The typical owner-occupied home in Grant County is worth about $93,200, 63% below the North Dakota median of $249,900 and 72% below the national median of $332,700. Owners pay a median $845 a year in property taxes, about 0.91% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $57,875 a year, so the median home costs 1.6 times the median income (3.3 times for North Dakota). 83% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.
Grant County at a glance
| Grant County | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $93,200 | $249,900 | $332,700 |
| Median property tax paid per year | $845 | $2,468 | $3,119 |
| Property tax as a share of value | 0.91% | 0.99% | 0.94% |
| Median household income | $57,875 | $76,657 | $80,734 |
| Homes lived in by their owners | 83% | 63% | 65% |
| Owner homes with a mortgage | 32% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,211 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 21.5% | 19.4% | 21.0% |
| Median rent | $675 | $954 | $1,413 |
| Rent as a share of renters' income | 34.9% | 25.0% | 30.6% |
| Median year homes were built | 1962 | 1982 | 1980 |
| Vacant homes | 35.2% | 12.3% | 10.1% |
| Population | 2,269 | 784,841 | 334,922,499 |
What a typical home costs per month in Grant County
At this week's average 30-year rate of 7.11%, buying the median Grant County home of $93,200 with 20% down costs about $611 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $766, 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 $26,189 for the 20%-down payment. That payment is 13% of the median Grant County household income of $57,875; at that income and 20% down, the 28% guideline points to a home of about $206,000.
The median rent here is $675 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,640 |
|---|---|
| Loan amount | $74,560 |
| Principal and interest | $502 |
| Property taxes (0.91% a year) | $71 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $611 |
Change the numbers in the calculator
| Down payment | $3,262 |
|---|---|
| Loan amount | $91,512 |
| Principal and interest | $616 |
| Property taxes (0.91% a year) | $71 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $41 |
| Total per month | $766 |
Change the numbers in the calculator
Questions about home buying in Grant County
What is the median home value in Grant County?
About $93,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Grant County?
Homeowners pay a median $845 a year, which is about 0.91% 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 Grant County?
For the median home with 20% down at 7.11%, the payment is about $611 a month. Keeping that under 28% of gross income takes about $26,189 a year.
More about Grant County
- Mortgage Refinance in Grant County
- Debt Relief in Grant County
- Home Equity Loans in Grant County
- 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