The typical owner-occupied home in Stanton is worth about $117,900, 53% below the North Dakota median of $249,900 and 65% below the national median of $332,700. Owners pay a median $1,721 a year in property taxes, about 1.46% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $68,750 a year, so the median home costs 1.7 times the median income (3.3 times for North Dakota). 89% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Stanton at a glance
| Stanton | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $117,900 | $249,900 | $332,700 |
| Median property tax paid per year | $1,721 | $2,468 | $3,119 |
| Property tax as a share of value | 1.46% | 0.99% | 0.94% |
| Median household income | $68,750 | $76,657 | $80,734 |
| Homes lived in by their owners | 89% | 63% | 65% |
| Owner homes with a mortgage | 29% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,417 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.3% | 19.4% | 21.0% |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1971 | 1982 | 1980 |
| Vacant homes | 24.6% | 12.3% | 10.1% |
| Population | 470 | 784,841 | 334,922,499 |
What a typical home costs per month in Stanton
At this week's average 30-year rate of 7.11%, buying the median Stanton home of $117,900 with 20% down costs about $827 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,023, 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 $35,446 for the 20%-down payment. That payment is 14% of the median Stanton household income of $68,750; at that income and 20% down, the 28% guideline points to a home of about $229,000.
| Down payment | $23,580 |
|---|---|
| Loan amount | $94,320 |
| Principal and interest | $634 |
| Property taxes (1.46% a year) | $143 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $827 |
Change the numbers in the calculator
| Down payment | $4,126 |
|---|---|
| Loan amount | $115,765 |
| Principal and interest | $779 |
| Property taxes (1.46% a year) | $143 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $1,023 |
Change the numbers in the calculator
Questions about home buying in Stanton
What is the median home value in Stanton?
About $117,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Stanton?
Homeowners pay a median $1,721 a year, which is about 1.46% 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 Stanton?
For the median home with 20% down at 7.11%, the payment is about $827 a month. Keeping that under 28% of gross income takes about $35,446 a year.
More about Stanton
- Mortgage Refinance in Stanton
- Debt Relief in Stanton
- Home Equity Loans in Stanton
- 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