The typical owner-occupied home in Golden Valley is worth about $146,900, 41% below the North Dakota median of $249,900 and 56% below the national median of $332,700. Owners pay a median $910 a year in property taxes, about 0.62% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $80,625 a year, so the median home costs 1.8 times the median income (3.3 times for North Dakota). 74% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Golden Valley at a glance
| Golden Valley | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $146,900 | $249,900 | $332,700 |
| Median property tax paid per year | $910 | $2,468 | $3,119 |
| Property tax as a share of value | 0.62% | 0.99% | 0.94% |
| Median household income | $80,625 | $76,657 | $80,734 |
| Homes lived in by their owners | 74% | 63% | 65% |
| Owner homes with a mortgage | 44% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,328 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 19.4% | 21.0% |
| Median rent | $1,313 | $954 | $1,413 |
| Rent as a share of renters' income | 18.4% | 25.0% | 30.6% |
| Median year homes were built | 1980 | 1982 | 1980 |
| Vacant homes | 18.3% | 12.3% | 10.1% |
| Population | 258 | 784,841 | 334,922,499 |
What a typical home costs per month in Golden Valley
At this week's average 30-year rate of 7.11%, buying the median Golden Valley home of $146,900 with 20% down costs about $928 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,172, 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 $39,757 for the 20%-down payment. That payment is 14% of the median Golden Valley household income of $80,625; at that income and 20% down, the 28% guideline points to a home of about $298,000.
The median rent here is $1,313 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $29,380 |
|---|---|
| Loan amount | $117,520 |
| Principal and interest | $791 |
| Property taxes (0.62% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $61 |
| PMI | $0 |
| Total per month | $928 |
Change the numbers in the calculator
| Down payment | $5,142 |
|---|---|
| Loan amount | $144,239 |
| Principal and interest | $970 |
| Property taxes (0.62% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $61 |
| FHA mortgage insurance | $65 |
| Total per month | $1,172 |
Change the numbers in the calculator
Questions about home buying in Golden Valley
What is the median home value in Golden Valley?
About $146,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Golden Valley?
Homeowners pay a median $910 a year, which is about 0.62% 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 Golden Valley?
For the median home with 20% down at 7.11%, the payment is about $928 a month. Keeping that under 28% of gross income takes about $39,757 a year.
More about Golden Valley
- Mortgage Refinance in Golden Valley
- Debt Relief in Golden Valley
- Home Equity Loans in Golden Valley
- 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