The typical owner-occupied home in Menoken is worth about $244,600, about the same as the North Dakota median of $249,900 and 26% below the national median of $332,700. Owners pay a median $2,045 a year in property taxes, about 0.84% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $116,250 a year, so the median home costs 2.1 times the median income (3.3 times for North Dakota). 98% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Menoken at a glance
| Menoken | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $244,600 | $249,900 | $332,700 |
| Median property tax paid per year | $2,045 | $2,468 | $3,119 |
| Property tax as a share of value | 0.84% | 0.99% | 0.94% |
| Median household income | $116,250 | $76,657 | $80,734 |
| Homes lived in by their owners | 98% | 63% | 65% |
| Owner homes with a mortgage | 31% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,875 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 19.4% | 21.0% |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1983 | 1982 | 1980 |
| Vacant homes | 4.8% | 12.3% | 10.1% |
| Population | 102 | 784,841 | 334,922,499 |
What a typical home costs per month in Menoken
At this week's average 30-year rate of 7.11%, buying the median Menoken home of $244,600 with 20% down costs about $1,589 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,997, 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 $68,121 for the 20%-down payment. That payment is 16% of the median Menoken household income of $116,250; at that income and 20% down, the 28% guideline points to a home of about $417,000.
| Down payment | $48,920 |
|---|---|
| Loan amount | $195,680 |
| Principal and interest | $1,316 |
| Property taxes (0.84% a year) | $171 |
| Homeowners insurance (our estimate, 0.5% a year) | $102 |
| PMI | $0 |
| Total per month | $1,589 |
Change the numbers in the calculator
| Down payment | $8,561 |
|---|---|
| Loan amount | $240,170 |
| Principal and interest | $1,616 |
| Property taxes (0.84% a year) | $171 |
| Homeowners insurance (our estimate, 0.5% a year) | $102 |
| FHA mortgage insurance | $108 |
| Total per month | $1,997 |
Change the numbers in the calculator
Questions about home buying in Menoken
What is the median home value in Menoken?
About $244,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Menoken?
Homeowners pay a median $2,045 a year, which is about 0.84% 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 Menoken?
For the median home with 20% down at 7.11%, the payment is about $1,589 a month. Keeping that under 28% of gross income takes about $68,121 a year.
More about Menoken
- Mortgage Refinance in Menoken
- Debt Relief in Menoken
- Home Equity Loans in Menoken
- 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