The typical owner-occupied home in Esmond is worth about $142,500, 43% below the North Dakota median of $249,900 and 57% below the national median of $332,700. Owners pay a median $900 a year in property taxes, about 0.63% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $15,179 a year, so the median home costs 9.4 times the median income (3.3 times for North Dakota). 35% of occupied homes here are lived in by their owners, and 5% of those owners still have a mortgage.
Esmond at a glance
| Esmond | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $142,500 | $249,900 | $332,700 |
| Median property tax paid per year | $900 | $2,468 | $3,119 |
| Property tax as a share of value | 0.63% | 0.99% | 0.94% |
| Median household income | $15,179 | $76,657 | $80,734 |
| Homes lived in by their owners | 35% | 63% | 65% |
| Owner homes with a mortgage | 5% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | $690 | $954 | $1,413 |
| Rent as a share of renters' income | 51.0% | 25.0% | 30.6% |
| Median year homes were built | 1955 | 1982 | 1980 |
| Vacant homes | 40.9% | 12.3% | 10.1% |
| Population | 78 | 784,841 | 334,922,499 |
What a typical home costs per month in Esmond
At this week's average 30-year rate of 7.11%, buying the median Esmond home of $142,500 with 20% down costs about $901 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,138, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $38,618 for the 20%-down payment. That payment is 71% of the median Esmond household income of $15,179; at that income and 20% down, the 28% guideline points to a home of about $56,000.
The median rent here is $690 a month, so owning the median home costs about $211 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $28,500 |
|---|---|
| Loan amount | $114,000 |
| Principal and interest | $767 |
| Property taxes (0.63% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| PMI | $0 |
| Total per month | $901 |
Change the numbers in the calculator
| Down payment | $4,988 |
|---|---|
| Loan amount | $139,919 |
| Principal and interest | $941 |
| Property taxes (0.63% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| FHA mortgage insurance | $63 |
| Total per month | $1,138 |
Change the numbers in the calculator
Questions about home buying in Esmond
What is the median home value in Esmond?
About $142,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Esmond?
Homeowners pay a median $900 a year, which is about 0.63% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Esmond?
For the median home with 20% down at 7.11%, the payment is about $901 a month. Keeping that under 28% of gross income takes about $38,618 a year.
More about Esmond
- Mortgage Refinance in Esmond
- Debt Relief in Esmond
- Home Equity Loans in Esmond
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data