115 W 8th St, Morris, MN 56267 $39,900
c.1875 Handyman Special in Morris, MN Under $40K
At 3.8%, the unemployment rate in Morris, Minnesota, is much lower than the national average. Also, the average income for an owner occupied home in Morris is $75,000, $5,000 more than the national average. That may be due to the good number of major employers in town. Per Wikipedia:
Morris is surrounded by some of the nation’s richest agricultural land, and agribusiness is important to the local economy. Headquartered in Morris, Riverview LLP is Minnesota’s largest dairy milking operation and one of the largest in the nation. Other large economic contributors are beef feedlots and swine producers, manufacturing, education, and healthcare industries.
The town is home to the University of Minnesota Morris (UMM), part of the University of Minnesota system. It was established as a public college in 1960 on the grounds of a former industrial school for Native Americans. Today the campus has a population of approximately 1,900 and is ranked as a “Top 10 Public Liberal Arts College” by U.S. News & World Report and one of “America’s Top Colleges” by Forbes.
- 7,013sqft lot
- Year Built 1875
- Google Map
- Property Listing
- Realtor: Jason Reed with Prairie Real Estate