnesota batch.
- Effective property tax rate (1.00%) sits right at the national median, below Minnesota's own state median.
- City-level income/poverty figures trail the county, substantially a college-town statistical effect.
- Minnesota's statewide 4-bracket income tax applies regardless of city, with no local piggyback layer.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Winona overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert