The typical owner-occupied home in Arthur is worth about $217,900, 13% below the North Dakota median of $249,900 and 35% below the national median of $332,700. Owners pay a median $1,596 a year in property taxes, about 0.73% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $88,393 a year, so the median home costs 2.5 times the median income (3.3 times for North Dakota). 86% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Arthur at a glance
| Arthur | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $217,900 | $249,900 | $332,700 |
| Median property tax paid per year | $1,596 | $2,468 | $3,119 |
| Property tax as a share of value | 0.73% | 0.99% | 0.94% |
| Median household income | $88,393 | $76,657 | $80,734 |
| Homes lived in by their owners | 86% | 63% | 65% |
| Owner homes with a mortgage | 58% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,556 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 19.5% | 19.4% | 21.0% |
| Median rent | $645 | $954 | $1,413 |
| Rent as a share of renters' income | 17.8% | 25.0% | 30.6% |
| Median year homes were built | 1971 | 1982 | 1980 |
| Vacant homes | 4.2% | 12.3% | 10.1% |
| Population | 392 | 784,841 | 334,922,499 |
What a typical home costs per month in Arthur
At this week's average 30-year rate of 7.11%, buying the median Arthur home of $217,900 with 20% down costs about $1,396 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,759, 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 $59,829 for the 20%-down payment. That payment is 19% of the median Arthur household income of $88,393; at that income and 20% down, the 28% guideline points to a home of about $322,000.
The median rent here is $645 a month, so owning the median home costs about $751 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $43,580 |
|---|---|
| Loan amount | $174,320 |
| Principal and interest | $1,173 |
| Property taxes (0.73% a year) | $133 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| PMI | $0 |
| Total per month | $1,396 |
Change the numbers in the calculator
| Down payment | $7,626 |
|---|---|
| Loan amount | $213,953 |
| Principal and interest | $1,439 |
| Property taxes (0.73% a year) | $133 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| FHA mortgage insurance | $96 |
| Total per month | $1,759 |
Change the numbers in the calculator
Questions about home buying in Arthur
What is the median home value in Arthur?
About $217,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Arthur?
Homeowners pay a median $1,596 a year, which is about 0.73% 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 Arthur?
For the median home with 20% down at 7.11%, the payment is about $1,396 a month. Keeping that under 28% of gross income takes about $59,829 a year.
More about Arthur
- Mortgage Refinance in Arthur
- Debt Relief in Arthur
- Home Equity Loans in Arthur
- 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