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There are 322 USDA backed residential loans in Carlton county with an average loan balance of $123,160. Over 79% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $125,215. On average the rural home size purchased with this loan was approximately 1,210 SqFt. Alternate income limits exist to determine loan eligibility in Carlton county. For a household of upto 4 people the income limit is $92,600. For a household of between 5 and 8 people the income limit increases to $122,250.
The size of Carlton County is roughly 2,262 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Carlton County is 5. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Carlton County, MN
* cities most likely to have USDA loan eligible properties for sale.
Alford • Atkinson • Automba • *Barnum • Big Lake Chapel • Blackhoof • Brownell • *Carlton • *Cloquet • Corona • *Cromwell • Duesler • *Esko • Frogner • Harney • Holyoke • Iverson • *Kettle River • *Mahtowa • *Moose Lake • Nemadji • Otter Creek • Pleasant Valley • Sawyer • *Scanlon • *Wrenshall • *Wright
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Carlton County.
Carlton County is located in the northeastern part of the great state of Minnesota. It was first established on May 23, 1857, named after Reuben B. Carlton, an early settler in the region and a member of the Minnesota territorial legislature. The county's seat is located in the city of Carlton.
Prior to the establishment of Carlton County, the area was home to the Ojibwe tribe (also known as the Chippewa). The arrival of European settlers in the 19th century led to land disputes and eventually the signing of the Treaty of La Pointe in 1854, which ceded the Ojibwe territories in northeastern Minnesota to the United States.
The construction of railroads in Carlton County began in the 1870s, leading to a population increase and the growth of the region's economy. The area was primarily known for its timber industry throughout the late 19th and early 20th centuries, with agriculture and mining also playing a significant role.
Today, Carlton County covers an area of approximately 862 square miles and has a population of over 35,000 residents. With its rich history, beautiful landscapes, and numerous lakes and rivers, Carlton County offers various recreational opportunities for nature lovers.
Fun Fact: The beautiful Jay Cooke State Park is located in Carlton County, which features the iconic swinging bridge, an impressive suspension bridge spanning the Saint Louis River. Built in 1934 by the Civilian Conservation Corps (CCC), the park attracts thousands of visitors annually for its scenic beauty and stunning flora and fauna.