The typical owner-occupied home in Lamoure is worth about $151,900, 39% below the North Dakota median of $249,900 and 54% below the national median of $332,700. Owners pay a median $1,451 a year in property taxes, about 0.96% of their home's value, close to the North Dakota rate of 0.99%. The median household earns $71,339 a year, so the median home costs 2.1 times the median income (3.3 times for North Dakota). 72% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Lamoure at a glance
| Lamoure | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $151,900 | $249,900 | $332,700 |
| Median property tax paid per year | $1,451 | $2,468 | $3,119 |
| Property tax as a share of value | 0.96% | 0.99% | 0.94% |
| Median household income | $71,339 | $76,657 | $80,734 |
| Homes lived in by their owners | 72% | 63% | 65% |
| Owner homes with a mortgage | 43% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,290 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 17.1% | 19.4% | 21.0% |
| Median rent | $922 | $954 | $1,413 |
| Rent as a share of renters' income | 22.5% | 25.0% | 30.6% |
| Median year homes were built | 1969 | 1982 | 1980 |
| Vacant homes | 15.1% | 12.3% | 10.1% |
| Population | 658 | 784,841 | 334,922,499 |
What a typical home costs per month in Lamoure
At this week's average 30-year rate of 7.11%, buying the median Lamoure home of $151,900 with 20% down costs about $1,002 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,255, 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 $42,955 for the 20%-down payment. That payment is 17% of the median Lamoure household income of $71,339; at that income and 20% down, the 28% guideline points to a home of about $252,000.
The median rent here is $922 a month, so owning the median home costs about $80 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $30,380 |
|---|---|
| Loan amount | $121,520 |
| Principal and interest | $817 |
| Property taxes (0.96% a year) | $122 |
| Homeowners insurance (our estimate, 0.5% a year) | $63 |
| PMI | $0 |
| Total per month | $1,002 |
Change the numbers in the calculator
| Down payment | $5,316 |
|---|---|
| Loan amount | $149,149 |
| Principal and interest | $1,003 |
| Property taxes (0.96% a year) | $122 |
| Homeowners insurance (our estimate, 0.5% a year) | $63 |
| FHA mortgage insurance | $67 |
| Total per month | $1,255 |
Change the numbers in the calculator
Questions about home buying in Lamoure
What is the median home value in Lamoure?
About $151,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lamoure?
Homeowners pay a median $1,451 a year, which is about 0.96% 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 Lamoure?
For the median home with 20% down at 7.11%, the payment is about $1,002 a month. Keeping that under 28% of gross income takes about $42,955 a year.
More about Lamoure
- Mortgage Refinance in Lamoure
- Debt Relief in Lamoure
- Home Equity Loans in Lamoure
- 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