The typical owner-occupied home in Westhope is worth about $102,800, 59% below the North Dakota median of $249,900 and 69% below the national median of $332,700. Owners pay a median $895 a year in property taxes, about 0.87% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $69,479 a year, so the median home costs 1.5 times the median income (3.3 times for North Dakota). 84% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Westhope at a glance
| Westhope | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $102,800 | $249,900 | $332,700 |
| Median property tax paid per year | $895 | $2,468 | $3,119 |
| Property tax as a share of value | 0.87% | 0.99% | 0.94% |
| Median household income | $69,479 | $76,657 | $80,734 |
| Homes lived in by their owners | 84% | 63% | 65% |
| Owner homes with a mortgage | 33% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $944 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 13.2% | 19.4% | 21.0% |
| Median rent | $596 | $954 | $1,413 |
| Rent as a share of renters' income | 14.5% | 25.0% | 30.6% |
| Median year homes were built | 1966 | 1982 | 1980 |
| Vacant homes | 31.3% | 12.3% | 10.1% |
| Population | 435 | 784,841 | 334,922,499 |
What a typical home costs per month in Westhope
At this week's average 30-year rate of 7.11%, buying the median Westhope home of $102,800 with 20% down costs about $671 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $842, 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 $28,740 for the 20%-down payment. That payment is 12% of the median Westhope household income of $69,479; at that income and 20% down, the 28% guideline points to a home of about $249,000.
The median rent here is $596 a month, so owning the median home costs about $75 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,560 |
|---|---|
| Loan amount | $82,240 |
| Principal and interest | $553 |
| Property taxes (0.87% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| PMI | $0 |
| Total per month | $671 |
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| Down payment | $3,598 |
|---|---|
| Loan amount | $100,938 |
| Principal and interest | $679 |
| Property taxes (0.87% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| FHA mortgage insurance | $45 |
| Total per month | $842 |
Change the numbers in the calculator
Questions about home buying in Westhope
What is the median home value in Westhope?
About $102,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Westhope?
Homeowners pay a median $895 a year, which is about 0.87% 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 Westhope?
For the median home with 20% down at 7.11%, the payment is about $671 a month. Keeping that under 28% of gross income takes about $28,740 a year.
More about Westhope
- Mortgage Refinance in Westhope
- Debt Relief in Westhope
- Home Equity Loans in Westhope
- 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