Wahkon, Minnesota.
Typical home $270,298 (+0.9% in a year). Minneapolis-St. Paul-Bloomington, MN-WI metro.
to buy the typical home at today's mortgage rate — +$721 (+103%) since Jan 2020.
- 1 year
- Up $2,404 +1%
- $267,894$270,298 since Sep 2025
- 5 years
- Up $32,023 +13%
- $238,275$270,298 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Wahkon$1,419
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 27 years.
Typical home values in Wahkon, MN rose 0.9% over the past year — slower than the nation's +1.2%.
Living in Wahkon, Mille Lacs County, Minnesota
Wahkon is a city of 235 people in Mille Lacs County. Half its households earn more than $51,750 a year and half less, against $72,729 across Mille Lacs County; 11% of its people live below the poverty line. Unemployment in Mille Lacs County was 5.8% in August 2026, and the county had 1.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Wahkon is a very small city on the shore country of Mille Lacs Lake, the kind of place where neighbors tend to know one another. Household incomes run well below the county's, and homes here are worth more than that income might suggest. Few adults hold a four-year degree, and more people than you might expect work from home. Winters are long and cold, with January highs near the teens and lows around zero, plus a good deal of snow. Summers are mild and pleasant, with July the warmest month, and rain and melted snow fall at a moderate, steady rate through the year.
Work. Residents mostly work in schools, hospitals and social care, in shops, in restaurants, hotels and entertainment, and in government. Across Mille Lacs County, the largest workplaces include Crystal Cabinet Works, which makes kitchen cabinets, along with Mille Lacs County itself and the Princeton Public School District. Unemployment in the county is higher than a year ago, while the number of jobs has edged up.
Things to do. Mille Lacs Lake is a short drive away and is the natural draw for anyone who likes the water. Father Hennepin State Park sits in or beside town, and the Mille Lacs National Wildlife Refuge, another protected area, is also a short drive off. For a longer outing, Mille Lacs Indian Museum is a museum a longer drive away.
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- 123households
- 14%of adults have a degree
- 11%below the poverty line
- 17%work from home
What residents work in
Employed residents by industry, from the Census survey. Mille Lacs County had 9,490 jobs in 2025, 1.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 19° and lows near 0°; warmest in July, with highs near 78° and lows near 58°. About 43 inches of snow and 29 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Isle 12N weather station, 14 miles away (NOAA).
Largest workplaces in Mille Lacs County
- Crystal Cabinet WorksKitchen cabinets, stock or custom wood, manufacturing522
- Mille Lacs CountyGeneral public administration471
- Princeton Public School DistrictSchool district401FTE
- WalmartWarehouse clubs and supercenters341
- Mille Lacs HospitalCritical access hospital251FTE
- Elim WellspringAssisted-living facilities with on-site nursing facilities216
- Milaca Public School DistrictSchool district208FTE
- CassiaSkilled nursing facilities141
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 23 workplaces with 20 or more staff, 3,065 people in all across the county; Wahkon has none of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingRelatively high
- Strong windRelatively high
- Cold wavesRelatively high
- WildfireRelatively moderate
- HailRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Wahkon’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Mille Lacs County and the Minneapolis-St. Paul-Bloomington, MN-WI metro.
Wahkon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Wahkon$270,298
- Minnesota$348,778
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Wahkon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Wahkon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.