The typical owner-occupied home in Willow City is worth about $64,500, 74% below the North Dakota median of $249,900 and 81% below the national median of $332,700. Owners pay a median $442 a year in property taxes, about 0.69% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $74,375 a year, so the median home costs 0.9 times the median income (3.3 times for North Dakota). 88% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Willow City at a glance
| Willow City | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $64,500 | $249,900 | $332,700 |
| Median property tax paid per year | $442 | $2,468 | $3,119 |
| Property tax as a share of value | 0.69% | 0.99% | 0.94% |
| Median household income | $74,375 | $76,657 | $80,734 |
| Homes lived in by their owners | 88% | 63% | 65% |
| Owner homes with a mortgage | 39% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,688 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 26.8% | 19.4% | 21.0% |
| Median rent | $689 | $954 | $1,413 |
| Rent as a share of renters' income | 9.0% | 25.0% | 30.6% |
| Median year homes were built | 1966 | 1982 | 1980 |
| Vacant homes | 27.3% | 12.3% | 10.1% |
| Population | 238 | 784,841 | 334,922,499 |
What a typical home costs per month in Willow City
At this week's average 30-year rate of 7.11%, buying the median Willow City home of $64,500 with 20% down costs about $411 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $519, 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 $17,618 for the 20%-down payment. That payment is 7% of the median Willow City household income of $74,375; at that income and 20% down, the 28% guideline points to a home of about $272,000.
The median rent here is $689 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $12,900 |
|---|---|
| Loan amount | $51,600 |
| Principal and interest | $347 |
| Property taxes (0.69% a year) | $37 |
| Homeowners insurance (our estimate, 0.5% a year) | $27 |
| PMI | $0 |
| Total per month | $411 |
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| Down payment | $2,258 |
|---|---|
| Loan amount | $63,332 |
| Principal and interest | $426 |
| Property taxes (0.69% a year) | $37 |
| Homeowners insurance (our estimate, 0.5% a year) | $27 |
| FHA mortgage insurance | $29 |
| Total per month | $519 |
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Questions about home buying in Willow City
What is the median home value in Willow City?
About $64,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Willow City?
Homeowners pay a median $442 a year, which is about 0.69% 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 Willow City?
For the median home with 20% down at 7.11%, the payment is about $411 a month. Keeping that under 28% of gross income takes about $17,618 a year.
More about Willow City
- Mortgage Refinance in Willow City
- Debt Relief in Willow City
- Home Equity Loans in Willow City
- 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